Carrefour Company operates in the retail industry. The retail industry is one of the most competitive industries in the world with major multinationals claiming a stake in the industry. It is a multibillion dollar industry that specialized in the distribution of consumer goods and services. Being one of the fastest growing industries in the world, it has attracted many entrants although there are many barriers to the industry. In the recent past, technology changes and the global economic crisis have affected the operations of the industry. However, most retailers have shifted from cost containment to focus on growth with easing recession. From the Porter’s strategic analysis, the retail industry still remains one of the most attractive for the new entrants although it also comes out as one of the most challenging industries to operate in because of competition, threats of substitute, and power of suppliers and buyers. The industry serves a wide range of consumers with little industrial segmentation. There are critical factors that retailers should consider for success in the industry.