Carrefour exits Oman as Majid Al Futtaim shifts to Hypermax
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Carrefour exits Oman as Majid Al Futtaim shifts to Hypermax

Carrefour exits Oman as Majid Al Futtaim shifts to Hypermax

The exit from Oman follows Carrefour’s closure in Jordan on November, a move that was accompanied by the launch of a new retail brand Hypermax

Gareth van Zyl

French multinational retail giant Carrefour will no longer operate in Oman as of January 7, 2025, marking a major shift in the country’s retail landscape.

The announcement was made via Carrefour Oman’s official Instagram page on Tuesday.

“As of January 7, 2025, Carrefour will cease all its operations in Oman,” the statement read.

 

View this post on Instagram

 

A post shared by Carrefour Oman (@carrefour_oman)

Carrefour Oman is operated by UAE-based Majid Al Futtaim (MAF), which has held exclusive rights to the brand in the Middle East and North Africa since 1995. MAF introduced the first Carrefour hypermarket in the region at City Centre Deira in Dubai and, as of 2020, operated over 320 Carrefour outlets across 16 countries.

The exit from Oman follows Carrefour’s closure in Jordan on November 4, 2024, a move that was accompanied by the launch of a new retail brand, Hypermax, fully owned by MAF. Reports suggest that some Carrefour stores in Oman are already being rebranded under the Hypermax name.

READ MORE: UAE’s MAF replaces Carrefour in Jordan with new ‘Arab grocery chain’

Carrefour had a major presence in Oman, with stores in key locations such as City Centre Muscat, City Centre Qurm, and the Mall of Oman, as well as smaller outlets in Muscat Grand Mall and Oasis Mall.

 

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