Carrefour

French retail multinational with commercial ties to Israel through its franchise partnership with Electra Consumer Products and Yenot Bitan, which operates stores in illegal West Bank settlements. The company has faced massive boycott campaigns resulting in complete withdrawal from Jordan, Oman, Bahrain, and Kuwait.

HQ: France Website Updated: 8 Jan 2026

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Decision-Maker Directory

Key individuals with influence over corporate partnerships and procurement decisions. Direct your correspondence to the most relevant role.

Alexandre Bompard
Chairman & Chief Executive Officer
CEO since July 2017. Responsible for global strategy and franchise partnerships. Also President of France's FCD retail association.
Public contact: [email protected]
Matthieu Malige
Chief Financial Officer
Oversees financial operations and investor relations. Reports on regional market performance.
Public contact: [email protected]
Alain Rabec
Secretary General & General Counsel
Responsible for legal affairs including franchise agreements and compliance matters.
Public contact: Via Carrefour corporate website

Material Risk Framing

Frame your message around business risks. These talking points resonate with corporate stakeholders and institutional investors.

Reputational

Documented IDF food parcel support and settlement store operations have triggered sustained global boycott campaigns. 93% of Jordanians committed to boycott according to University of Jordan survey.

Financial

Net profits reportedly plunged 55% from EUR 1.66bn (2023) to EUR 723m (2024), according to company financial disclosures. Franchise partner Majid Al Futtaim reported 47% drop in retail profits per media reports. Complete exit from Jordan, Oman, Bahrain, and Kuwait markets.

Legal

Exposed under France's Loi de Vigilance (Duty of Vigilance Law) for supply chain human rights compliance. ICJ July 2024 advisory opinion creates additional legal exposure for commercial ties with illegal occupation.

Operational

Franchise model complicates control over Israeli partner activities. Rebranding to HyperMax in MENA region signals franchise relationship strain.

Product Alternatives

Ethical replacements tagged by what matters to you: cost, quality, ethics, sustainability, or local sourcing. Make the switch today.

Supermarket Chains

Major supermarket alternatives to Carrefour with no documented Israeli settlement links

Aldi

UK, Europe, US, Australia

German discount supermarket chain with no documented Israeli settlement ties

German-owned, discount pricing, extensive own-brand range

Direct Match Cheaper

Lidl

UK, Europe, US

German discount retailer with global presence

German-owned, competitive pricing, quality own-brand products

Direct Match Cheaper

Sainsbury's

UK

Major UK supermarket chain

British-owned, extensive range, Nectar loyalty programme

Direct Match Local Supplier

Tesco

UK, Ireland, Central Europe

UK's largest supermarket retailer

British-owned, Clubcard loyalty scheme, extensive store network

Direct Match Local Supplier

Ethical & Local Options

Supermarkets with strong ethical credentials and local sourcing

Co-op

UK

Member-owned co-operative with strong ethical trading policies

Democratic ownership, Fairtrade pioneer, community dividend

More Ethical Local Supplier Sustainable

Waitrose

UK

Employee-owned supermarket with focus on quality and ethics

John Lewis Partnership employee ownership, animal welfare focus

More Ethical Better Quality Sustainable

Local Markets & Grocers

Location-dependent

Independent shops and farmers markets in your area

Support local economy, reduce carbon footprint, community investment

Local Supplier More Ethical Palestine-Friendly

Comparison Legend

Direct MatchClear substitute for the same product/service
CheaperLower cost option
Better QualityProven superior performance/reliability
More EthicalAvoids human rights, labour, or environmental harm
SustainableStronger eco credentials (materials, energy, lifecycle)
Local SupplierSupports domestic/regional economy instead of Israel
Palestine-FriendlyExplicitly supportive or aligned with justice for Palestine

Strategic Analysis

In-depth assessment of the company's position, vulnerabilities, and recommended approaches for effective engagement.

CHALLENGING PRIORITY TARGET MONITORING TARGET Strategic Vulnerability → Severity → Severity: 7.5, Vulnerability: 9.0

High severity, high vulnerability — campaigns with the best chance of making an impact

Learn about our methodology — companies are categorised based on severity (harm potential) vs strategic vulnerability (campaign leverage).

Why do these scores change?

Unlike static boycott lists, our targeting model is dynamic. This company's position on the matrix is re-evaluated continually as we verify new contracts, divestments, or policy changes. Your reporting directly impacts this score.

Carrefour represents one of the most successful boycott campaign targets, with documented withdrawals from four MENA countries demonstrating exceptional vulnerability to consumer pressure. The French retail giant's franchise partnership with Electra Consumer Products and its subsidiary Yenot Bitan, which operates stores in illegal West Bank settlements, creates clear complicity that violates international law as determined by the ICJ.

