Gulf In Focus - GULF STATES/ ECONOMICS and FINANCE - Majid Al Futtaim to launch 'carrefour business'.

Majid Al Futtaim has announced its plans to launch 'Carrefour Business' later in this year, as a business-to-business offering for the hotels, restaurants and catering (Horeca) industry. Carrefour Business is a one-stop shop service that will provide customers with a wide variety of high-quality food and non-food solutions to cover their needs. The service will also cater to small groceries, wholesalers, airlines and other public and private institutions. Clients that have signed up for the service can choose from more than 4,000 products, ranging from fresh and dry food to personal care products, appliances and textiles separate to what is already sold in Carrefour's stores. They'll also have access to products that would otherwise be unavailable in the region through Carrefour France's Promocash wholesale range, and its partners in the Rungis Market located in Paris.

Large purchases are incentivised with volume discounts. Miguel Povedano, COO of Carrefour UAE and head of...