Carrefour SA engages in the provision of supermarkets and retail stores. Its activities include operation and management of hypermarkets; supermarkets; convenience stores; cash and carry stores; and both food and non-food e-commerce websites. The company was founded on July 11, 1959 and is headquartered in Boulogne-Billancourt, France.
Carrefour SA EPA:CA
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About Carrefour SA
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The Coronavirus has pushed multiple governments into ordering nationwide lockdowns that are making it harder for the citizens to access essential items. To make things easier for the Parisians, France’s top supermarket retailer, Carrefour (EPA:CA), announced its partnership with Uber Eats (NYSE:UBER) on Wednesday for efficient delivery of food and other essential items to the people via online shopping. The service is expected to go live on...
Carrefour shares are lower Tuesday, after the French retailer announced it will introduce blockchain technology to improve the transparency of its fresh produce journey.
Long-term partnership expected to become operational in October
France’s antitrust authority opens investigation into the impact of such tie-ups
Analysts argue alliance makes sense but risks price war
Companies aim to cut prices amid stiff competition
Google shares closed higher, while Carrefour shares also opened in the green amid news the two firms are teaming up to create a new, more conected grocery shopping experience.
Carrefour shares sink as earnings results disappoint. CEO confirms commitment to transformation plan.
Carrefour shares gained significant ground Tuesday, following an announcement the European retailer would cut costs and make a significant investment into its digital planning.
Carrefour shares were trading higher Friday, as the French retailer announced it had signed an agreement with online fashion store, Showroomprive. Europe’s largest supermarket Carrefour, will purchase 17% of the fashion etailer.