On January 7, 2025, Majid Al Futtaim (2023 sales : US$9.4 billion, up 1.1%, after 12% in 2022) began replacing the Carrefour brand with the HyperMax brand in Oman. The new HyperMax store brand, owned by Carrefour’s operator in the MENA region, was revealed on November 5, 2024, when the Emirati holding company suspended 34 Carrefour stores in Jordan and transformed them into HyperMax. Majid Al Futtaim did not reveal to mind Retail the number of stores affected.
To remember: For MAF, retail...