Ultime notizie per Carrefour (OTC:CRERF) Azioni

Carrefour is a multiformat retailer with operations in more than 40 countries, with tens of thousands of shops globally, over 1,000 drive-thru locations, and about 305,000 employees. Although hypermarkets still account for the bulk of sales in France, the company, founded in 1959, is expanding away from its initial large hypermarket style. Due to its emphasis on creating smaller stores, its exposure to the nonfood sector has decreased. Approximately 74% of sales are generated in Europe and the rest in Latin America.

Carrefour

Netflix, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) is reportedly experimenting with a collaborative initiative alongside French retailer&nbsp;Carrefour S.A.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/CRERF#OTC">CRERF</a>) in a trial program.&nbsp;
The objective is to attract a larger customer base to its most affordable subscription, mirroring a strategy employed by&nbsp;Amazon.Com&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) to enhance its streaming service clientele, Bloomberg reported, citing a joint&nbsp;<a target="_blank" href="https://about.netflix.com/fr/news/carrefour-et-netflix-lancent-le-programme-pilote-dabonnement-carrefour-plus" rel="noreferrer noopener">statement</a>.
In Bordeaux and Rouen, customers can avail of the regular ad-supported Netflix subscription at €5.99 ($6.52) monthly.&nbsp;
This bundled offer encompasses a 10% discount on Carrefour-branded supermarket items and complimentary shipping for orders exceeding €60, Bloomberg added.
Should the trial garner sufficient sign-ups, Carrefour plans to extend the offer nationwide in France, the report read.&nbsp;
Meanwhile, in India, Netflix India&#8217;s revenue rose 24% to ₹2,214 crore in FY23, driven by lower subscription prices and a wider title range. The company&#8217;s net profit soared 75% to Rs 35 crore, excluding content investments under Los Gatos.
Related: Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/01/36617249/netflixs-surging-ad-subscribers-ignite-optimism-analyst-bumps-up-price-target-by-26" rel="noreferrer noopener">Netflix&#8217;s Surging Ad Subscribers Ignite Optimism, Analyst Bumps Up Price Target By 26%</a>
Netflix, aiming to boost its lower-priced plan introduced in 2022 and reaching 15 million global customers by November, draws inspiration from Amazon Prime Video&#8217;s strategy, bundling it with the expedited Prime delivery service to attract a wider user base for its streaming service, Bloomberg added.
Price Action:&nbsp;NFLX shares are trading lower by 0.74% to $488.53 on the last check Tuesday.&nbsp;
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Read Next: <a href="https://www.benzinga.com/news/earnings/24/01/36572861/netflix-indias-profit-soared-in-fy23-but-it-faces-tough-competition-in-subscriber-race" target="_blank" rel="noreferrer noopener"> Netflix India&#8217;s Profit Soared In FY23, But It Faces Tough Competition in Subscriber Race</a>
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Netflix Following Amazon-Style Subscriber Tactics? Tests Streaming Deal With France's Carrefour To Boost Customer Base

French pharmaceutical giant&nbsp;Sanofi SA&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sny#NASDAQ">SNY</a>) is making an unconventional stride by sponsoring the 2024 Olympic Games in Paris in an effort to rejuvenate the company&#39;s image, attract a younger workforce, and showcase its&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/general/biotech/23/12/36129169/sanofi-lays-out-ambitious-plans-to-bolster-its-pipeline-highlights-12-blockbuster-opportunities" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">commitment to diversity and innovation</a>.
Joining hands with other prominent French entities like&nbsp;LVMH-Moet Hennessy Louis Vuitton SE&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/lvmuy#OTC">LVMUY</a>) (OTC: <a class="ticker" href="https://www.benzinga.com/stock/lvmhf#OTC">LVMHF</a>) and&nbsp;Carrefour SA&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/crerf#OTC">CRERF</a>) (OTC: <a class="ticker" href="https://www.benzinga.com/stock/crrfy#OTC">CRRFY</a>), Sanofi&#39;s sponsorship reflects its aspiration to engage young professionals, particularly those in data management and data science.
Sanofi&#39;s involvement extends beyond sponsorship, backing 14 individuals in Paris, including British Paralympic swimmer Ellie Challis.
Moreover, the company plans to showcase its commitment by having over 8,000 employees participating in various roles throughout the Games, investing substantially in financial backing and internal rewards programs.
While exact figures remain undisclosed, the Reuters report speculates Sanofi&#39;s investment to be a significant portion of the overall sponsorship fees, estimated between &euro;80 million-&euro;150 million.
Industry experts like Nick Blenkarne, head of strategy at branding agency Imagination, perceive Sanofi&#39;s move as an opportunity to reshape brand perception, attract business customers, and foster a positive organizational culture.&nbsp;
However, it remains uncertain whether this sponsorship will influence investor sentiments, especially amidst Sanofi&#39;s recent financial challenges and strategic&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/general/biotech/23/12/36086545/investor-demand-for-clarity-grows-amid-sanofis-strategic-r-d-shift" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">shifts in its business model</a>.
Price Action:&nbsp;SNY shares closed at $51.76 on Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Sanofi's Olympic Endeavor: Leap Into Olympic Sponsorship Signals Cultural Transformation