Key Leverage Points

  • Proven Vulnerability: Complete exit from Jordan (Nov 2024), Oman (Jan 2025), Bahrain and Kuwait (Sept 2025) demonstrates boycott effectiveness
  • Financial Impact: Net profits reportedly plunged 55% (EUR 1.66bn to EUR 723m) between 2023-2024 per company disclosures; franchise partner Majid Al Futtaim reported 47% retail profit decline per media reports
  • Legal Exposure: France's Loi de Vigilance creates duty of care obligations; ICJ advisory opinion (July 2024) determines states and businesses must not maintain commercial relations reinforcing illegal occupation
  • Settlement Operations: Franchise partner operates stores in eight West Bank settlements including Ariel, Ma'ale Adumim, and Beit El - all illegal under international law

Campaign Success & Documented Impact

The Boycott Carrefour campaign has achieved remarkable success. In Jordan, a University of Jordan survey found 93% of citizens committed to boycotting pro-Israel companies, contributing to a 75% revenue decline that forced complete market exit. The franchise partner Majid Al Futtaim has been forced to rebrand all affected stores to "HyperMax" to salvage operations. This pattern of retreat demonstrates that sustained consumer pressure can force multinational corporations to bear the financial consequences of complicity with illegal occupation.

The BDS Movement documents that Carrefour Israel announced food parcels for IDF soldiers in October 2023, with a Jerusalem store posting fundraisers "for our brave soldiers." While Carrefour headquarters claims these were "individual initiatives," the franchise structure means the parent company profits from and enables these activities through its licensing agreement.

Engagement Strategy

Build on proven success by intensifying pressure in remaining markets. Focus messaging on the hypocrisy gap between Carrefour's claimed corporate responsibility values and documented settlement operations. Target European markets where Carrefour has direct operations rather than franchises. Engage French civil society groups leveraging the Loi de Vigilance legal framework. Emphasise that boycott participation is effective - the Jordan, Oman, Bahrain, and Kuwait exits prove consumer pressure works. Make switching to alternative supermarkets visible and social.

Evidence & Sources

Verified sources including NGO reports, regulatory filings, and primary documents. Use these to substantiate your correspondence.

News
2025-09-23
Carrefour Exits Bahrain and Kuwait Under Boycott Pressure

BDS confirms complete withdrawal from Bahrain (14 Sept) and Kuwait (16 Sept) following sustained boycott campaigns. Stores rebranded to HyperMax by Majid Al Futtaim.

Open source
News
2024-11-05
Carrefour Closes All Jordan Branches After Boycott Campaign

Massive BDS victory as Carrefour announces complete withdrawal from Jordan after 75% revenue decline. 93% of Jordanians committed to boycott per University of Jordan survey.

Open source
Report
2024-08-01
Who Profits: Carrefour Israel (Yenot Bitan) Company Profile

Documents eight settlement stores and franchise structure. Electra Consumer Products holds 49.49% of Carrefour Israel. Company listed on Tel Aviv Stock Exchange.

Open source
Report
2024-08-01
France-Palestine AFPS: Carrefour Settlement Complicity Analysis

Details Yenot Bitan stores in settlements and partnership structure. Notes ICJ advisory opinion implications for commercial ties with illegal occupation.

Open source
News
2024-02-18
Business & Human Rights Resource Centre: Carrefour Protests in France

Documents demonstrations at Carrefour stores over alleged provision of food to Israeli soldiers and operations in illegal settlements.

Open source
NGO
2022-03-01
BDS Movement: Boycott Carrefour Campaign Launch

BDS documents Carrefour's franchise partnership with Electra Consumer Products and Yenot Bitan, which operates stores in illegal West Bank settlements including Ariel, Alfei Menashe, Ma'ale Adumim, Beit El, and Modi'in Illit.

Open source

Updates & Milestones

  1. Net profits plunge 55%

    Carrefour Group net profits reportedly fell from EUR 1.66bn (2023) to EUR 723m (2024) per company financial disclosures. Stock dropped 7.11% on results announcement.

  2. Exit from Bahrain and Kuwait

    Complete withdrawal from Bahrain (14 Sept) and Kuwait (16 Sept). All stores rebranded to HyperMax

  3. Exit from Oman

    Carrefour halts operations in Oman following sustained BDS campaign pressure

  4. Complete exit from Jordan

    Carrefour closes all Jordan branches after 75% sales decline. Stores rebranded to HyperMax by franchise partner Majid Al Futtaim

  5. Global boycott campaign intensifies

    BDS Movement escalates Boycott Carrefour campaign globally following IDF support revelations

  6. IDF food parcels announced

    Carrefour Israel announces food parcel program for Israeli soldiers. Jerusalem store posts fundraiser 'for our brave soldiers'

  7. Franchise partnership announced

    Carrefour signs 20-year exclusive franchise agreement with Electra Consumer Products and Yenot Bitan to operate stores in Israel

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