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Presentation of the Carrefour group

Company profile

Company

profile

As a multi-local, multi-format and multi-channel retailer, Carrefour employs

more than 380,000 people

around

the world. With

nearly 12,300 stores

in

more than 35 countries

, the Group generated total sales of

€104.4 billion under Group banners in 2015. As a partner for daily life, Carrefour welcomes

13 million

customers

around the world every day. Through its initiatives, Carrefour is committed to sustainable and

responsible trade. The Group’s global approach to CSR is based on three pillars: combatting all forms of waste,

protecting biodiversity and providing support to the company’s partners.

In the various geographies in which it operates – in France, in Europe, in Latin America, in Asia and in other

countries through international partnerships – the Carrefour group has rolled out a variety of formats and channels:

hypermarkets, supermarkets, convenience stores, cash & carry stores, and food and non-food e-commerce sites.

In 2015, total sales under Group banners, including fuel, totalled

€104.4 billion

, up 4.5% at constant exchange

rates. Excluding fuel, the Group’s consolidated sales including VAT stood at €86.3 billion, up 5.3% at constant

exchange rates. Net sales totalled €76.9 billion. At year-end 2015, the Group had 12,296 stores under its banners,

including 1,481 hypermarkets, 3,462 supermarkets, 7,181 convenience stores and 172 cash & carry stores.

The history of the Carrefour group

1.1

The

Carrefour

Supermarchés

company was born on July

11, 1959 On June

15, 1963, Carrefour inaugurated the concept of the

following a meeting between Marcel Fournier, proprietor of a novelty

hypermarket in France, opening a store in Sainte-Geneviève-des-Bois

store in Annecy, and the Badin-Defforey family business, a grocery

in the Paris region. This first hypermarket offered an enormous choice

wholesaler in Lagnieu. Both families came from an entrepreneurial

of products on a self-service basis and at low prices. It had a surface

background. They hit upon a new idea: self-service, French-style, that

area of 2,500 sq.m with 400 free parking spaces. This innovative

they tried out in a 200-sq.m store. Their success was immediate, and concept, which was a response to the growth of mass consumption in

they soon had to expand. So, in June

1960, an 850-sq.m supermarket

France, was a real success. Another supermarket was opened in the

was founded at the crossroads of Avenue Parmelan and Avenue André Villeurbanne town centre, in the Lyon suburbs, in March

1964, and

Theuriet in Annecy, followed in April

1963 by a second store in was later expanded into a hypermarket. The next store, opened in

Cran-Gevrier in the Annecy suburbs.

Vénissieux in 1966, was a hypermarket with a sales area of 10,000

square metres. This fully air-conditioned store offered, for the first

Did you know?

time, a selection of furniture and large household appliances, and laid

the foundations for the modern hypermarket, featuring “everything

The first supermarket was located at the junction of five

under one roof” with 20,000 products.

streets and roads. That’s why this revolutionary new

The Group’s supplier listing centre, the

Société

d’achats

modernes

French-style self-service store was named Carrefour, the

(Samod), was established in 1967 to supply the new hypermarkets

French word for crossroads.

being opened by Carrefour: Chartres and Anglet in 1967,

Annecy-Brogny, Dijon Quétigny and Créteil in 1968, and then Bourges,

At the same time, SARL Promodis (later to become Promodès)

Chambéry, Grenoble, Mérignac and Nevers in 1969.

emerged in 1961, headed by two Normandy families with a

background in the wholesale trade, the Duval-Lemonniers and the

Halleys. The company opened its first supermarket in 1962 in

Mantes-la-Ville.

1966

Vénissieux

hypermarket opening

1960

First Carrefour

supermarket in Annecy

1963

Customer in the first

Carrefour hypermarket in

Sainte-Geneviève-des-Bois

4

2015 REGISTRATION DOCUMENT