Financial Times
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/09/34552899/investor-frenzy-over-arms-ipo-pushes-valuation-to-new-heights-could-skyrocket-to-54b" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Investor Frenzy Over Arm&#39;s IPO Pushes Valuation To New Heights, Could Skyrocket To $54B</a>
<ul>
<li>The UK-based chip design firm&nbsp;Arm Holdings&nbsp;is gearing up for a blockbuster initial public offering that could value the company at a staggering $54 billion. The IPO is slated to be the most significant in the tech sector in two years.</li>
<li>Arm and its parent company,&nbsp;SoftBank&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/sftbf#OTC">SFTBF</a>), are in the final stages of pricing their shares for the IPO.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/09/34575134/goldman-axed-top-banking-executive-amid-communication-violation-scandal-report" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Goldman Axed Top Banking Executive Amid Communication Violation Scandal</a>
<ul>
<li>Goldman Sachs Group Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gs#NYSE">GS</a>) has reportedly dismissed multiple employees from its budding corporate cash management division due to severe violations of its communications guidelines.&nbsp;</li>
<li>Four workers were terminated, including the Bank&#39;s partner,&nbsp;Hari Moorthy, the global head of transaction banking.</li>
<li>Earlier, banking institutions have paid fines for unapproved messaging apps such as WhatsApp to conduct company business.</li>
</ul>
&nbsp;
CNBC
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/09/34567797/hiring-pullback-google-slashes-jobs-in-global-recruiting" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Hiring Pullback: Google Slashes Jobs in Global Recruiting</a>
<ul>
<li>Alphabet Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>)&nbsp;Google&nbsp;is undergoing a significant workforce reduction in its global recruiting department as part of a larger-scale hiring slowdown projected for the coming quarters.&nbsp;</li>
<li>Despite the difficulty of this decision, Brian Ong, Google&#39;s Vice President of Recruiting, emphasized its necessity in light of the reduced hiring needs for the foreseeable future.</li>
</ul>
&nbsp;
Benzinga
<a class="editor-rtfLink" href="https://www.benzinga.com/news/large-cap/23/09/34551446/starbucks-founder-former-ceo-to-leave-company-immediately-former-alibaba-exec-joins-board" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Starbucks Founder, Former CEO To Leave Company Immediately; Former Alibaba Exec Joins Board</a>
<ul>
<li>Starbucks Corp&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sbux#NASDAQ">SBUX</a>) announced on Wednesday that founder and former CEO&nbsp;Howard Schultz&nbsp;is leaving the coffee chain&#39;s board effective immediately.</li>
<li>The move follows his departure as CEO in March of this year.</li>
<li>Reflecting on his 41-year tenure, Schultz thanked the company&#39;s employees and shareholders, and gave his support for the next generation of Starbucks leadership.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/09/34580472/marvels-vfx-artists-vote-for-unionization-amid-industry-labor-struggles" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Marvel&#39;s VFX Artists Vote for Unionization Amid Industry Labor Struggles</a>
<ul>
<li>Amidst the backdrop of ongoing labor strikes in Hollywood,&nbsp;Marvel Studios&#39;&nbsp;visual effects (VFX) workers have voted unanimously in favor of unionization under the International Alliance of Theatrical Stage Employees (IATSE).&nbsp;</li>
<li>This marks the first time a dedicated unit of VFX professionals has joined forces with the group.</li>
<li>In recent years, VFX artists have grappled with mounting workloads and stringent deadlines while working on some of the industry&#39;s most high-budget franchise films. These challenges have given rise to tensions between VFX professionals and the studios.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/09/34568514/singapore-to-review-ride-hailing-regulations-grab-and-goto-on-the-radar" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Singapore To Review Ride-Hailing Regulations, Grab And GoTo On The Radar</a>
<ul>
<li>Singapore could subject ride-hailing companies like&nbsp;Grab Holdings Ltd&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grab#NASDAQ">GRAB</a>) to new rules after it hinted at a crackdown on the regulations and structure governing the fast-growing industry.</li>
<li>The Land Transport Authority looks to revise the framework for the taxi and ride-hailing industries, focusing on the availability of supply, resilience, and the inclusivity of services while overseeing the adoption of clean-energy vehicles.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/09/34577685/krogers-home-chef-battles-grubhub-over-sizzling-fork-and-knife-logo-controversy-who-wins" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Kroger&#39;s Home Chef Battles Grubhub Over Sizzling Fork-And-Knife Logo Controversy: Who Wins?</a>
<ul>
<li>Kroger Company&#39;s&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kr#NYSE">KR</a>) Home Chef division, flaunting a fork-and-knife logo, faces a spicy twist as a U.S. appeals court wasn&#39;t swayed by their claim that Grubhub&#39;s look-alike logo could confuse consumers. Grubhub is part of&nbsp;Just Eat Takeaway.Com N.V.&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/jtkwy#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">JTKWY</a>).</li>
<li>The legal tiff began as Home Chef and Grubhub used strikingly similar fork and knife logos.</li>
</ul>
&nbsp;
Reuters
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/09/34575526/shrinkflation-shame-french-supermarket-carrefour-targets-pepsico-unilever-and-others-by-issuing-pric" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">&#39;Shrinkflation&#39; Shame!: French Supermarket Carrefour Targets PepsiCo, Unilever and Others By Issuing Price Alerts</a>
<ul>
<li>Carrefour&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/crerf#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">CRERF</a>) (OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/crrfy#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">CRRFY</a>) has taken a proactive stance by issuing price alerts on several products as a strategic move to exert pressure on leading consumer goods suppliers such as&nbsp;Nestle SA&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/nsrgf#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">NSRGF</a>) (OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/nsrgy#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">NSRGY</a>),&nbsp;PepsiCo Inc&nbsp;(NYSE:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/pep#NYSE" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">PEP</a>), and&nbsp;Unilever Plc&nbsp;(NYSE:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/ul#NYSE" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">UL</a>) to combat inflation in anticipation of forthcoming contract negotiations.</li>
