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.
Following the acquisition of seven hypermarkets in the Madrid region which were previously owned by Eroski, E Leclerc Grupo is focusing its strategy on the opening of new outlets....
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...
- Premier Foods CEO expects UK supermarket rebound
- Unilever must "speed" response to consumer trends
- Briefing: The risks and rewards of e-tail in China
- Why US diet guidelines should consider environment
- Emerging markets online: India's food retail scene
- Post Holdings strikes deal to acquire MOM Brands
- Food industry news of week: Unilever, PepsiCo
- Tootsie Roll CEO Melvin Gordon dies at 95
- Chobani launches Tots infant range
- Monde Nissin "to acquire Menora"
- 10 Key Trends in Food, Health and Nutrition 2015
- The Sugar Backlash and its Effects on Global Consumer Markets
- The Future of Retailing in the UK to 2017
- Global Consumer Trend Framework: Understanding Attitudes and Behaviors that Influence Global Consumption Habits
- Meat Substitutes Market - Global Trends, Forecasts up to 2019