The Carrefour and Tesco Swap Deal


The Carrefour and Tesco Swap Deal
Case Code: BSTR285
Case Length: 14 Pages
Period: 1989-2005
Pub Date: 2008
Teaching Note: Not Available
Price: Rs.300
Organization: Carrefour, Tesco
Industry: Retail
Countries: Taiwan, Czech Republic, Slovakia
Themes: International Business, Globalization Business
The Carrefour and Tesco Swap Deal
Abstract Case Intro 1 Case Intro 2 Excerpts

Excerpts

Carrefour's Success and Tesco's Woes in Taiwan

During the late 1980s, Carrefour decided to enter Asia and considered several markets like Hong Kong, Malaysia, and Thailand for its Asian foray. Carrefour found Hong Kong and Singapore too small for its planned scale of operations. South Korea was not ideal then due to its lower per capita GNP compared to places like Singapore and Hong Kong....

Czech Republic & Slovakia: Carrefour Falters, Tesco Thrives

Carrefour entered the Czech Republic in 1998 through its subsidiary Carrefour Ceska Republika. Its first hypermarket was opened in a shopping mall in Plzeƈ . Carrefour offered 60,000 products, with a wide range of non-food items...

Tesco and Carrefour Announce Swap

On September 30, 2005, Tesco and Carrefour signed a sales and purchase agreement, under which Tesco agreed to acquire Carrefour's stores in the Czech Republic and Slovakia (11 stores in Czech Republic and 4 stores in Slovakia)...

After The Swap

According to analysts, the swap reflected the international expansion strategies of the two companies. Carrefour's strategy had been to spread to different countries, establish a presence before competitors arrived, and then build the business...

Exhibits

Exhibit I: Carrefour - International Expansion
Exhibit II: Tesco -International Expansion

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