<li>Carrefour is affixing labels to products that have undergone downsizing while their prices have increased, even after a decline in raw material costs.&nbsp;</li>
<li>Carrefour has marked 26 products in its French stores with labels stating, &quot;This product has seen its volume or weight fall, and the effective price by the supplier rise.&quot;&nbsp;</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/large-cap/23/09/34573064/texas-billionaire-timothy-dunn-backed-us-oil-gas-player-explores-10b-sale" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Texas Billionaire Timothy Dunn Backed US Oil &amp; Gas Player Explores $10B Sale</a>
<ul>
<li>CrownRock&nbsp;is reportedly in the early stages of preparing for a potential sale, with insiders indicating that the company&#39;s valuation could surpass $10 billion, including its outstanding debt.&nbsp;</li>
<li>This prospective deal, slated for early 2024, could mark a significant milestone in the U.S. oil and gas industry, as it may be the largest transaction involving an oil and gas producer in the past three years.</li>
<li>Notable oil industry giants like&nbsp;Exxon Mobil Corp&nbsp;(NYSE:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/xom#NYSE" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">XOM</a>) and&nbsp;Chevron Corp&nbsp;(NYSE:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/cvx#NYSE" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">CVX</a>) are expected to be approached to gauge their interest in the potential acquisition of CrownRock.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/etfs/sector-etfs/23/09/34550410/airlines-caught-in-airfare-scandal-antitrust-lawsuit-shakes-delta-united" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Airlines Caught In Airfare Scandal: Antitrust Lawsuit Shakes Delta, United</a>
<ul>
<li>Delta Air Lines&nbsp;Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dal#NYSE">DAL</a>) and&nbsp;United Airlines&nbsp;Holdings Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ual#NASDAQ">UAL</a>) find themselves at the center of an antitrust class action lawsuit.</li>
<li>The accusations? Conspiring to inflate airfares across the U.S. by artfully reducing available seats on domestic flights.</li>
<li>U.S. District Judge&nbsp;Colleen Kollar-Kotelly&nbsp;dropped a legal bombshell on Tuesday, greenlighting the antitrust class action lawsuit.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/09/34577922/billionaire-ron-baron-holds-1b-stake-in-elon-musks-spacex-report" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Billionaire Ron Baron Holds $1B Stake In Elon Musk&#39;s SpaceX</a>
<ul>
<li>Ron Baron, the Billionaire investor and fund manager, reportedly holds more than $1 billion worth of shares in Elon Musk&#39;s rocket company, SpaceX.</li>
<li>Baron is a close associate of Musk and a long-time investor in the electric car company&nbsp;Tesla Inc&nbsp;(NASDAQ:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/tsla#NASDAQ" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">TSLA</a>).</li>
<li>He has also invested about $100 million to take X, formerly Twitter, private.</li>
</ul>
&nbsp;
Bloomberg
<a class="editor-rtfLink" href="https://www.benzinga.com/government/23/09/34577920/microsoft-faces-formal-eu-complaint-over-teams-app-despite-remediation-efforts" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Microsoft Faces Formal EU Complaint Over Teams App Despite Remediation Efforts</a>
<ul>
<li>Microsoft Corp&#39;s&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>) attempt to address EU concerns about its Teams video-conferencing app failed, with the European Union&#39;s antitrust enforcers now preparing a formal complaint against the tech giant.&nbsp;</li>
<li>Microsoft&#39;s proposal to separate Teams from its broader business software package and offer it to customers independently with an annual discount did not alleviate regulators&#39; worries.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/09/34575486/electronic-arts-star-wars-visionary-stig-asmussen-departs-whats-next-for-the-gaming-giant" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Electronic Arts&#39; Star Wars Visionary Stig Asmussen Departs - What&#39;s Next for the Gaming Giant?</a>
<ul>
<li>Video game director Stig Asmussen, known for his role in reviving&nbsp;Electronic Arts Inc&#39;s&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ea#NASDAQ">EA</a>) Star Wars game franchise, is bidding farewell to the company.&nbsp;</li>
<li>This news comes as a significant development in the gaming world. Electronic Arts confirmed Asmussen&#39;s departure.&nbsp;</li>
<li>An EA spokesperson noted that seasoned Respawn leaders would step up to continue their work on &quot;Star Wars Jedi: Survivor,&quot; ensuring a smooth transition.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/general/biotech/23/09/34436783/longeveron-nasdaq-lgvn-reports-100-5-year-survival-in-trial-for-rare-pediatric-disease-hlhs-compa" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">AI Frenzy: OpenAI Expands Global Presence with New Dublin Office</a>
<ul>
<li>Microsoft Corp&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>) backed&nbsp;OpenAI Inc.&nbsp;eyes a second base outside the U.S. office, this time in Dublin.</li>
<li>CEO Sam Altman praised Ireland&#39;s tech and startup ecosystem&#39;s &quot;impressive growth and advancement.&quot;&nbsp;</li>
<li>The ChatGPT parent previously announced its first outside the U.S. in June in London.</li>
</ul>
<a class="editor-rtfLink" href="https://www.benzinga.com/news/mid-cap/23/09/34552387/casino-giants-face-cybersecurity-crisis-caesars-entertainment-falls-prey-to-hackers-post-mgm-attack" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Casino Giants Face Cybersecurity Crisis: Caesars Entertainment Falls Prey To Hackers Post-MGM Attack</a>
<ul>
<li>In a recent cybersecurity breach,&nbsp;Caesars Entertainment Inc.&nbsp;CZR reportedly paid millions to cyber attackers to prevent the leak of company data.</li>
<li>The fallout of this incident has led to a substantial drop in the company&#39;s share prices.</li>
<li>Caesars Entertainment&nbsp;reportedly paid a hefty sum to a group of hackers called&nbsp;&quot;Scattered Spider&quot;&nbsp;or&nbsp;&quot;UNC 3944.&quot; The cyber attackers breached the company&#39;s systems via an external IT vendor&#39;s network.</li>
</ul>

