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Garment factory workers return to work in Dhaka

Bangladesh garment factories reopen after protests

Garment factories in Bangladesh, forecast to account for 90% of the country's exports, reopened today, hoping to swiftly resume full operations after production was disrupted by violent protests that ousted Prime Minister Sheikh Hasina this week.

Business • 07 Aug 24

Shrinkflation has become a headache for consumers and governments alike

France orders retailers to display shrinkflation

French retailers will have to notify shoppers when products have been reduced in size without a corresponding cut in prices in an effort to tackle so-called shrinkflation, the finance ministry said today.

Business • 19 Apr 24

Carrefour has been lowering prices recently in France as it tries to compete against market leader E. Leclerc

Carrefour raises dividend after 2023 profit jumps

Carrefour, Europe's largest retailer, said it was confident about this year as it reported record cash flow of €1.62 billion for 2023 and operating profit up 18.5% in its core French market amid high inflation.

Business • 21 Feb 24

Carrefour is telling customers it will no longer sell PepsiCo products because they had become too costly

Carrefour not selling PepsiCo goods due to price hikes

Carrefour is telling customers it will no longer sell PepsiCo products like Pepsi, Lay's crisps and 7up because they had become too costly, in the latest tug-of-war over prices between retailers and global food giants.

Business • 04 Jan 24

Carrefour said it would sell fuel at cost price seven days a week from Friday

France's Carrefour and E-Leclerc to sell fuel at cost

France's two largest food retailers, E-Leclerc and Carrefour, have said they would heed the government's call for petrol and diesel to be sold at cost price at the pump, while rival Casino also made a similar pledge.

Business • 27 Sep 23

French supermarket chain Carrefour has slapped price warnings on products to pressure top consumer goods suppliers to reduce inflation

Consumer goods firms' woes may spread beyond France

Consumer goods firms like Nestle, Lindt and Unilever may face increased pressure across Europe to cut prices after being singled out by French retailers and politicians, industry experts say.

Business • 22 Sep 23

France's Carrefour is putting stickers on products that have shrunk in size but cost more even after raw materials prices have eased

Carrefour sticks price warnings on food to shame firms

French supermarket chain Carrefour has slapped price warnings on products from Lindt chocolates to Lipton Ice Tea to pressure top consumer goods suppliers Nestle, PepsiCo and Unilever to reduce inflation ahead of much-anticipated contract talks.

Business • 14 Sep 23

Luxury billionaire Arnault sells out of Carrefour

French luxury goods billionaire Bernard Arnault has sold out of supermarket group Carrefour, the retailer he first invested in 14 years ago and whose potential takeover by Canada's Couche-Tard unravelled earlier this year.

Business • 01 Sep 21

The deal is the first major deal by Carrefour since a possible takeover by Canada's Couche-Tard unravelled in January

French retailer Carrefour buys BIG in Brazil

Shares in Carrefour moved higher today after the French supermarket retailer said it would buy Grupo BIG in a deal that values Brazil's third-biggest food retailer at about $1.3 billion.

Business • 24 Mar 21

Couche-Tard dropped its €16.2 billion bid for Carrefour after the French government opposed the deal, citing food security concerns

Couche-Tard-Carrefour takeover talks fail

Canada's Alimentation Couche-Tard and European retailer Carrefour have decided to work on partnership opportunities after takeover talks failed, the two companies said in a joint statement over the weekend.

Business • 18 Jan 21

Couche-Tard made a non-binding offer on Wednesday for France's Carrefour grocery group, largely in cash

French government hardens stance on Carrefour takeover

France is taking a tough line against any takeover of retailer Carrefour by a foreign company, dealing a major blow to a near $20 billion bid approach by Canada's Alimentation Couche-Tard.

Business • 15 Jan 21

The deal is the latest partnership within the European retail industry

Tesco and Carrefour join forces in strategic alliance

Tesco and France's Carrefour, Europe's two largest supermarket groups, plan to form a global purchasing alliance to cut costs in the face of competitive pressure.

Business • 02 Jul 18

Continued weakness in its core French market suggests that Carrefour faces a long road to recovery

Carrefour cautious on 2018 as sales growth slows

Carrefour gave a cautious outlook for this year after sales growth slowed in the first quarter, with continued weakness in its core French market suggesting that the supermarket chain faces a long road to recovery.

Business • 12 Apr 18

The world's second biggest retailer achieved its fourth year of rising sales in a row for 2015 as a whole

Carrefour's sales growth hit by France and China

Carrefour's sales growth slowed in the fourth quarter, as the Paris attacks in November and mild winter weather weighed on its core business, the French retailer said today.

Business • 15 Jan 16