{"id":574172,"date":"2020-09-01T03:45:50","date_gmt":"2020-09-01T03:45:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/01\/carrefour-egypt-to-open-nine-new-stores-this-year\/"},"modified":"2020-09-01T03:45:50","modified_gmt":"2020-09-01T03:45:50","slug":"carrefour-egypt-to-open-nine-new-stores-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/01\/carrefour-egypt-to-open-nine-new-stores-this-year\/","title":{"rendered":"Carrefour Egypt to open nine new stores this year"},"content":{"rendered":"

<\/a> INVESTMENT WATCH- <\/strong>Carrefour Egypt to open nine new locations at a cost of EGP <\/strong>200 mn this year:<\/strong> Majid Al Futtaim (MAF)-owned supermarket chain Carrefour Egypt is spending EGP 200 mn to open nine new stores in Cairo and Alexandria before the end of the year, the chain\u2019s Egypt country manager Jean Luc Graziato said at a press conference yesterday, Reuters<\/a> reports. The new branches will bring the company\u2019s total number in the country to 63. The plan comes despite the covid-19 pandemic reducing consumer footfall at the supermarket\u2019s physical locations, causing sales to fall 18-20%. Now, with the easing of the government\u2019s lockdown restrictions, Graziato said that the company is beginning to see a return to pre-covid conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Carrefour Egypt to open nine new locations at a cost of EGP 200 mn this year: Majid Al Futtaim (MAF)-owned supermarket chain Carrefour Egypt is spending EGP 200 mn to open nine new stores in Cairo and Alexandria before the end of the year, the chain\u2019s Egypt country manager Jean Luc Graziato said […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[8934,1332,72,1896,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-574172","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-carrefour","tag-carrefour-egypt","tag-enterpriseam","tag-majid-al-futtaim","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"740deb9f-9d11-4fe9-b01d-e6e952b3dd83","is_powered_by":true,"section_story_id":"000a6b27-901e-41be-895f-cf6ab6ee623f","story_type":"1","photo_url":"","photo_position":"above","related_issue":[574161],"teaser":"","voice_url":""},"yoast_head":"\nCarrefour Egypt to open nine new stores this year - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/01\/carrefour-egypt-to-open-nine-new-stores-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Carrefour Egypt to open nine new stores this year\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Carrefour Egypt to open nine new locations at a cost of EGP 200 mn this year: Majid Al Futtaim (MAF)-owned supermarket chain Carrefour Egypt is spending EGP 200 mn to open nine new stores in Cairo and Alexandria before the end of the year, the chain\u2019s Egypt country manager Jean Luc Graziato said […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/01\/carrefour-egypt-to-open-nine-new-stores-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-01T03:45:50+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/01\/carrefour-egypt-to-open-nine-new-stores-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/01\/carrefour-egypt-to-open-nine-new-stores-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Carrefour Egypt to open nine new stores this year\",\"datePublished\":\"2020-09-01T03:45:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/01\/carrefour-egypt-to-open-nine-new-stores-this-year\/\"},\"wordCount\":130,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Carrefour\",\"Carrefour Egypt\",\"EnterpriseAM\",\"Majid Al Futtaim\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/01\/carrefour-egypt-to-open-nine-new-stores-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/09\/01\/carrefour-egypt-to-open-nine-new-stores-this-year\/\",\"name\":\"Carrefour Egypt to open nine new stores this year - 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The company already has 47 branches in the country, and is expected to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561643,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/15\/carrefour-to-invest-egp-400-mn-opening-new-locations-this-year\/","url_meta":{"origin":574172,"position":1},"title":"Carrefour to invest EGP 400 mn opening new locations this year","author":"enterpriseam admin","date":"15 April 2021","format":false,"excerpt":"Carrefour Egypt is planning to invest EGP 400 mn to set up 20 new branches this year, backed by projections of a rapid recovery in consumer demand, Carrefour Egypt Director Jean-Luc Graziato tells Al Mal. Three of these branches will open in the coming weeks, he said. The expansion could\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/154.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":603382,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/21\/majid-al-futtaim-to-invest-egp-700-mn-to-open-20-new-carrefour-outlets-in-egypt\/","url_meta":{"origin":574172,"position":2},"title":"Majid Al Futtaim to invest EGP 700 mn to open 20 new Carrefour outlets in Egypt","author":"enterpriseam admin","date":"21 April 2019","format":false,"excerpt":"Majid Al-Futtaim Group (MAF) is planning to invest EGP 700 mn in Egypt this year to open 20 new Carrefour outlets, Carrefour Egypt Country Manager Jean Luc Montague told reporters on Thursday, according to the local press. Executive Regional Manager Herve Majidier had previously said MAF will invest USD 500\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573073,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/maf-opens-53rd-egypt-carrefour-store-in-alexandria\/","url_meta":{"origin":574172,"position":3},"title":"MAF opens 53rd Egypt Carrefour store in Alexandria","author":"enterpriseam admin","date":"19 July 2020","format":false,"excerpt":"Majid Al Futtaim has opened in Alexandria its 53rd Egyptian Carrefour branch, Masrawy reports. 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