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Arm's IPO Could Be Valued At $54B, Google Slashes Jobs in Global Recruiting, Starbucks Founder And Former CEO To Leave: Today's Top Stories

Carrefour&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/crerf#OTC">CRERF</a>) (OTC: <a class="ticker" href="https://www.benzinga.com/stock/crrfy#OTC">CRRFY</a>) has taken a proactive stance by issuing price alerts on several products as a strategic move to exert pressure on leading consumer goods suppliers such as&nbsp;Nestle SA&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/nsrgf#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">NSRGF</a>) (OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/nsrgy#OTC" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">NSRGY</a>),&nbsp;PepsiCo Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pep#NYSE">PEP</a>), and&nbsp;Unilever Plc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ul#NYSE">UL</a>) to combat inflation in anticipation of forthcoming contract negotiations.
Carrefour is affixing labels to products that have undergone downsizing while their prices have increased, even after a decline in raw material costs.&nbsp;
This action aims to garner consumer support as retailers brace themselves for negotiations with some of the world&#39;s largest brands, set to commence soon and conclude by October 15.
Carrefour has marked 26 products in its French stores with labels stating, &quot;This product has seen its volume or weight fall, and the effective price by the supplier rise.&quot;&nbsp;
Finance Minister&nbsp;Bruno Le Maire&nbsp;supports this stance and, in June, summoned 75 major retailers and consumer groups to his ministry, urging them to lower prices.&nbsp;
Following another round of meetings last month, Reuters noted, Le Maire stated that Unilever, Nestle, and PepsiCo were among the companies not adhering to the price reduction initiative.
Consumer groups argue that &quot;shrinkflation&quot; is widespread, with supermarkets like Carrefour engaging in it with their private label products.
The shrinkflation warnings are displayed in all Carrefour stores in France and will continue until the targeted suppliers agree to reduce their prices.&nbsp;
While the retailer may extend these warnings to other products, there are no plans to expand this initiative to other countries.
Le Maire announced last month that consumer goods companies and retailers had agreed to advance annual price negotiations to September, which typically take place next year. These negotiations will result in price reductions starting from January.

