Carrefour hits a billion in the region

Carrefour's regional stores turned over US $1 billion in 2004, according to its local franchisee.

  • E-Mail
By  David Ingham Published  July 12, 2005

Carrefour stores in the Middle East turned over more than US $1 billion in 2004, according to the local Carrefour franchisee. MAF Hypermarkets, which is owned by Majid Al Futtaim Holding (75%) and France-based Carrefour (25%), now runs 13 outlets in the region. MAF Hypermarkets plans to open five more hypermarkets by the end of 2005 and a further four by the end of 2006. Carrefour stores in the region served around 35 million customers in 2004.

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code