Carrefour Boss Hails Progress In E-Commerce Strategy
Carrefour's new alliances with tech giants Google and China's Tencent show the French retailer's e-commerce offensive is making big progress, chief executive Alexandre Bompard told shareholders on Friday.
Bompard, who took over as CEO in July 2017, said accelerating the company's digital commerce expansion was an "absolute" priority in the face of competition from Amazon and other online rivals.
"Six months ago we were isolated. All the retail alliances were taking place without us. Now we have deals with Tencent and Google," Bompard told the company's annual shareholders meeting.
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