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Carrefour
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Majid Al Futtaim opens first premium Carrefour Market in the UAE
Move follows Carrefour’s recent expansion plans in Nigeria through a franchise partnership
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Carrefour to enter Nigeria through partnership with HyperCity
Plan includes rollout of 20 stores by 2028, including discount formats
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Carrefour opens first hypermarket in Kinshasa, DRC, through franchise partnership
Expansion to Lubumbashi planned for 2026
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Carrefour sets 2030 target to lead Africa’s mass retail market
Strategy relies on franchise partners and asset-light growth model
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Carrefour cancels sale of Argentine business, opts to keep operations
Plans to pursue local expansion with US$300 million investment programme