International investment and divestment of European grocery retailers in developing countries

Investissement et désinvestissement international de la grande distribution européenne dans les pays en développement

Faridah Djellal () and Camal Gallouj
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Camal Gallouj: CEPN - Centre d'Economie de l'Université Paris Nord - CNRS - Centre National de la Recherche Scientifique - Université Sorbonne Paris Nord

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Abstract: This article analyses the modalities and logics of investment and divestment of French mass distribution retailer Carrefour in Algeria, and seeks to draw lessons that can be generalised to emerging countries. The Carrefour case is fairly unusual, in that this retailer has experienced establishment, withdrawal and then re-establishment over a very short period of time. A detailed analysis of this process makes it possible to validate or invalidate the various reasons given in the literature as initial justification for the company's withdrawal.

Keywords: Investment; divestment; Algeria; emerging countries; FDI; large scale retailing; Investissement; désinvestissement; Algérie; pays émergents; grande distribution (search for similar items in EconPapers)
Date: 2021-06-23
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Published in European Review of Service Economics and Management, 2021, Revue Européenne d’Économie et Management des Services 2021 – 1, n° 11, 2021 – 1 (n° 11), pp.159-176. ⟨10.48611/isbn.978-2-406-12052-0.p.0159⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03407566

DOI: 10.48611/isbn.978-2-406-12052-0.p.0159

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