Carrefour implements franchise model to manage debt

Carrefour CEO Alexandre Bompard is implementing a strategic shift focused on the company’s hypermarket and suburban store formats. This transition involves a significant restructuring of the company’s capital, aimed at managing substantial unsecured debt estimated between 5 billion and 10.3 billion euros.

A key component of this strategy is the expansion of a franchise model. This approach is intended to make store operations more attractive to distributors by reducing their operational cost burdens.

The company is also navigating complexities regarding its previous acquisitions. Following a recommendation from the competition authority, Carrefour had to address the acquisition of 20 Carrefour stores. Additionally, there has been internal discussion regarding the status of 119 websites and their relationship to the company’s supply contracts.