126 2014 Registration Document
Comments on 2014 fiscal year
4
Q1 Gross Sales for 2015
Store network under banners – First quarter 2015
In Q1 2015, Carrefour opened or acquired 1,086 stores. Net of disposals and closures, the network added 987 stores in the quarter, bringing the
total network to 11,847 stores at the end of March.
No. of stores
Dec 31, 2014
Openings
Acquisitions
Closures/
Disposals
Transfers
Total Q1
2015 change
March 31,
2015
Hypermarkets
1,459
4
5
(3)
(13)
(7)
1,452
France
237
5
5
242
Europe (ex France)
489
(1)
(12)
(13)
476
Latin America
291
1
(1)
0
291
Asia
375
2
(2)
0
375
Others
67
1
1
68
Supermarkets
3,115
22
1
(15)
16
24
3,139
France
960
1
(1)
0
960
Europe (ex France)
1819
17
(14)
15
18
1 837
Latin America
169
1
1
170
Asia
19
1
1
20
Others
(1)
148
4
4
152
Convenience
6,111
241
813
(83)
(3)
968
7,079
France
3,673
25
813
(34)
804
4,477
Europe (ex France)
2,035
211
(49)
(3)
159
2,194
Latin America
370
3
3
373
Others
(1)
33
2
2
35
Cash & carry
175
0
175
France
143
0
143
Europe (ex France)
19
0
19
Others
(1)
13
0
13
Group
10,860
267
819
(101)
985
11,845
France
5,013
25
819
(35)
809
5,822
Europe (ex France)
4,362
228
(64)
164
4,526
Latin America
830
4
4
834
Asia
394
3
(2)
1
395
Others
(1)
261
7
7
268
(1) Maghreb, Middle East and Dominican Republic.
Definitions
LFL sales growth:
sales generated by stores opened for at least twelve
months, excluding temporary store closures, at constant exchange rates.
Organic growth:
LFL sales plus net openings over the past twelve
months, including temporary store closures, at constant exchange rates.
Sales under banners:
total sales under banners including sales by
franchisees and international partnerships.




