Carrefour is in discussions to buy French regional retailer Coop Alsace.
The world’s second-largest retailer wants to keep the Coop Alsace name and maintain the “specific Alsatian nature” of the co-operative retailer’s product range.
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Coop Alsace has 144 stores in the region. According to local reports, the retailer, which also owns cafes, may hang on to some of the outlets.
The co-operative was reportedly close to bankruptcy in 2011 and undertook a restructuring of the business. In August, the retailer sold a clutch of stores to another French retailer E. Leclerc.
Coop Alsace’s stores currently include Casino own-label lines in its product range.
Carrefour would not comment further on the negotiations.
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