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La financiarisation de la grande distribution. Restructuration de l’actionnariat et déclin économique du groupe Carrefour (1999-2013)

Author

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  • Marlène Benquet
  • Cédric Durand

Abstract

This article explores the contemporary transformations of the modern retailing sector through a study of the trajectory of Carrefour group during the first decade of the 21st century. We adopt a financialisation perspective. We show how a restructuring of stock ownership has fuelled a new profit strategy, which has negatively impacted the operations, the wage-labour nexus and the relations with stakeholders. The analysis is based on descriptive financial and operational statistics and semi-structured interviews of top managers, managers and workers of Carrefour.

Suggested Citation

  • Marlène Benquet & Cédric Durand, 2016. "La financiarisation de la grande distribution. Restructuration de l’actionnariat et déclin économique du groupe Carrefour (1999-2013)," Revue française de socio-Economie, La découverte, vol. 0(1), pages 37-59.
    • Handle: RePEc:cai:rfsdec:rfse_016_0037
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