Carrefour ADR

Dublin, March 11, 2025 (GLOBE NEWSWIRE) -- The "Egypt Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q1 2025 Update" report has been added to ResearchAndMarkets.com's offering. The gift card market in Egypt is expected to grow by 12.7% on annual basis to reach US$772.7 million in 2025. The gift card market in the country experienced robust growth during 2020-2024, achieving a CAGR of 14.4%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 11.2% during 2025-2029. By the end of 2029, the gift card sector is projected to expand from its 2024 value of USD 685.9 million to approximately USD 1.17 billion. With over 100+ KPIs at the country level, this report provides a comprehensive understanding of gift card market dynamics. It offers a comprehensive analysis of market dynamics in the gift card sector, segmented by digital and e-gift card sales, distribution channels, key occasions, demographic trends, and market share statistics of leading retailers. In addition, it provides a snapshot of consumer behaviour and retail spending dynamics. KPIs in both value and volume terms help in getting an in-depth understanding of end market dynamics. The Egyptian gift card market is undergoing rapid transformation, with digital adoption, corporate gifting, and strategic partnerships playing key roles in its expansion. The shift towards digital gift cards, driven by e-commerce growth and smartphone penetration, is expected to increase market accessibility and enhance consumer engagement. At the same time, collaborations between retailers and gift card providers are broadening distribution channels, making gift cards more widely available across both online and offline platforms. These developments indicate strong market momentum, positioning gift cards as a convenient and scalable financial tool for consumers and businesses. Over the next two to four years, regulatory changes and consumer protection measures will further shape the market, requiring businesses to align with new compliance standards. Addressing unredeemed gift card balances and enhancing usability will be critical for maintaining consumer trust and ensuring sustainable growth. Additionally, as corporate adoption of gift cards increases, product diversification and tailored solutions will become essential for businesses seeking to leverage this market opportunity. Companies focusing on innovation, compliance, and consumer engagement will be well-positioned to capitalize on Egypt's evolving gift card landscape.» Mehr auf globenewswire.com

The Middle East Loyalty Programs Market is set to grow by 16.3% in 2025, reaching $3.27 billion, with long-term forecasts predicting a market size of $5.49 billion by 2029. Digital transformation is accelerating the shift from traditional point-based systems to AI-driven personalization, subscription-based loyalty, and coalition models. Mobile-first platforms, blockchain innovations, and ESG-focused rewards are reshaping customer engagement strategies across retail, banking, travel, and telecom sectors. This report provides an in-depth analysis of consumer behavior, competitive landscapes, and emerging trends, making it an essential resource for industry leaders navigating the evolving loyalty ecosystem in the Middle East. The Middle East Loyalty Programs Market is set to grow by 16.3% in 2025, reaching $3.27 billion, with long-term forecasts predicting a market size of $5.49 billion by 2029. Digital transformation is accelerating the shift from traditional point-based systems to AI-driven personalization, subscription-based loyalty, and coalition models. Mobile-first platforms, blockchain innovations, and ESG-focused rewards are reshaping customer engagement strategies across retail, banking, travel, and telecom sectors. This report provides an in-depth analysis of consumer behavior, competitive landscapes, and emerging trends, making it an essential resource for industry leaders navigating the evolving loyalty ecosystem in the Middle East.» Mehr auf globenewswire.com

Carrefour shares fell sharply on Thursday after the French retailer sounded a note of caution on consumer demand and said it expects only "slight" growth in free cash flow and earnings before interest and tax in 2025.» Mehr auf reuters.com