The Latest Breaking News from Carrefour

Supermarket giant Carrefour has lost £1.36bn due to French riots

IN FULL

The Independent UK · Oct 21

French supermarket chain suffers €1.6 billion hit after riots and looting

Carrefour said the direct cost would be in the tens of millions of euros after theft, damage and extra security hires

The Independent UK · Oct 21

Global Market: European shares struggle for direction as France unrest weighs on sentiment

European shares remained stagnant amid escalating unrest in France, raising alarms over fiscal health and growth prospects. While some optimism was generated from positive earnings reports by companies like Randstad and EssilorLuxottica, a downgrading of Carrefour's earnings forecast dampened investor sentiment. Additionally, new consumer inflation figures from Britain added layers…

The Economic Times · Oct 21

French Supermarket Hack: Some Freezer Defrost Cycles Extended to Eight Hours To Delay Alarms, Report Says

Attackers reportedly altered refrigeration controllers at French supermarkets, extending defrost cycles and delaying alarms. Hundreds of shops discarded food as authorities investigated the intrusion, reported fires and losses.

International Business Times UK · Oct 13

France supermarket cyberattack: How hackers turned fridges into furnaces at 122 degrees and what it reveals about connected devices

A cyberattack on French supermarket chains reportedly manipulated connected refrigeration systems, forcing some units to heat up to 50°C. The incident affected hundreds of stores, caused food losses and was linked to reports of fires. French authorities are investigating how hackers accessed the systems and whether other countries were affected.

The Economic Times · Oct 13

A French giant heads back to India after 12 years with bigger bets

Carrefour is back in India, but it is not rebuilding the hypermarket business it abandoned in 2014. This time, the French retailer is betting on smaller stores, local products, private labels and eventually quick commerce—taking on Reliance, DMart, Blinkit and others with profitability, rather than scale alone, at the centre…

The Economic Times · Sep 5

Carrefour eyes India expansion via organic route, acquisitions

French retailer Carrefour has re-entered India through a partnership with Apparel Group. The company plans to open multiple stores across Delhi-NCR in the coming months. They will also expand into the western region by next summer. Carrefour is open to acquisitions to accelerate its growth strategy. The focus remains on…

The Economic Times · Sep 3

The French booze cruise is a 1,000-year-old tradition – how does it hold up today?

Tempted by a much-ignored part of the Bayeux Tapestry, Lucy Shrimpton takes a trip across the Channel to purchase the best of Calais’ wine offering

The Independent UK · Aug 20

Why UK Multi-site Businesses are Handing Their Networks to a Managed Operator

For any organisation running dozens or hundreds of sites, the network has quietly become the single point on which everything else depends.

inkl · Jul 8

French companies expand presence in Ethiopia, despite security concerns

The Africa Forward summit, currently under way in the Kenyan capital Nairobi, reflects France’s efforts to reposition itself on the continent. An increasing number of French companies are choosing to set up operations in neighbouring Ethiopia – attracted by a market of more than 120 million people, despite a deteriorating…

Radio France Internationale · May 12