What is the situation of carrefour in the Egyptian market?

Answer 1

Carrefour has established a significant presence in the Egyptian market, operating multiple hypermarkets and supermarkets across the country. The brand, part of the Majid Al Futtaim Group, has benefited from Egypt's growing consumer base and urbanization trends. Despite facing challenges such as economic fluctuations and competition from local retailers, Carrefour continues to expand its footprint through new store openings and an enhanced focus on e-commerce to cater to changing consumer preferences. Overall, Carrefour remains a key player in Egypt's retail landscape.