Carrefour CEO José Luis Duran has confirmed that the world’s second largest retailer will trade its business in the Czech Republic with Tesco in exchange for the UK company’s stores in Taiwan.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The French retailer will hand over 11 hypermarkets in the Czech Republic along with three Slovakian hypermarkets. However, the Slovakian monopolies and mergers commission is reviewing this, as Tesco is already the leader in this market.


Speaking at the IGD Global Retail Conference last week, Duran confirmed that Carrefour’s agreement with Tesco was progressing, but failed to provide a timetable for its completion.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now