Carrefour SA

Carrefour SA
Originally wholly owned by French hypermarket leaders Carrerfour, Carrefoursa is a joint venture of Sabancı Holding and Carrefour, the top retailer in Europe and the second largest in the world with over 10,000 stores in 33 countries. Sabancı Holding signed a Share Purchase Agreement with Carrefour in April 2013 to acquire an additional 12% stake in Carrefoursa. Following the closing of the deal in July 2013, Sabancı Holding’s shareholding in Carrefoursa reached 50.79% and Sabancı Holding took over the management of Carrefoursa. Sabancı Holding raised its stake in Carrefoursa from 50.79% to 50.93% after a mandatory tender call in October 2013.

Carrefour SA is a supermarket chain with stores in throughout Turkey. A wide selection of products are available in the store.
they are called CarrefourSA Expres or supermarkets and the Large are called hypermarkets (hipermarket).

They have got different discounts and promotions on different selected products every few weeks which are advertised on TV and internet. They offer a discount card called Carrefoursa Plus which can be obtained in the store and allows you to pay discounted (5%) prices on selected products and benefit from promotions.

CarrefourSA is somewhat of a success story in Western food retail practices taking hold in the Turkish market. The company has over 632 stores, a mixture of hyper and supermarkets, serving customers in 58 of Turkey’s provinces.
After stepping up investment across all operations, Carrefour SA saw its sales increase 20% to TL 3.1 billion ($1 billion) in 2014.
While other Western chains, have experienced complications and frustrations resulting in closed stores due to the fragmented nature of the Turkish market, CarrefourSA’s prosperity is an inspirational tale for foreign supermarket operators.

In 2016, Carrefoursa enhanced its core business of fresh food retailing around the concept of “freshness.” The Company placed a special emphasis on providing fresh, top quality food products to customers at accessible prices with the slogans “Fresh is Either on the Branch or at Carrefoursa,” “Fresh is Either in the Field or at Carrefoursa” and “Fresh is Either at Sea or at Carrefoursa.”

Carrefoursa aims to take advantage of projects that promise growth and value creation potential, focus on efficiency and sustainability activities, to be the address of enjoyable, reliable and value-driven neighborhood shopping for customers.