Carrefour
French supermarket group that owns no shops in Israel but licenses its name there to Global Retail C.I. Ltd, formerly Carrefour Israel and Yenot Bitan. Two shops inside Israeli settlements traded under Carrefour banners in March 2026 (a Carrefour Market in Neve Ya'akov in occupied East Jerusalem and a Carrefour City in Maccabim), and six more run by the same licensee trade in settlements under other names. Consumer boycotts have driven the Carrefour brand out of Jordan, Oman, Bahrain and Kuwait.
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Apply pressure where it matters. Use these tools and personalise your message with evidence from this page.
- Contact Corporate LeadershipCarrefour is French, not Israeli, so the templates address the group directly. Shoppers, shareholders, staff and suppliers in any country can use them
- Report New IntelligenceDated photographs of shopfronts and screenshots of store directories are the biggest gap in this profile. Send anything you can see in your own market
- Share This ProfileShare on social media to raise awareness
- View Strategic AnalysisWhy a named shop beats a general accusation
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Decision-Maker Directory
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Material Risk Framing
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The International Court of Justice found on 19 July 2024 that Israel's continued presence in the occupied Palestinian territory is unlawful, that settlements must be evacuated, and that states must not aid or assist the situation. The ICJ had earlier found, on 26 January 2024, a real and imminent risk to the right of Palestinians in Gaza to be protected from acts of genocide, and ordered Israel to prevent them. Carrefour is subject to France's duty of vigilance law of 27 March 2017, which requires large French companies to publish and apply a plan to prevent human rights harm across their business relationships, franchisees included. In July 2026 five organisations including the International Federation for Human Rights asked the Conseil d'Etat, France's highest administrative court, to order the government to stop French firms contributing to the occupation; Carrefour is not a party.
The brand has been withdrawn from four national markets after boycotts. Seven organisations, among them the Palestinian human rights group Al-Haq and the French trade union confederations CGT and Solidaires, published a report on 29 April 2026 setting out shops trading under Carrefour banners in settlements against the chief executive's statement of 28 May 2025 that no such shops exist. Campaigners protested outside the annual general meeting at Massy on 22 May 2026.
Group net profit fell from EUR 1.66 billion in 2023 to EUR 723 million in 2024 and EUR 319 million in 2025. Carrefour sold its Italian business in December 2025, agreed to sell its Romanian business, and abandoned a sale of its Argentinian business after rejecting the bids. Majid Al Futtaim, which holds the master franchise across the Middle East, reported a 47% fall in retail profit.
Carrefour licenses rather than owns, so it can say the shops are not its own. And the same structure means it cannot close one without the franchisee. The Israeli agreement runs twenty years from March 2022 with a seven-year extension added in February 2024. In the Gulf the franchisee acted alone, dropping the Carrefour name in Jordan, Oman, Bahrain and Kuwait and reopening the same shops as HyperMax.
Product Alternatives
Ethical replacements tagged by what matters to you: cost, quality, ethics, sustainability, or local sourcing. Make the switch today.
Supermarkets are local, so this list will not fit most readers
Carrefour trades in more than thirty countries and the chains that compete with it differ in every one, so the examples below are drawn from a single market and will not be available to most people reading this. The transferable point is simpler: switch to any other grocer you can reach, and say why at the till, in a review or in writing to the store. Where you shop is not a contract and needs no notice period. Check any chain's own current position before treating it as an alternative, since these change.
Supermarket Chains
Major supermarket alternatives to Carrefour with no documented Israeli settlement links
German discount supermarket chain with no documented Israeli settlement ties
German-owned, discount pricing, extensive own-brand range
German discount retailer with global presence
German-owned, competitive pricing, quality own-brand products
Major UK supermarket chain
British-owned, extensive range, Nectar loyalty programme
Ethical & Local Options
Supermarkets with strong ethical credentials and local sourcing
Member-owned co-operative with strong ethical trading policies
Democratic ownership, Fairtrade pioneer, community dividend
Employee-owned supermarket with focus on quality and ethics
John Lewis Partnership employee ownership, animal welfare focus
Local Markets & Grocers
Location-dependent
Independent shops and farmers markets in your area
Support local economy, reduce carbon footprint, community investment
Comparison Legend
Strategic Analysis
In-depth assessment of the company's position, vulnerabilities, and recommended approaches for effective engagement.
