Cyprus-Forum.com

[supporttheunderdog]

According to Reuters, Carrefour is pulling out of the retail business in Greece and Cyprus. The Greek/Cyprus Business is reckoned to have lost Eu 40 million last year on sales of Euro 2.2 billion.

http://uk.reuters.com/article/2012/06/1 ... 7N20120615

The name will not however vanish as Carrefour, a Joint venture with the Greek retailing organisation, Marinopoulos, are selling out to their JV partner, who will continue to use the name on franchise basis.

[GreekIslandGirl]

Shame - my hubby usually buys from them at least one pair of tacky swimming shorts per year!

[humanist]

aawww No ... I love carrefour (thats the food and aparell chain isn't it?

[supporttheunderdog]

DO NOT PANIC - the Business will apparently continue both in Greece and Cyprus using the Carrefour name and with Carrefour products but on a Franchise basis, so GiG , hubby should still be able to buy his "tacky swimming shorts ".

We use it in particular as it is close to the office and to by their own brand Gluten Free/Casein Free bread for one of our daughters, which we hope will continue to come in. Many of their other own brand products are very good value acceptable alternatives to branded goods.

[Sotos]

We shop from carrefour because of the convenient location but I almost never buy any carrefour products.

[boomerang]

Carrefour may exit Turkey, exec says

http://www.hurriyetdailynews.com/carrefour-may-exit-turkey-exec-says.aspx?pageID=238&nID=23510&NewsCatID=345

[Vas105]

used to do a decent buffet - makes sense now, why they closed it down.

[GreekIslandGirl]

Doing a mental comparison between their stores in France and their stores in Cyprus, they are guilty of dumbing/slumming down their range in their Cyprus outlets. Not nearly as good (iffy at best) quality stuff in Cyprus or anywhere near the range of goods available.

[supporttheunderdog]

Doing a mental comparison between their stores in France and their stores in Cyprus, they are guilty of dumbing/slumming down their range in their Cyprus outlets. Not nearly as good (iffy at best) quality stuff in Cyprus or anywhere near the range of goods available.

Sadly the market is probably not big enough / attractive enough to attract Walmart (ASDA) or Tesco, Auchan, or other other major British/European supermarket chains bearing in mind the remoteness of Cyprus as an Island about 1000 knm from the nearest mainland european port, and the shipping issues, which can add a significant cost to importing - and issues in getting planning permissions to open new stores, while local chains may not have access to the investment funds needed to match what the major European chains do, in terms of premises, stock range, etc.

[GreekIslandGirl]

Doing a mental comparison between their stores in France and their stores in Cyprus, they are guilty of dumbing/slumming down their range in their Cyprus outlets. Not nearly as good (iffy at best) quality stuff in Cyprus or anywhere near the range of goods available.

Sadly the market is probably not big enough / attractive enough to attract Walmart (ASDA) or Tesco, Auchan, or other other major British/European supermarket chains bearing in mind the remoteness of Cyprus as an Island about 1000 knm from the nearest mainland european port, and the shipping issues, which can add a significant cost to importing - and issues in getting planning permissions to open new stores, while local chains may not have access to the investment funds needed to match what the major European chains do, in terms of premises, stock range, etc.

I'm not advocating for more supermarkets - but Carrefour had a chance and blew it because they supplied second rate stuff, even worse than what they sold in their French stores. Actually, some stuff from there has been worthwhile.

This is not the way to go. Simply patronizing the Cypriot customers and assuming they would buy any old rubbish that Carrefour cannot even get rid of in France!

As I said we only used them for the emergency buys, like - oh dear we're just on our way to Governor's Beach and have forgotten swimwear in Paphos - let's pop into Carrefour for replacements we can throw away afterwards!