'Shrinkflation' Shame!: French Supermarket Carrefour Targets PepsiCo, Unilever and Others By Issuing Price Alerts

<ul>
<li>Realty Income Corp&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/o#NYSE">O</a>)&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/09/n23028784/realty-income-announces-expansion-into-continental-europe-strategic-sale-leaseback-transaction-in-" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">has closed on a &euro;93 million sale-leaseback</a>&nbsp;transaction in Spain.</li>
<li>The deal consists of seven properties under long-term net lease agreements with&nbsp;Carrefour&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/crerf#OTC">CRERF</a>) and its real estate subsidiary Carrefour Property.&nbsp;</li>
<li>This transaction represents Realty Income&#39;s debut real estate acquisition in Continental Europe. The deal closed on September 16, 2021.</li>
<li>Realty Income held $231.16 million in&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/08/n22284313/realty-income-announces-operating-results-for-the-three-and-six-months-ended-june-30-2021" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">cash and equivalents</a>&nbsp;as of June 30, 2021.</li>
<li>Price Action:&nbsp;O shares are trading higher by 0.15% at $67.71 on the last check Tuesday.</li>
</ul>

Realty Income Closes €93M Sale-Leaseback Transaction In Spain

<ul>
<li>Data connectivity platform&nbsp;Liveramp Holdings Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ramp#NYSE">RAMP</a>)&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/06/b21568666/liveramp-and-carrefour-partner-to-deliver-next-generation-retail-offerings" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">announced an expanded global partnership</a>&nbsp;with&nbsp;Carrefour SA&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/crerf#OTC">CRERF</a>).</li>
<li>The deal will enable robust data collaboration, analytics, and innovation capabilities through LiveRamp&rsquo;s Safe Haven.</li>
<li>Safe Haven, built on a foundation of data governance, enables businesses to collaborate in a secure and privacy-centric environment.</li>
<li>Through the agreement, Safe Haven will be made available in Spain, Italy, Belgium, Poland, Romania, Argentina, Brazil, and Taiwan and will be part of Carrefour&rsquo;s new business unit, Carrefour Links.</li>
<li>Safe Haven will provide Carrefour with insights into campaign performance, category management, and shopper analytics.</li>
<li>Price action:&nbsp;RAMP shares are trading higher by 2.66% at $43.42 on the last check Tuesday.</li>
</ul>