High severity, high vulnerability — campaigns with the best chance of making an impact
Severity
7.5/10
(7 + 8) ÷ 2 = 7.5
Strategic Vulnerability
8.5/10
(9 + 8) ÷ 2 = 8.5
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 is a French supermarket group that owns no shop in Israel. It licenses its name to an Israeli company, Global Retail C.I. Ltd, which pays for the right to use it. Two shops inside Israeli settlements now trade under Carrefour's own logo, and six more run by the same licensee trade there under other names. Shoppers have already driven the brand out of four countries, which makes this a campaign with a method that is known to work.
Key Leverage Points
- Shop elsewhere, and say why at the till or in writing. In most countries Carrefour only licenses its name, so the local operator absorbs every lost sale and passes the complaint upward. Between November 2024 and September 2025 the operator in Jordan, Oman, Bahrain and Kuwait gave up the Carrefour name and reopened the same shops as HyperMax.
- Ask one narrow question, not a general one. Write to Carrefour and ask whether the Carrefour Market in Neve Ya'akov and the Carrefour City in Maccabim carry its name under its franchise contract, and if so, on what date they will stop. A general accusation gets a general denial; two named shops do not.
- Shareholders can force an answer once a year. Carrefour held its annual meeting on 22 May 2026 at Massy, outside Paris. Anyone holding shares, including through a pension or investment fund, can send a written question in advance that the board must answer. If a fund holds Carrefour for you, ask it to put the question next spring.
- Carrefour's own unions are already on the record. Two French trade union bodies, the CGT and Solidaires, co-signed the April 2026 report documenting the settlement shops. Staff and union members in any country can ask their own federation to add its name, which turns this from a press problem into an industrial-relations one.
- Photograph shopfronts and send in the dates. The Neve Ya'akov store's sign changed from Carrefour Market to Shuk Mehadrin and back between November 2024 and March 2026. Dated photographs and screenshots of store directories are what pinned that down. Send anything you can see to the intelligence form.
Evidence Summary
Carrefour signed a franchise agreement in March 2022 with Electra Consumer Products and its supermarket subsidiary Yenot Bitan. It runs for twenty years and was extended by a further seven in February 2024. The Israeli operator now trades as Global Retail C.I. Ltd, roughly 48% owned by Electra Consumer Products. Around 150 of its shops had been converted to Carrefour banners by the end of 2025, and it opened its first four hypermarkets in Israel during 2025, at Afula, Netivot, Ofakim and Jerusalem. The Jerusalem store, opened on 11 September 2025, was billed as the 150th.
Eight of the operator's shops are in settlements, Israeli towns built on occupied Palestinian land. The International Court of Justice found on 19 July 2024 that Israel's presence in the occupied territory is unlawful and that the settlers must be evacuated. Two of the eight carry Carrefour's own name: a Carrefour Market in Neve Ya'akov in occupied East Jerusalem since November 2024, and a Carrefour City in Maccabim, near Modi'in, since January 2025. Both were still trading in March 2026. The other six trade as Yenot Bitan, Mega Ba'ir or Shuk Mehadrin in Ariel, Alfei Menashe, Modi'in Illit, Kokhav Ya'akov and Ma'ale Adumim. The same operator runs a grocery delivery depot in annexed East Jerusalem serving settlements across the area, while covering the Palestinian neighbourhoods between them only in part (sources).
Chief executive Alexandre Bompard told shareholders on 28 May 2025 that there have never been and never will be Carrefour shops in occupied territory, that the franchise contracts forbid it, and that claims to the contrary were false. The company has intervened before: its own-brand products were taken off the shelves of the Ariel store during 2024 after campaigning in France. Carrefour-branded goods were photographed on sale in the Maccabim Carrefour City in November 2025. The UN Special Rapporteur on the occupied Palestinian territory is an independent expert appointed by the UN Human Rights Council to investigate and report. A report of 30 June 2025 found that supermarket chains operate directly in settlements, giving one example in its footnote: Carrefour's own 2022 announcement of the Israeli franchise.
Group net profit fell from EUR 1.66 billion in 2023 to EUR 723 million in 2024 and EUR 319 million in 2025. Majid Al Futtaim, which runs Carrefour across the Gulf, reported a 47% fall in retail profit. It still operates more than 390 Carrefour shops in twelve markets and renewed its agreement in April 2025, so that route is far from exhausted.
