The group is planning a cost savings plan of 4 billion euros by 2026, in line with what has been achieved in recent years.
This must in particular go through "reductions in the number of staff in the seats" of the group, the extent of which was not communicated on Tuesday morning.
According to union sources, an extraordinary meeting of the France group committee is scheduled for Thursday morning to present this new strategic plan.
The savings plan should help the group to squeeze its margins on certain sales, to offer prices as low as possible to its customers, in a context of high price sensitivity, according to Carrefour.
The group also intends to achieve 40% of its food sales with its own brand products in 2026, compared to 33% today.
Own brands are those that the distributor creates and operates: the Carrefour and Reflets de France brands, for example.
The group led since 2017 by the former boss of Fnac Alexandre Bompard, who presented his strategic plan for 2026 on Tuesday, also wants to launch its Brazilian discount brand Atacadao in France, with a first store in Ile-de-France at the fall 2023.
He also plans to continue "the development of Supeco", his low-cost brand, "especially in Spain" to target 200 stores by 2026, against 120 today.
Carrefour has also set targets for more responsible consumption, in particular by expanding the "number of partner producers to 50,000", i.e. 11,000 more than today, or by multiplying bulk sales by 5 "for reach 150 million euros".
In France, it plans to launch a "fresh local produce" brand under the "Potager City" brand.
© 2022 AFP