Carrefour SALevallois-Perret, France

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Carrefour Company Description

At the junction of groceries, merchandise, and services, you'll find Carrefour (which means "crossroads"). The world's second-largest retailer (behind Wal-Mart), Carrefour operates more than 15,400 stores under some two dozen names, including hypermarkets (Carrefour), supermarkets (Champion), convenience stores (Shopi, Marché Plus), discount stores (Dia, Ed), and cash-and-carry stores (Promocash) in about 30 countries in Europe, Latin America, and Asia. France, with more than 5,500 Carrefour stores, accounts for more than 40% of the retailer's sales. Carrefour secured its spot as the #1 European retailer when it merged with food retailer Promodès and raised its banner over those stores.

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The Company Description provides a historical perspective of Carrefour's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Carrefour's evolution in the marketplace.

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