FRANCE: E.Leclerc FY sales climb
Domestic sales for the group grew 7.5%
French retailer E.Leclerc has recorded an increase in full-year sales thanks to lower pricing in its domestic market in the period.
In the 12 month period, sales, excluding petrol, climbed 7% to EUR34.9bn (US$46.57bn), the retailer reported today (17 January). Including fuel, sales were up 7.5%.
Domestic sales for the group grew 7.5% to EUR40.7bn with fuel and 7% to EUR32.3bn excluding. The increase was a result of an "aggressive policy" toward lower prices on fuel in the period, it said.
SG GALEC (E Leclerc) will continue to promote its stores as being less expensive compared to the key competitors in the hypermarkets channel: Low-prices are a key point for consumers during the econom...
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