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Creation of Carmila

with institutional investors

to enhance the value

of the shopping centres

that are adjacent to

Carrefour hypermarkets

in France, Spain, and Italy.

Step up the multi-format

approach with the opening

of 755 newstores, including

518 convenience stores.

Continuation of

the asset renovation

and expansion programme,

as evidenced by a

€2.4 billion investment.

Acquisition of more

than 800 Dia stores

and 128 Coop Alsace

stores in France.

Acquisition of 53 Billa

supermarkets and

17 Il Centro convenience

stores in Italy.

Strengthening of local

ties in Brazil as Península

took a 10% share in the

capital of its Brazilian

subsidiary.

Carrefour France and

Cora/Match Supermarkets

signed a purchasing

cooperation agreement,

improving the

competitiveness of their

banners for the benefit

of consumers.

2014 KEY PROJECTS

9

2014 annual activity and responsible commitment report –