Engagement Strategy
Three audiences, three different asks.
- Shoppers, anywhere Carrefour trades. Move your weekly shop and make the reason visible: at the till, in a store review, in a letter to the branch. Franchised markets are where this bites hardest, because the operator pays for the name and can give it up.
- Shareholders, pension funds and their managers. Ask what Carrefour holdings they have and require them to put the two named settlement shops to the board in writing before the next annual meeting.
- Staff, unions and works councils. Two French union bodies have already signed the evidence. Ask yours to do the same, and to raise the franchise at your own consultation forum.
Keep the demand specific throughout: end the Israeli franchise, or name the date the two shops stop using the Carrefour name.
Evidence & Sources
Verified sources including NGO reports, regulatory filings, and primary documents. Use these to substantiate your correspondence. Entries marked First-hand were reported directly to this site and are published without identifying the source.
Records a protest at the annual general meeting held at Massy on 22 May 2026, organised by BDS France with France Palestine Solidarité, ATTAC, the Union juive française pour la paix and Solidaires, demanding that Carrefour end its operations in occupied Palestinian territory.
Open sourceThe central document for this profile, and the fifth in a series running since November 2022. It records that as at March 2026 two of the ten stores previously identified in the occupied territory traded under Carrefour banners: a Carrefour Market in Neve Ya'akov in occupied East Jerusalem, converted in November 2024, and a Carrefour City in the Maccabim neighbourhood of Modi'in-Maccabim-Reut, converted in January 2025 and photographed in November 2025 with Carrefour signage inside and out and Carrefour-branded goods on the shelves. Six further stores of the same franchisee continue under the Yenot Bitan, Mega Ba'ir and Shuk Mehadrin banners in Ariel, Alfei Menashe, Modi'in Illit, Kokhav Ya'akov and Ma'ale Adumim; two others, in Beit El and Kokhav Ya'akov, are presumed closed. It identifies a Shuk Mehadrin online delivery depot in the Atarot industrial zone of annexed East Jerusalem serving settlements across East Jerusalem, the Modi'in Illit and Givat Ze'ev blocs and Ma'ale Adumim, while covering neighbouring Palestinian districts only in part. It records around 150 franchised stores converted to Carrefour banners by the end of 2025, four new hypermarkets during 2025, and financing by Bank Hapoalim, Bank Leumi, Israel Discount Bank and Mizrahi Tefahot. It sets all of this against the chief executive's statement of 28 May 2025 that Carrefour has no stores in occupied territory.
Open sourceGroup net income, group share, of EUR 319 million for 2025, against EUR 723 million in 2024 and EUR 1.66 billion in 2023. The results follow the sale of the Italian business, completed on 1 December 2025, and precede an agreement to sell the Romanian business and the abandonment of the Argentinian sale process.
Open sourceWire coverage of the four Gulf and Levant withdrawals and the HyperMax rebranding, including a store employee's account that almost all customers had stopped coming before the change of name and that numbers recovered afterwards. Notes the competing explanation that the closures reflected a geographical refocusing driven by Carrefour's financial position.
Open sourceThe UN human rights office's update of 26 September 2025 lists 158 businesses from eleven countries, 68 of them added since the 2023 list. It includes Bank Hapoalim, Bank Leumi, Israel Discount Bank and Mizrahi Tefahot, the four Israeli banks identified as financing the Carrefour store conversions and hypermarket rollout, and Elco Ltd., the parent of Electra Consumer Products.
Open sourceReports the BDS movement's announcement of the two withdrawals on 23 September 2025, attributing them to financial losses and reputational damage, and notes that Majid Al Futtaim reported a 47% fall in retail profit amid declining consumer confidence in the affected markets.
Open sourceDates the Bahrain closure to 15 September 2025 and the Kuwait closure to 16 September 2025, records that Majid Al Futtaim renewed its franchise agreement with Carrefour in April 2025, that it holds exclusive rights across twelve markets with more than 390 Carrefour stores, and that HyperMax then covered 44 sites in Jordan and Oman with six more announced in Bahrain.