RAMP

Liveramp Partners With Carrefour

Before 10 a.m. ET on Wednesday, 58 companies hit new 52-week lows.
<h3>Key Facts:</h3>
<ul>
<li>The largest company in terms of market cap to set a new 52-week low was&nbsp;Liberty Global&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lbtyk#NASDAQ">LBTYK</a>).</li>
<li>The smallest company by market cap to set a new 52-week low was&nbsp;Global Technologies&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/gtll#OTC">GTLL</a>).</li>
<li>Newpark Resources&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nr#NYSE">NR</a>)&#39;s stock made the biggest reversal, trading up 1.88% shortly after dropping to a new 52-week low.</li>
</ul>
During the first half-hour of trading on Wednesday, the following stocks broke to new 52-week lows:
<ul>
<li>Liberty Global&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lbtyk#NASDAQ">LBTYK</a>)&nbsp;shares set a new 52-week low of $20.19 today morning. The stock traded down 0.97% over the session.</li>
<li>Liberty Global&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lbtya#NASDAQ">LBTYA</a>)&nbsp;shares fell to $19.44 on Wednesday morning, setting a new 52-week low. Shares then moved down 1.13%.</li>
<li>Renault&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/rnlsy#OTC">RNLSY</a>)&nbsp;stock hit $8.60 on Wednesday morning, setting a new 52-week low. The stock traded down 0.12% over the course of the day.</li>
<li>Carrefour&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/crerf#OTC">CRERF</a>)&nbsp;stock fell to a new 52-week low of $16.01 on Wednesday morning. Shares of the company traded down 1.66% on the day.</li>
<li>Spirit AeroSystems Hldgs&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spr#NYSE">SPR</a>)&nbsp;stock fell to a new 52-week low of $63.72 on Wednesday morning. Shares of the company traded down 1.14% on the day.</li>
<li>Cabot Oil &amp; Gas&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cog#NYSE">COG</a>)&nbsp;stock fell to a new 52-week low of $15.50 on Wednesday morning. Shares of the company traded up 1.0% on the day.</li>
<li>EQT&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eqt#NYSE">EQT</a>)&nbsp;stock fell to a new 52-week low of $7.67 on Wednesday morning. Shares of the company traded up 1.43% on the day.</li>
<li>K+S&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/kpluy#OTC">KPLUY</a>)&nbsp;stock fell to a new 52-week low of $5.32 on Wednesday morning. Shares of the company traded down 5.33% on the day.</li>
<li>Meredith&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mdp#NYSE">MDP</a>)&nbsp;stock set a new 52-week low of $30.02 on Wednesday morning, with shares later moving down 2.26%.</li>
<li>Frank&#39;s International&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fi#NYSE">FI</a>)&nbsp;shares moved up 1.88% on Wednesday&#39;s session after setting a new 52-week low of $3.94 to begin trading.</li>
<li>GasLog&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/glog#NYSE">GLOG</a>)&nbsp;shares set a new yearly low of $8.61 this morning. The stock was down 2.83% on the session.</li>
<li>Delphi Technologies&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dlph#NYSE">DLPH</a>)&nbsp;stock fell to a new 52-week low on Wednesday morning at $10.50, and later moved up 0.24% over the session.</li>
<li>Arch Coal&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/arch#NYSE">ARCH</a>)&nbsp;stock fell to a new 52-week low on Wednesday morning at $61.97, and later moved down 1.83% over the session.</li>
<li>Peabody Energy&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/btu#NYSE">BTU</a>)&nbsp;shares set a new yearly low of $7.86 this morning. The stock was down 2.59% on the session.</li>
<li>Wabash National&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wnc#NYSE">WNC</a>)&nbsp;stock set a new 52-week low of $12.49 on Wednesday morning, with shares later moving down 1.04%.</li>
<li>Golar LNG Partners&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gmlp#NASDAQ">GMLP</a>)&nbsp;shares fell to $8.27 on Wednesday morning, setting a new 52-week low. Shares then moved up 0.34%.</li>
<li>Newpark Resources&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nr#NYSE">NR</a>)&nbsp;stock hit a yearly low of $5.18 this morning. The stock was down 1.61% for the day.</li>
<li>Spectrum Pharmaceuticals&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sppi#NASDAQ">SPPI</a>)&nbsp;stock hit a new 52-week low of $3.04 to begin trading. The stock was up 0.66% on the session.</li>
<li>CONSOL Energy&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ceix#NYSE">CEIX</a>)&nbsp;stock fell to a new 52-week low on Wednesday morning at $10.19, and later moved down 1.35% over the session.</li>
<li>TMAC Resources&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/tmmff#OTC">TMMFF</a>)&nbsp;shares hit a yearly low of $2.09 today morning. The stock was down 3.07% on the session.</li>
<li>Panhandle Oil and Gas&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/phx#NYSE">PHX</a>)&nbsp;stock moved down 2.35% over Wednesday&#39;s trading session after setting a new 52-week low of $8.35 to open trading.</li>
<li>Evolution Petroleum&nbsp;(AMEX: EPM)&nbsp;stock hit a new 52-week low of $5.01 to begin trading. The stock was down 0.2% on the session.</li>
<li>SandRidge Energy&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sd#NYSE">SD</a>)&nbsp;shares began trading with a new 52-week low of $3.04 on Wednesday. The stock was down 3.19% for the day.</li>
<li>Ultralife&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ulbi#NASDAQ">ULBI</a>)&nbsp;shares hit a yearly low of $6.85 today morning. The stock was up 0.69% on the session.</li>
<li>ION Geophysical&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/io#NYSE">IO</a>)&nbsp;shares hit a yearly low of $5.95 today morning. The stock was down 3.63% on the session.</li>
<li>Youngevity International&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ygyi#NASDAQ">YGYI</a>)&nbsp;shares moved up 0.42% on Wednesday&#39;s session after setting a new 52-week low of $2.35 to begin trading.</li>
<li>AstroNova&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alot#NASDAQ">ALOT</a>)&nbsp;stock hit a new 52-week low of $12.51 to begin trading. The stock was down 2.49% on the session.</li>
<li>Coffeesmiths Collective&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/cofe#OTC">COFE</a>)&nbsp;shares began trading with a new 52-week low of $0.15 on Wednesday. The stock was 0.0% (flat) for the day.</li>
