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A French chain of stores laid off nearly 1,000 people in Poland

Francuska sieć sklepów zwolniła w Polsce blisko 1000 osób
  • Last year, the Carrefour chain in Poland closed 92 franchise stores, 6 supermarkets, 1 franchise supermarket and 43 Galeria Alkoholi stores.
  • The company continues the process of transferring selected stores to franchises.
  • The chain is making profits, but is reducing employment.

Last year, Carrefour Polska opened 48 (2022: 75) local stores under the Carrefour Express and Globi banners, 4 Carrefour Market supermarkets, 1 franchise supermarket and 2 hypermarkets.

At the same time, 92 (2022: 101) franchise stores, 6 supermarkets, 1 franchise supermarket, as well as 43 Galeria Alkoholi stores, which were unprofitable, were closed.

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Carrefour Polska franchises stores

Moreover, in 2023, 1 hypermarket was transferred to a franchised hypermarket and 13 Carrefour Market supermarkets were transferred to franchised supermarkets.

The company's financial report states that the company plans for 2024 to open 137 stores, including 120 local stores operating under a franchise agreement, and to develop an online distribution channel.

By the date of approval of the report, the chain had opened 1 local store and closed 21 unprofitable locations. In addition, it transferred one franchised hypermarket to a hypermarket and 2 supermarkets to franchised supermarkets.

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Carrefour Polska finances

The total assets and liabilities of the company as of December 31, 2023 amounted to PLN 4,737,678 thousand. zloty. The company closed 2023 with a net profit of PLN 104,837 thousand. zloty. The profit in the previous year was PLN 276,632 thousand. zloty.

Layoffs in the Carrefour chain

At the end of 2023, Carrefour employed 9,935 people in Poland (10,886 people in 2022), i.e. 951 people less.

Let us recall that according to the latest tests of the Carrefour Group, the carrying value of the Polish business is EUR 242 million. The chain has over 800 stores in our country.

In April this year Carrefour once again showed the shrinking store network in Poland. At the end of the first quarter of the year, there were 813 of them in Poland. Let us remind you that at the end of last year there were 841 of them. Therefore, another 28 branches have disappeared. These are mainly small convenience stores.

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