Carrefour - 2017 Registration Document

The Group continued its expansion of the Carrefour banners, in Brazil, for example, with the opening of 11 Atacadão stores during the year and in China, by opening 22 hypermarkets and acquiring eight stores as part of a partnership with Baolongcang, one of the major hypermarket chains in the Hebei region in eastern China. 2012 The Group refocused its activities. As a result, partnerships in Indonesia, Turkey and the Middle East were reorganised. The Group also consolidated Guyenne & Gascogne following the success of a tender offer in France and acquired Eki stores in Argentina. 2014 To gain more control over its ecosystem, Carrefour created Carmila, a company dedicated to revitalising the shopping centres adjacent to its hypermarkets in France, Spain and Italy. The year was also shaped by the acquisition of the Dia network and the integration of 128 Coop Alsace stores in France, the acquisition of 53 Billa supermarkets and 17 Il Centro stores in Italy and the sale of a 10% stake in its Brazilian subsidiary to Península, designed to strengthen the Group’s local roots in Brazil. Carrefour continued to expand its network, with the development of its convenience banners and the acquisition of Billa supermarkets in Romania and Eroski stores in Spain. In addition, the Group proceeded to the acquisition of Rue du Commerce and Greenweez in France and the launch of new e-commerce operations in China, Poland, Argentina and Brazil. For information about 2017, go to section 1.4 2013 Carrefour joined forces with the CFAO group, establishing a joint company to develop various formats of Carrefour stores in West and Central Africa. The same year, the Group launched an asset modernisation programme. During the programme’s first year, 49 hypermarkets and 83 supermarkets were renovated and remodelled in France. + 2010 2016 PRESENTATION OF THE CARREFOUR GROUP History of the Carrefour group 2017 REGISTRATION DOCUMENT | CARREFOUR 1. 14