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Carrefour to restructure its French hypermarkets

Carrefour will restructure its French hypermarkets. The giant retailer presented last Friday its action plan for its French hypermarkets in 2019, which includes new lease-management and deletions, causing concern from the unions.

The French distributor must imperatively raise the bar of these very large formats which account for nearly 25% of its turnover and whose counter-performances lead to profitability. As part of its stimulus package presented a year ago, group CEO Alexandre Bompard had already announced cuts in surface area – non-food departments suffering from competition from specialized retailers and e-commerce – a better food basket with more organic products and franchises for the most deficit stores.

For 2019, its roadmap will consist of continuing to reduce non-food surfaces to reallocate them to e-commerce, with the opening of new “drive”, according to a document posted on its website by the CGT. Eight “drive” openings are planned this year while 67 of these online shopping points will be expanded. In addition, 10 stores are expected to be leased, in addition to the five already franchised in 2018. Home delivery services will have to be boosted, with a target of 90 hypermarkets able to offer them by the end of the year. year, out of a total of about 230, while the development of new technologies is expected to install automatic cash registers in about 200 stores.

Source: capital.fr

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