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Presentation of the Carrefour group

The history of the Carrefour group

It subsequently underwent an ambitious international expansion

Did you know?

programme in Spain, in Greece, in Turkey, in China, in Brazil, in

Argentina, under the banners Ed and Dia in France and Minipreço in

The company’s logo was created in 1966 to mark the

Portugal.

opening of the hypermarket in Vénissieux, near Lyon. It

Carrefour’s development was also reflected by an increase in staff

depicts the first letter of the word Carrefour placed in the

numbers and the Group’s desire, since it was first founded, to

middle of a diamond with the left half coloured red and the

encourage a culture of initiative and promote the personal and

right half coloured blue, and black lines above and below.

professional development of its employees. Since 1967, all employees

The black lines soon disappeared, leaving the C less

have

benefited

from

an

employee-participation

scheme,

visible, almost subliminal.

supplemented at the end of the 1970s by a particularly attractive

In the wake of the events of May

1968, consumer products strove to healthcare and insurance coverage scheme and in 1987 by a

outdo each other in terms of originality, and technology began to profit-sharing agreement.

permeate into every aspect of day-to-day life. As a pioneer, the Group The 1980s brought a wealth of new challenges. Changes in the

had to set up an organisational structure that would enable it to legislative environment and new consumer habits encouraged the

prosper. For that reason, in order to finance its growth, Carrefour was

international development, in Argentina (1982) then in Taiwan

listed on the Paris Stock Exchange on June

16, 1970, a first for the (1989), and the diversification of the product offering: food, apparel,

retail business.

household appliances, hi-fi equipment, financial and insurance

To make its stores even more appealing, the Group created a fuel retail

services, and more. It was in 1980 that Carrefour established the PASS

subsidiary.

financial services company to manage the PASS card launched in 1981

– both a credit card and a tool to encourage customer loyalty. Three

Looking to offer its customers ever cheaper products, Carrefour

years after its launch, 200,000 customers had PASS cards, using them

reinvented the business in 1976 when it decided to sell its own

for more than 4 million transactions. Over the course of the decade,

products. This was the birth of the

“produits

libres”

(unbranded

Carrefour established Tex, its own-brand apparel line, which at the

products) with plain packaging and no branding. They would go on to

time included 450 products, and First Line (later to become Carrefour

revolutionise the consumer products business. From that point on, the

Home), its household appliance, TV and hi-fi equipment brand.

mission of Carrefour teams was not only to negotiate prices and

conditions with the major brands, but also to develop products, select

For its part, Promodès acquired 128 supermarkets from Primistère in

suppliers and guarantee quality.

1988, enabling it to strengthen its position in Paris and the

Île-de-France region. In 1990, the company bought Codec and

Did you know?

reached an agreement with the Arlaud group, three of whose

hypermarkets came under the Continent banner.

The launch of the

“produits libres”

(unbranded products)

That same year, Carrefour purchased the French hypermarket chains

in 1976 surpassed all expectations: consumers turned

Montlaur and Euromarché. The 1990s gave Carrefour an opportunity

them into an absolute triumph. In 1985, they became

to continue to develop its international business, with the Group

“Carrefour products.” By attaching its own brand to the

gaining a foothold in Italy (1993), in China (1995) and in Poland

products that it was selling, Carrefour made its name as a

(1997). In 1996, Promodès acquired 105 Félix Potin stores, and in

label that was genuinely trusted by its customers.

1997, the Catteau company.

At the same time, Carrefour was expanding internationaly and Always keen to innovate, Carrefour introduced the era of organic

exploring new markets: Spain in 1973, followed by Brazil in 1975. In products in the retail sector, presenting in 1992 the

“Boule

Bio”

1977, Promodès established the 8 à Huit banner in France, under

(organic bread) in the bakery department. During the 1990s, Carrefour

which it developed retail in convenience stores: small shops where revolutionised its offering and its stores around a central theme:

customers could pick up extra items quickly and conveniently.

becoming the reference for quality and fresh produce. From that point

on, Carrefour butchers, bakers, pastry chefs and fishmongers

In 1979, the Dia banner was established in Spain, with a first store in

developed, prepared, cut and put together their products in front of

Madrid.

customers. The idea was to demonstrate the professionalism and

expertise of the teams while showcasing the freshness and quality of

the products, in an atmosphere reminiscent of a traditionnal market.

1976

Carrefour launches

the

“produits libres”

1975

First hypermarket

in Brazil (Pinheiros)

1981

Carrefour launches

its own payment card –

the PASS card

1989

First hypermarket

in Asia

(Ta-Shun – Taiwan)

2015 REGISTRATION DOCUMENT

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