<li>Natural Health Trends&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nhtc#NASDAQ">NHTC</a>)&nbsp;shares set a new 52-week low of $5.05 today morning. The stock traded down 1.96% over the session.</li>
<li>MMJ Group Holdings&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/mmjjf#OTC">MMJJF</a>)&nbsp;stock fell to a new 52-week low on Wednesday morning at $0.10, and later moved down 13.64% over the session.</li>
<li>RTW Retailwinds&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rtw#NYSE">RTW</a>)&nbsp;shares set a new 52-week low of $0.52 today morning. The stock traded down 3.27% over the session.</li>
<li>IMAC Holdings&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/imac#NASDAQ">IMAC</a>)&nbsp;shares set a new 52-week low of $1.20 today morning. The stock traded down 1.65% over the session.</li>
<li>Todos Medical&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/tomdf#OTC">TOMDF</a>)&nbsp;shares hit a yearly low of $0.03 today morning. The stock was 0.0% (flat) on the session.</li>
<li>ICC Intl Cannabis&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/wldcf#OTC">WLDCF</a>)&nbsp;shares moved down 4.17% on Wednesday&#39;s session after setting a new 52-week low of $0.01 to begin trading.</li>
<li>Huitao Tech&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hht#NASDAQ">HHT</a>)&nbsp;shares moved down 14.4% on Wednesday&#39;s session after setting a new 52-week low of $1.20 to begin trading.</li>
<li>Clean Coal Technologies&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/cctc#OTC">CCTC</a>)&nbsp;stock hit $0.05 on Wednesday morning, setting a new 52-week low. The stock traded down 7.14% over the course of the day.</li>
<li>American Restaurant&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ictpu#OTC">ICTPU</a>)&nbsp;stock hit $1,165.00 on Wednesday morning, setting a new 52-week low. The stock traded down 0.85% over the course of the day.</li>
<li>Sunworks&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sunw#NASDAQ">SUNW</a>)&nbsp;stock hit a yearly low of $1.06 this morning. The stock was down 3.7% for the day.</li>
<li>European Cobalt&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/wmnnf#OTC">WMNNF</a>)&nbsp;shares fell to $0.01 on Wednesday morning, setting a new 52-week low. Shares then moved down 60.0%.</li>
<li>Real Good Food&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/rlgdf#OTC">RLGDF</a>)&nbsp;stock hit $0.06 on Wednesday morning, setting a new 52-week low. The stock traded 0.0% (flat) over the course of the day.</li>
<li>Global Hemp Group&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/gbhpf#OTC">GBHPF</a>)&nbsp;stock dropped to a yearly low on Wednesday morning of $0.02. Shares then traded down 10.11%.</li>
<li>Video Display&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/vide#OTC">VIDE</a>)&nbsp;stock hit a new 52-week low of $0.93 to begin trading. The stock was down 11.43% on the session.</li>
<li>Cabral Gold&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/cbgzf#OTC">CBGZF</a>)&nbsp;shares set a new 52-week low of $0.08 today morning. The stock traded 0.0% (flat) over the session.</li>
<li>Ethema Health&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/grst#OTC">GRST</a>)&nbsp;stock set a new 52-week low of $0.0007 on Wednesday morning, with shares later moving down 11.11%.</li>
<li>Naked Brand Group&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nakd#NASDAQ">NAKD</a>)&nbsp;stock moved down 3.45% over Wednesday&#39;s trading session after setting a new 52-week low of $1.11 to open trading.</li>
<li>Egpi Firecreek&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/efir#OTC">EFIR</a>)&nbsp;stock fell to a new 52-week low on Wednesday morning at $0.000001, and later moved down 99.0% over the session.</li>
<li>Mojave Jane Brands&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/hhphf#OTC">HHPHF</a>)&nbsp;stock hit a yearly low of $0.01 this morning. The stock was down 4.98% for the day.</li>
<li>Bio-Matrix Scientific&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/bmsn#OTC">BMSN</a>)&nbsp;shares fell to $0.000001 on Wednesday morning, setting a new 52-week low. Shares then moved down 99.0%.</li>
<li>Coroware&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/cowi#OTC">COWI</a>)&nbsp;shares fell to $0.000001 on Wednesday morning, setting a new 52-week low. Shares then moved down 99.0%.</li>
<li>Pasofino Gold&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/efrgf#OTC">EFRGF</a>)&nbsp;stock hit $0.05 on Wednesday morning, setting a new 52-week low. The stock traded 0.0% (flat) over the course of the day.</li>
<li>Trans-Pacific Aerospace&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/tpac#OTC">TPAC</a>)&nbsp;stock fell to a new 52-week low of $0.000001 on Wednesday morning. Shares of the company traded down 99.0% on the day.</li>
<li>Sipup&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/spup#OTC">SPUP</a>)&nbsp;stock moved down 6.98% over Wednesday&#39;s trading session after setting a new 52-week low of $0.10 to open trading.</li>
<li>CaliPharms&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/kget#OTC">KGET</a>)&nbsp;stock hit a yearly low of $0.000001 this morning. The stock was 0.0% (flat) for the day.</li>
<li>Metatron&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/mrnj#OTC">MRNJ</a>)&nbsp;stock fell to a new 52-week low of $0.000001 on Wednesday morning. Shares of the company traded 0.0% (flat) on the day.</li>
<li>XFit Brands&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/xftb#OTC">XFTB</a>)&nbsp;stock fell to a new 52-week low of $0.0041 on Wednesday morning. Shares of the company traded down 10.87% on the day.</li>
<li>Ubiquitech Software&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ubqu#OTC">UBQU</a>)&nbsp;shares began trading with a new 52-week low of $0.000001 on Wednesday. The stock was 0.0% (flat) for the day.</li>
<li>Profitable Developments&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/prdl#OTC">PRDL</a>)&nbsp;shares moved down 99.0% on Wednesday&#39;s session after setting a new 52-week low of $0.000001 to begin trading.</li>
<li>Global Technologies&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/gtll#OTC">GTLL</a>)&nbsp;shares hit a yearly low of $0.000001 today morning. The stock was 0.0% (flat) on the session.</li>
</ul>

