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4

INTERVIEW

What is your outlook for

2014 in Europe?

France and Spain must continue the same

trend, assuming equal economic conditions.

Italy has begun to reposition. In Belgium,

Carrefour is finally back in the race. Poland

and Romania are well in hand. We will conti-

nue to capitalise on the European market,

where we are very well positioned and the

consumer culture is strong.

Are you equally confident about

your growth markets, such as Brazil

and China?

Those countries will continue to be growth

leaders for the future. Income levels will

increase substantially in emerging countries,

which should bolster our business over the

medium term.

Brazil, where we are a leader in food retail,

is our second-largest market. We have

already strengthened our management

there and plan to step up the pace of devel-

opment, re-energise our offer, take a pro-

fessional approach to asset management,

and put down deeper local roots. InArgentina,

where Carrefour is a market leader, the

company is weathering the country’s current

difficulties well.

In Asia, Carrefour is continuing to expand its

market share in China and is now looking

to newly developing urban areas. In Taiwan,

the company has good locations and a

multiformat presence on which to capitalise.

In short, we are continuing to move forward

and do good work. Carrefour is gaining

ground in all its markets with a multiformat,

multi-local model.

Do you have any prospects

in newmarkets?

We recently signed a very promising partner-

ship with CFAO, a group that has been pres-

ent in Africa for more than a century, to open

our stores in West Africa. We also have a

long-standing partnership with Majid Al

Futtaim for other countries in Africa and the

MiddleEast. We have excellent partners, both

in French overseas territories and in other

countries.

In conclusion,

what is your challenge?

Our challenge is simple: make Carrefour a

pioneer again, an innovator. That is the

attitude we need to return to if we want to

satisfy our customers in all our countries, on

quality, traceability, tradition, as well as

consumption habits. The real challenge is

simply to conduct our traditional business

well and successfully connect our stores

with new forms of commerce.

OUR CHALLENGE

IS SIMPLE:

MAKE CARREFOUR

A PIONEER

AGAIN,

AN INNOVATOR.

COMPETITIVE

PRICING

IS ESSENTIAL

AND WE GUARANTEE

IT EVERY

SINGLE DAY.

The more our stores can interact with their

environment, the more they’ll be able to offer

local products, get involved in local life, and

work together with local communities, asso-

ciations and companies. By adapting, mee-

ting local needs, and taking their customers’

profile into account, they will strengthen our

fundamentals. Understanding the demand is

critical.

Are you focusing on all store formats?

Carrefour has a real advantage with its four

formats: hypermarkets, supermarkets,

convenience stores, and cash & carry stores,

not tomention online shopping and the drive

service. In the near future, this will strength-

en a multichannel organisation where our

customers can choose what they want,

when they want, where they want.

Carrefour has made a real comeback

in the price field…

Competitive pricing is essential, and we gua-

rantee it every single day. We apply a

consistent, constant pricing policy to offer

our customers the best value for money

without sacrificing product quality. And in fact,

our price image improved markedly in 2013.

What other factors supported

the upswing in 2013?

The most important factor, apart from the

technical solutions we needed to provide,

was our employees’ confidence, energy, and

drive. It is up to us to support their dedication

to this approach through training, by offering

the best possible working conditions, and by

respecting their diversity.