All France articles – Page 15
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News
PPR to sell Fnac book and electronics chain
Luxury group PPR plans to sell its Fnac book and electronics chain as well as La Redoute, according to the Journal du Dimanche.The retailer is forging ahead with plans to divest both retail divisions in order to focus on its core luxury goods business.
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Carrefour developing a ‘Courses Éco’ corner
Carrefour is developing a ‘Courses Éco’ corner dedicated to its entry price products in a handful of Paris and northern France stores.The initiative echoes Auchan’s own discount zone, with 400 SKUs across food, household and health and beauty. The assortment also includes around 20 products in bulk, alongside a broad ...
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Leclerc latest store to feature new logo
Leclerc is to open a hypermarket in Le Breuil next week that will feature a new logo. Leclerc will be written in lowercase and the logo will be on a white background instead of blue.The retailer’s new look won’t come into effect in other stores until November 1.
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Casino develops new store model for Naturalia
Casino is developing a new model for its organic products banner Naturalia. A new Paris store will feature enhanced signage with detailed explanations of displays for customers unfamiliar with organic food. The store will be traditional in appearance, with recycled wooden pallets and gravel-look flooring. The design will be applied ...
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Darty’s chief executive Thierry Falque-Pierrotin to depart
Electronics retailer Darty’s chief executive Thierry Falque-Pierrotin will leave the group by mutual agreement following completion of a group review. The search for a replacement has begun.A comprehensive review of the business, which Darty intends to complete by December, will cover all aspects of the business, including the rejuvenation and ...
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News
Carrefour reveals plans to pilot self-scanning
Carrefour has revealed plans to pilot self-scanning through shoppers’ smartphones at two or three hypermarkets.Other retailers trying out similar approaches include Metro in Germany, Auchan in France and Albert Heijn in the Netherlands.Following successful test implementations, Ahold’s US business has opted to roll out the technology nationwide.
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Game’s French operation goes into redressement judiciaire
Game’s French operation has gone into redressement judiciaire, a form of administration. The measure is protective, to allow the company up to six months in which to develop a turnaround plan following heavy losses by its UK parent.The retailer expects to close at least 15 of its 197 stores and ...
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AnalysisInternational analysis: Galeries Lafayette aiming for 60m site visitors
French department store group Galeries Lafayette has unveiled plans to make its online business GaleriesLafayette.com the retailer’s second largest ‘store’ after its Boulevard Haussmann flagship in Paris.
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AnalysisInternational analysis: Carrefour reveals plan of action after poor first half
French grocery giant Carrefour has posted disappointing results for the first half of the year, mostly because of difficult conditions in the austerity-hit countries of southern Europe.
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AnalysisInternational analysis: Franchise deals make sense as Carrefour refocuses
This week, French retailer Carrefour was authorised by the Greek Competition Commission to sell its joint venture stake to partner Marinopoulos.
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AnalysisInternational analysis: Casino’s gamble in Latin America pays dividends
France-based Casino’s strategic decision to invest in a handful of fast-growing markets has once again paid off.
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News
LVMH’s Selective Retailing division reports organic sales growth
Luxury group LVMH’s Selective Retailing division reported organic sales growth over the first half-year of 16% to E3.6bn (£2.81bn), while profit soared by 30% to E373m (£191.1m). The retailer said it benefited from sustained growth in Asia and North America.The group will open three concessions at Hong Kong airport by ...
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News
Fnac reports sales decrease
Fnac, PPR’s books, music and electronics business, reported sales were down 1.1% for the first six months of this year to E1.77bn (£1.38bn). Like-for-like sales fell 1% and the retailer recorded an operating loss of E7.5m (£5.8m) compared with an operating profit of E6.7m (£5.2m) for the same period last ...
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Carrefour to reintroduce entry-price products
Carrefour is reintroducing non-branded entry-price products in parallel with its Carrefour Discount range, it has been reported.Only a handful of SKUs are available at present – including ham and coffee – but more could be on the way. Most of them are packaged in a similar style to the distinctive ...
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AnalysisCarrefour must focus on most dynamic markets
Carrefour’s second-quarter results remained in line with the first quarter as the retailer posted turnover down by 0.4% to j21.71bn (£17.03bn), excluding petrol and at constant exchange rates.
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News
Grocery giant Leclerc posts first half-year sales
Grocery giant Leclerc reported first half-year sales in its domestic market up 8.3% to j15.21bn (£11.93bn), excluding fuel.Total sales for the first half increased by 8.1% to j20.47bn (£16.06bn), including fuel. Company president Michel-Édouard Leclerc said the results showed a consolidation of its “low-price positioning, which is not only a ...
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News
Micromania introduces new store-type
Games retailer Micromania, which is owned by GameStop, has introduced a new store-type centred on an area known as an ‘M Zone’. Customers can play one another, test games or seek assistance from staff. The first shop adopting the new approach is in Nice’s Cap 3000 shopping centre.Micromania president Pierre ...
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Ikea France to install pop-up VIP lounge
Ikea France is to install a pop-up VIP lounge at the Paris-Charles de Gaulle airport, open to all members of the public from July 13 to August 5, it has been reported.Billed as ‘Ikea Lounge: the first democratic airport lounge’, the 721 sq ft space at Terminal 3 will have ...
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Carrefour to experiment with discount zones
Carrefour is to experiment with discount zones in five of its French hypermarkets as part of changes implemented by new chief executive Georges Plassat.The discount areas will initially comprise just one or two aisles in each hypermarket. They will display nationally branded manufacturer products and will not be a showcase ...
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NewsMajestic Wine profits rocket 14.5%
Pre-tax profit at Majestic Wine rose 14.5% to £23.2m in the 53 weeks to April 2.