This marks a new phase in the restructuring of the French mass retail sector as the Carrefour group has officially entered the Cora and Match stores, totaling 175 locations from the Louis Delhaize group. This move, which was announced a year ago and formalized in July 2023, is seen as a major and structuring operation by Carrefour CEO Alexandre Bompard. This acquisition is considered the most significant since the purchase of Promodes over twenty years ago, which included brands like Continent, Champion, and Shopi.
Despite the Competition Authority not yet ruling on the matter, Carrefour has been granted an exemption to start the integration process of the acquired stores, including the Provera purchasing center. This includes a total of 22,000 employees across the Cora hypermarkets and Match supermarkets in the east and north of France.
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Overall, the expansion of Carrefour into the Cora and Match stores represents a significant development in the French retail landscape, with implications for employees, customers, and the broader market.