Evaluation and Selection 1 3/18/2013 Carrefour - background • from 1960 in France, Inventor of “hypermarket” • Hypermarket: a combination of dept. store and supermarket, typically Carrefour’s Intl. Expansion • Key strategy • Local partnership, locally produced goods (90% of their sales) 330,000 sq. feet (vs. 40,000 sq. feet for dept. store) • No.1 in Europe and Latin America & 2nd largest hypermarket in the world (15,000 stores and 495,000 employees in 2009) • French government…
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