Carrefour Italia Focuses On Franchising And Italian Organic Products
Carrefour Italia is implementing a recovery strategy focused on franchising expansion and its Act for Food programme. This follows a disappointing summer and a 3.5% drop in first-half sales, to €2.06 billion, while third-quarter turnover is also expected to be weak.
The French retailer plans to restructure its retail network in Italy and expand its franchise model.
The number of directly managed hypermarkets will soon be reduced to four – in Pisa, Novara, Arma di Taggia and Lucca – while its Express franchise network (currently 900 of 1,200 stores, operated by 450 entrepreneurs) is set to grow by at least 50 new franchises annually.
Carrefour Italia CEO Christophe Rabatel expects the store network to be fully franchised within four years. He added that the Italian market is very competitive, with over 370 store banners.
E-commerce sales and exports of Carrefour’s Italian-sourced products (already €1.15 billion in 2022 – a 40% increase on 2021) are projected to increase significantly.
Act For Food Programme
Carrefour’s key challenge lies in the success of its Act for Food programme, launched in 2018, which prioritises high-quality, primarily Italian (80%), competitively priced organic products, aiming for market leadership in this segment.
Speaking during the presentation of the relaunch of the Act for Food programme, Rabatel said, “The drop in sales has forced the group to slow down the 2026 strategic plan, between investments and openings – and if the break-even point should still be reached, it is also true that this period of crisis was not expected. We will do everything to reach the set targets.”
He also announced that Carrefour Italia’s smaller-format Terre d’Italia store in Milan, featuring a premium private label, will not be replicated.
While showcasing the product line well, its performance hasn’t met expectations.
In contrast, the Carrefour Contact smaller store format has proved successful, with an 11th location now open and further expansion planned in Rome and Turin.
ESM
Related news
Five microtrends rewriting green claim strategies
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Franchise powerhouse from pizza delivery driver – Nadeem Bajwa aims for 500 restaurants
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Casa Mexa strengthens its presence in Budapest with a new unit
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Dr Zoltán Pogátsa on the Hungarian economy: neither the golden age, nor an apocalypse
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Eurozone GDP grew by 0.1 percent in the second quarter compared to the previous quarter
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: industrial production decreased by 1.0 percent compared to the same period of the previous year, expanded by 2.0 percent compared to the previous month
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >