PL: Carrefour Express
Another new retail format under development is the Carrefour Express, a chain of stores ranging from 800 to 2,000 sq m and employing from 20 to 40. These are located in areas with a relatively small number of large retail outlets and a population of 10,000 to 15,000. The project involves building a positive image for Carrefour and converting its Champion and Globi supermarkets into the new Carrefour Express chain. About 35 Champion stores will be rebranded in the first phase of the project, scheduled to last until the end of 2007.
On 1st December 2006, Carrefour, through its wholly owned Polish subsidiary, Carrefour Polska entered into a Preliminary Share Purchase Agreement with Ahold Polska B.V. and Koninklijke Ahold N.V. to acquire 100 % of the share capital of Ahold Polska.
Ahold Polska operates 171 Albert supermarkets, 15 Hypernova hypermarkets and 4 petrol stations.
The acquisition by Carrefour of Ahold Polska aims at reinforcing its position in Poland to face the high competitive pressure of the leading international and national retailers.
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