Open sourceThe UN Independent International Commission of Inquiry on the occupied Palestinian territory concludes that Israeli authorities and security forces have committed and are continuing to commit acts of genocide against Palestinians in Gaza.
Open sourceReports the opening of the Talpiot hypermarket in Jerusalem on 11 September 2025 with considerable publicity, in the presence of the rabbi of the Western Wall and hundreds of guests, and describes it as the chain's 150th store in Israel.
Open sourceRecords the launch of Carrefour's first four hypermarkets in Israel, at Afula, Netivot, Jerusalem and Ofakim, with floor areas of 3,000 to 4,000 square metres, and puts the investment in the first three at around 20 million shekels.
Open sourceCarrefour is not named in the text of this report. Paragraph 68 states that supermarket chains and e-commerce platforms 'operate directly in colonies, sustaining their economy, enabling expansion and participating in apartheid through discriminatory service delivery', and the footnote supporting that sentence cites, as its example, Carrefour's own March 2022 press release announcing the franchise partnership with Electra Consumer Products. The report is by an independent expert appointed by the UN Human Rights Council.
Open sourceIsraeli trade coverage of the Carrefour rollout, illustrated with a photograph of the opening of the Carrefour City in the Maccabim neighbourhood of Modi'in-Maccabim-Reut, which was inaugurated in early January 2025.
Open sourceReports the chief executive's answers at the annual general meeting of 28 May 2025, where he said there have never been and never will be Carrefour stores in occupied territory, that this is prohibited under the franchise contracts, and that claims to the contrary were false.
Open sourceRecords Electra Consumer Products as controlling shareholder at 49.49%, with the Bitan family and Israeli institutional investors holding the balance, and lists stores in the settlements of Ariel, Alfei Menashe, Ma'ale Adumim, Beit El, Modi'in Illit and Neve Ya'akov in occupied East Jerusalem, plus a branch in Maccabim beyond the 1949 armistice line. Classifies the company under settlement enterprise, services to the settlements, and services to the Israeli Ministry of Defence, recording the supply of food and beverages to COGAT, the Israeli military body that administers the occupied territory. Information stated as valid to 13 January 2025.
Open sourceFifteen Carrefour stores in Oman (thirteen hypermarkets and two supermarkets) ceased trading under the brand from 7 January 2025, two months after the Jordanian closures, and were rebranded HyperMax.
Open sourceCarrefour Jordan confirmed it would cease all operations in the kingdom from 4 November 2024. The franchise was held by the Emirati group Majid Al Futtaim, which said the stores would reopen under a new brand, HyperMax. Replaces an earlier citation to The New Arab, whose page no longer resolves.
Open sourceThe preceding brief in the same series. It records that Carrefour own-brand products, present in the Yenot Bitan store in the Ariel settlement from the summer of 2023, were withdrawn during 2024 at the management's request following campaigning in France, evidence that the group can and does intervene in what its Israeli franchisee sells, while the franchised stores in settlements continued to trade. It also sets out the implications of the ICJ advisory opinion of 19 July 2024 for commercial ties with the occupation.
Open sourceThe Court found Israel's continued presence in the occupied Palestinian territory unlawful, held that Israel must end it and evacuate settlers from existing settlements, and held that all states are under an obligation not to render aid or assistance in maintaining the situation and to abstain from economic or trade dealings with Israel concerning the occupied territory that would entrench its unlawful presence.
Open sourceRecords demonstrations at Carrefour stores across France over the reported provision of food parcels to Israeli soldiers and over stores in settlements, together with Carrefour's response: that it operates in Israel through a franchise model which excludes stores in occupied territory, and that it maintains political neutrality.
Open sourceThe campaign page, launched in December 2022 and maintained since. It asks shoppers to stop using Carrefour stores until the group ends its franchise agreement with Electra Consumer Products and Yenot Bitan, documents the food parcels given to Israeli soldiers in October 2023 and the Jerusalem store fundraiser, and lists the Jordan, Oman, Bahrain and Kuwait withdrawals as campaign outcomes.
Open sourceCarrefour's own announcement of the Israeli franchise, and the document the UN Special Rapporteur's report of 30 June 2025 cites as its example of a supermarket chain operating in the settlements. It sets out an exclusive franchise agreement covering the conversion of Yenot Bitan, Mega Ba'ir and Shuk Mehadrin stores to Carrefour banners.
