Monday, May 21, 2018
Directory Directory Subscribe

Carrefour opens second store in Beirut


Please, enter data

Please, enter data, 19 May 2017

Carrefour, a French supermarket chain franchised by Majid Al Futtaim, is set to open in September a branch at City Mall, Dora. Located on the ground floor, the store will have a total space of 7,000 square meters (m2).

This is the second branch in the market.

Carrefour will fill the gap left by French supermarket chain Monop’, which currently operates out of City Mall, and The Sultan Center (TSC), which exited the mall some time ago. Monop’ is a Monoprix concept that is franchised by Michel Abchee, owner of Admic, which operates City Mall. The store was originally introduced as a pop-up store.

Carrefour entered the local market in 2013 when it began operations at City Centre Beirut, in Hazmieh.

Majid Al Futtaim was in recent talks to purchase local supermarket chain Le Charcutier Aoun and rebrand it as Carrefour, but talks have since stalled.

Carrefour is planning to open a major outlet at Waterfront City, Dbayeh, which is being developed by Majid Al Futtaim.

According to InfoPro Research, the average leasing price of a store at malls in Beirut range between $800 and $1,000 per m2 per year. Large sizes are generally offered at cheaper rates.
19 May

Login to Add Your Comment  (for subscribers) | Subscribe


Latest News

PM reviews implementation of some electricity projects
Egypt Today, 20 May 2018

Prime Minister Sherif Ismail met Sunday with his ministers of electricity and finance to review the implementation of a number of power projects.


Read full story
PM reviews implementation of some electricity projects
Qatar -Turkey trade increases by 46% in 2017: Ozer
Egypt Today, 20 May 2018

Turkish Ambassador to Doha, Fikret Ozer, said Monday that the trade volume between Qatar and Turkey increased by over 46 percent by the end of 2017, compared to ...

Read full story
Qatar -Turkey trade increases by 46% in 2017: Ozer
Middle East construction costs 'world's flattest'
TradeArabia News Service, 20 May 2018

The Middle East will see the flattest increase in the cost of construction globally this year, as the effect of recovering oil prices takes time to translate into ...

Read full story
Middle East construction costs 'world's flattest'
UAE approves new long-term visa for investors and professionals
Zawya, 20 May 2018

In line with UAE’s position as a primary destination for international investors and a global talents, the UAE Cabinet, chaired by His Highness Sheikh ...

Read full story
UAE approves new long-term visa for investors and professionals
Back to Home Page 1328 --- 0 <><><> 333.33333333333.....exvideo=0....eximage=0
P 0
BR 14

Entertainment KSA
3 - September 2018
2nd Annual Digital Forensics and Analysis Summit
10 - September 2018
The 2nd Annual Digital Transformation Summit
17 - September 2018
Global Road & Traffic Safety Forum - Abu Dhabi
24 - September 2018
3rd Annual RetrofitTech KSA
29 - October 2018
  View more  

Market Indecies
Saudi SE - 2.32%
Dubai FM - 4.53%
Abu Dhabi SE - 3.99%
Kuwait SE - 1.51%
Doha SM - 8.36%
Muscat SM - 6.18%
Casablanca SE Closed
Bahrain SE - 0.98%
Cairo SE Closed
Amman SE - 1.12%

Quick Links
  Brochures & Flyers  

Up-coming events
  Project Lebanon - 26 June - 29 June 2018  
  Energy Lebanon - 26 June - 29 June 2018  
IFP Group Events Calendar

Magazine sections
  Growth Markets  
  Regional Overview  
  Tips and Tricks  
  Home Finance  
  Our Meetings
  Legal Issues


IFP Corporate
• IFP Emirates
• IFP Lebanon
• IFP Qatar
• IFP Iraq
• REC Saudi Arabia
• IFP China
Energy Lebanon
Project Lebanon
Hospitality Qatar
HQ - Food Qatar
Iraq Agrofood Baghdad
Project Iraq Baghdad
Saudi Arabia
Riyadh Motor Show
IFP Group 2018 - © All rights reserved