FRANCE: Carrefour Looks To Acquire Rue du Commerce | Progresiv

Carrefour has announced that it has entered into exclusive talks with Altarea Cogedim for the acquisition of online retailer Rue du Commerce.

The latter attracts more than 5 million unique visitors per month and is a major player in the French non-food online market. A deal would help Carrefour to accelerate its domestic omni-channel strategy, while boosting position in non-food e-commerce by leveraging additional expertise.

Carrefour did not offer any details of the financials, and said the completion of the transaction is subject to consultations with Rue du Commerce’s employee representative bodies and regulatory approval.

Sursa: NamNews