Open sourceUpdates & Milestones
- Protest at the annual general meeting
BDS France and other organisations protest outside Carrefour's annual general meeting at Massy, demanding that the group end its operations in occupied Palestinian territory.
- Joint report published by seven organisations
AFPS, Al-Haq, the CGT and its commerce federation, the Ligue des droits de l'Homme, the Plateforme des ONG françaises pour la Palestine and Union syndicale Solidaires publish 'The dangerous liaisons of the Carrefour Group with Israeli colonisation', setting the branded settlement stores and the Atarot delivery depot against the chief executive's denial and calling on Carrefour to terminate the Israeli franchise.
- Two Carrefour-branded settlement stores still trading
A survey of Israeli store directories and site visits finds the Carrefour Market in Neve Ya'akov and the Carrefour City in Maccabim still operating, with six further stores of the same franchisee trading in Ariel, Alfei Menashe, Modi'in Illit, Kokhav Ya'akov and Ma'ale Adumim under other banners.
- Group net profit falls for a second year
Carrefour reports net income, group share, of EUR 319 million for 2025, against EUR 723 million in 2024 and EUR 1.66 billion in 2023, alongside the sale of its Italian business and a wider disposals programme.
- Group net profit falls 55%
Carrefour Group net profit falls from EUR 1.66 billion in 2023 to EUR 723 million in 2024 on the company's own financial disclosures. The share price fell 7.11% on the day the results were announced.
- First hypermarkets open; brand withdrawn from Bahrain and Kuwait
Carrefour opens a hypermarket in the Talpiot district of Jerusalem on 11 September 2025, billed as its 150th store in Israel, having opened its first four hypermarkets in Israel that year. Days later the brand is withdrawn from Bahrain on 15 September and Kuwait on 16 September, the stores reopening as HyperMax.
- Chief executive denies any stores in occupied territory
At the annual general meeting, Alexandre Bompard says there have never been and never will be Carrefour stores in an occupied territory, that this is prohibited in the franchise contracts, and describes reports to the contrary as false.
- Carrefour brand withdrawn from Oman
Fifteen Carrefour stores in Oman stop trading under the brand from 7 January 2025 and are rebranded HyperMax.
- Maccabim store rebranded Carrefour City
The franchised Mega Ba'ir store in the Maccabim neighbourhood of Modi'in-Maccabim-Reut, east of the 1949 armistice line, is inaugurated as a Carrefour City and presents itself as the Maccabim branch of the French supermarket chain.
- Carrefour brand withdrawn from Jordan
Carrefour Jordan ceases all operations from 4 November 2024 after a sustained boycott, reported to have cut sales by around 75%. A University of Jordan survey found 93% of Jordanians committed to boycotting companies seen as supporting Israel. The franchisee, the Emirati group Majid Al Futtaim, reopens the stores under its own new brand, HyperMax.
- Neve Ya'akov store rebranded Carrefour Market
The franchised Shuk Mehadrin store in the Neve Ya'akov settlement in occupied East Jerusalem is converted to a Carrefour Market and listed as a Carrefour outlet in Israeli store directories.
- Carrefour products pulled from the Ariel settlement store
Carrefour own-brand products, on sale in the Yenot Bitan store in the Ariel settlement since the summer of 2023, are withdrawn at the management's request following campaigning in France. The store itself continues to trade.
- Franchise extended by a further seven years
The term of the Israeli franchise agreement is extended by seven years, taking it beyond the original twenty-year term signed in March 2022.
- Global boycott campaign escalates
The BDS movement escalates its Boycott Carrefour campaign worldwide following the food parcel revelations.
- Food parcels for Israeli soldiers
Carrefour Israel gives personal food parcels to Israeli soldiers taking part in operations in Gaza, and a Jerusalem store announces a fundraiser for soldiers. Carrefour's head office later describes these as individual initiatives.
- Franchise agreement signed with Electra Consumer Products
Carrefour signs an exclusive franchise agreement with Electra Consumer Products and its supermarket subsidiary Yenot Bitan, running twenty years, to convert the Yenot Bitan, Mega Ba'ir and Shuk Mehadrin store chains to Carrefour banners. Yenot Bitan already operates stores in Israeli settlements in the occupied West Bank and East Jerusalem.