Carrefour is a leading hypermarket in the world. It has been ranked as the largest retailer in Europe and second in the world coming only after Wal-Mart in terms of distribution. The hypermarket has more than 11,000 stores all over the world. The French multinational is also ranked third in terms of profitability, coming after Wal-Mart and Tesco, with profits in excess of €1.233 billion in 2012. In 2012, it had revenues of more than €76.127 billion (Carrefour.com 2013). It operates in Europe, Argentina, Brazil, China, United Arabs Emirate, Qatar, Saudi Arabia, and parts of Africa and Asia. The company has more than 346,969 employees worldwide who serve billions of customers yearly (Carrefour.com 2013). The hypermarket mainly specializes in cash and carry goods, warehouses, forecourt store, discount store, superstore, and others.