Retail giant Carrefour winds down business in Kuwait, following its withdrawal from Bahrain
In a significant move for the retail industry in the Gulf region, Carrefour, the French retail giant, has announced its decision to close all its stores in Kuwait, effective September 16, 2025. This closure follows Carrefour's exit from Jordan, where its stores closed their doors in November 2024, and its departure from Bahrain.
The exact number of employees affected by Carrefour's closure in Kuwait remains unknown, but the impact on the retail market in Kuwait and the Gulf region is expected to be substantial. Carrefour has been a popular choice for residents in the UAE, with stores located across the country, including major malls.
The UAE's Majid Al Futtaim, which secured exclusive franchise rights for Carrefour, is likely to replace Carrefour with its recently opened brand, HyperMax, in the Middle East. Majid Al Futtaim has rolled out HyperMax as a replacement for Carrefour in the region since 1995, when Carrefour first arrived in the Middle East.
Carrefour, which operates more than 14,000 stores in over 40 countries, has not provided a reason for its closure in Kuwait. However, the company has expressed gratitude to its customers in Kuwait for their support over the past decades and apologized for any inconvenience caused by its closure.
Digital Journalist Meher Dhanjal, known for breaking news first and having a passion for finding stories that touch readers' hearts, brings you this exclusive report on Carrefour's departure from Kuwait and the Gulf region. As always, stay tuned for the latest developments in this evolving story.