RBC Initiates European Food Retail Coverage, Favors Carrefour, Jerónimo Martins

By EC Assets · Published 7 July 2026

RBC has initiated coverage of European food retail companies, identifying Carrefour and Jerónimo Martins as favored stocks. This move highlights investor interest in the sector's leading players. Carrefour functions as Europe's largest distribution group and the world's second-largest. As of the end of 2025, its operations included 1,189 hypermarkets under the Carrefour and Atacadão names. The company also operates 4,107 supermarkets under the Carrefour Market brand. Additionally, Carrefour manages 9,563 local stores, including Carrefour Express and Carrefour City outlets. The company was recently the subject of a public health alert. Poland's General Sanitary Inspectorate (GIS) issued a warning regarding Listeria monocytogenes bacteria found in hard grated cheese sold within Carrefour's network. This article is intended for informational purposes only. It does not constitute investment advice.