
Carrefour has closed all its stores in Oman. Two months earlier the retailer withdrew also f from Jordan. Reason The French retailer has become the goal of a campaign to boycott groups, that has relations with Israel.
Carrefour withdrew from Oman
Carrefour has ended its operations in Oman on 7 January, in associated with that, that Majid Al Futtaim (a franchise partner of Carrefour in the Near East) is gradually replacing the silver Carrefour with the new brand Hypermax. This replacement
reflects changes introduced in Jordan in November previous year – reports retaildetail.eu.
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Carrefour is disposing of 39 stores. “Masked restructuring”
Carrefour has been present in region for a long time, when Majid Al Futtaim opened the first hypermarket Carrefour in Dubai in 1995 year. By 2020 year the group managed over 320 stores in sixteen countries. The French company has not given concrete reasons for drawal, a only thanked its customers for years of support on Facebook.
Carrefour and others boosted. Firms lose profits
Geopolitical tensions in region likely have had significant impact on this decision: Carrefour has become the purpose
of the BDS (Boycott, Divestiture and Sanctions), which is supporting the boycott of companies, which they believe
are affiliated with Israel.
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Two park trades have changed owner. This company from Israel
Other companies on the BDS list are Starbucks, Siemens, SodaStream, Expedia, Disney+ and McDonald’s. The movement claims that its campaigns have caused significant financial damages to firms, particularly in the Near East andinNorth Africa.McDonald’sacknowledged,thathisprospectsintheNearEasthavesuffered,whichhasevenledtothatthenetworkfastfoodhasnotrealizeditsquarterlyprognosis.