{"id":73,"date":"2010-01-23T00:00:00","date_gmt":"2010-01-23T00:00:00","guid":{"rendered":"http:\/\/www.franchisemart.in\/franchise\/?p=73"},"modified":"2010-01-23T00:00:00","modified_gmt":"2010-01-23T00:00:00","slug":"carrefour-targets-india-franchise-development","status":"publish","type":"post","link":"https:\/\/www.franchisemart.in\/franchise\/carrefour-targets-india-franchise-development\/","title":{"rendered":"Carrefour targets India Franchise Development"},"content":{"rendered":"<p>Europe&#8217;s biggest retail chain &#8211; Carrefour has agreed with Kishore Biyani of Pantaloon Retail to set up franchisee stores in India. The Paris &#8211; based retailer, which is seeing revenues in its home country falling due to a tightening of spending by consumers, is expected to sign on the dotted line by March, said an executive familiar with the development. When the deal with India&#8217;s retail king Biyani is formally announced, Carrefour would be the third among the big names entering the $390-billion Indian retail market after the Beast of Bentonville, Wal-Mart, and UK&#8217;s Tesco.The Carrefour franchisee is likely to be a part of the Future Value Retail, a 100% unit of Pantaloon Retail, which owns hypermarket chains Big Bazaar and Food Bazaar. The Big Bazaar, which has 109 stores, contributes 65% of the Future Group\u2019s $2-billion total revenues. Food Bazaar, a supermarket chain has 152 stores. Carrefour has two entities in India &#8211; Carrefour WC &amp; C India and Carrefour India Master Franchise Company.<\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Fcarrefour-targets-india-franchise-development%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"excerpt":{"rendered":"<p>Europe&#8217;s biggest retail chain &#8211; Carrefour has agreed with Kishore Biyani of Pantaloon Retail to set up franchisee stores in India<\/p>\n<iframe src='http:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Fwww.franchisemart.in%2Ffranchise%2Fcarrefour-targets-india-franchise-development%2F&amp;layout=button_count&amp;show_faces=true&amp;width=280&amp;action=recommend&amp;colorscheme=light&amp;height=30' scrolling='no' frameborder='0' style='border:none; overflow:hidden; height:30px' allowTransparency='true'><\/iframe>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-73","post","type-post","status-publish","format-standard","hentry","category-franchise-news","entry"],"_links":{"self":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/73","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/comments?post=73"}],"version-history":[{"count":0,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/posts\/73\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/media?parent=73"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/categories?post=73"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchisemart.in\/franchise\/wp-json\/wp\/v2\/tags?post=73"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}