Carrefour in India

Sushubh

Administrator
[OP]
Oct 29, 2004
413,724
12,754
Gurugram
French retailer Carrefour close to launch Indian venture
French retailer Carrefour has said in a statement that they are currently in talks with six potential partners to enter the retailing business in India.
The company is hoping that they would be able to sign a deal soon.
Dominique Coulombel, India-based sourcing manager for Carrefour stated in a company [...]

http://business.techwhack.co/1951/carrefour/
 

Sushubh

Administrator
[OP]
Oct 29, 2004
413,724
12,754
Gurugram
Carrefour Group Divests its 50% Investment in Distributis AG (Switzerland) to Coop Carrefour Group (Paris:CA) and Maus Frères have jointly entered into an agreement with Coop to divest their respective stakes in Distributis AG for an equity value of 470 million Swiss francs (around €287m). The joint-venture Distributis AG, 50% owned by Carrefour and 50% [...]

Carrefour Group Divests its 50% Investment in Distributis AG (Switzerland) to Coop
 

Sushubh

Administrator
[OP]
Oct 29, 2004
413,724
12,754
Gurugram
Carrefour wants to enter Indian market by 2009 France based Carrefour Company is said to be considering plans to enter the Indian retail market by 2009. They are already the worldâs second largest retail company and they have already floated two separate units in India. These are: Carrefour WC & C India Pvt. Ltd and Carrefour India [...]

Carrefour wants to enter Indian market by 2009
 


gregory house

philosopher-in-chief
Regulars
Aug 10, 2007
1,872
16
Haven't they heard about a recent phenomenon called 'retail terror'? It is an Indian invention. But, being a French company, maybe they are used to receiving brickbats from worker unions and other socialist entities. What I want to know is will the 35 hour week arrive with them?
 

manu1991

Ancient Philospher
Regulars
Dec 9, 2006
7,331
1,425
Delhi
i dont think the 35 hour week would come to india unless they bring all their employees with them
 

Sushubh

Administrator
[OP]
Oct 29, 2004
413,724
12,754
Gurugram
Carrefour to exit India, shut five wholesale stores | Reuters

French retail giant Carrefour SA (CARR.PA) will shut down its Indian operations and close its wholesale stores in the country, as it exits underperforming markets to focus on reviving its French business.

The world's no.2 retailer by sales, which has been operating in India since 2010, will shut its five Indian wholesale stores by the end of September, it said in a statement late on Monday.

Carrefour has been in talks with Indian retail companies and strategic investors about its Indian assets in recent months, after flagging in March that it was considering the future of the business.