Be sure to stay with Benzinga for updates on further action in these stocks!

Movers & Shakers

Intraday Update

Movers

Trading Ideas

ALOT

ARCH

BMSN

CBGZF

CCTC

CEIX

COFE

COWI

DLPH

EFIR

ENFORCER GOLD CORP ORD by Enforcer Gold Corp.

EFRGF

GBHPF

GLOG

GMLP

GRST

GTLL

HHPHF

ICTPU

IMAC

KGET

KPLUY

LBTYA

LBTYK

MMJJF

MRNJ

NAKD

NHTC

PRDL

RLGDF

RNLSY

SPPI

SPUP

SUNW

TMMFF

TOMDF

TPAC

UBQU

ULBI

VIDE

ICC INTL CANNABIS CORP by ICC Intl Cannabis Corp.

WLDCF

WMNNF

XFTB

YGYI

Stocks That Hit 52-Week Lows On Wednesday

Carrefour SA (OTC: <a class="ticker" href="/stock/crerf#OTC">CRERF</a>) posted a decline in its Q2 revenue.

Carrefour's quarterly sales dropped 0.3% y/y to 21.7 billion euros ($26.5 billion), on a pro-forma basis. However, analysts were expecting sales of EUR21.58 billion. 

Over the first six months of the year, Carrefour's revenue gained 0.9% on a pro-forma basis to EUR43.7 billion. 

Carrefour shares closed at $16.05 yesterday.

Carrefour Q2 Sales Down 0.3%

Carrefour SA (OTC: CRERF) reported a 0.9% rise in its first-quarter sales including value added tax and excluding fuel. 

Sales came in at 22.5 billion euros ($30 billion) for the group as a whole, down 0.1% on a comparable basis. Carrefour's sales in Europe excluding France dropped 2.7% excluding fuel and fell 3.8% on a comparable basis. Its sales climbed 8.6% in Latin America on a comparable basis. 

However sales in Asia declined 4.3% on a comparable basis.

Carrefour shares closed at $21.02 yesterday.

Carrefour Q1 Sales Rise 0.9%

Netflix teams up with retailer Carrefour for bundled service in parts of France

Carrefour SA (CRRFY) Q4 2023 Earnings Conference Call Transcript

Carrefour SA 2023 Q4 - Results - Earnings Call Presentation

Ahold Delhaize: A High Single Digit Free Cash Flow Yield From A Defensive Stock (Rating Upgrade)

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