Auchan’s French Hypermarkets Suffer An ‘Annus Horribilis’, Analyst Says
Auchan’s hypermarket division in France has suffered an 'annus horribilis', according to retail consultancy Olivier Dauvers, with the group's hypers segment posting a 3.1% decline in sales last year.
This is the fifth successive year that the group has seen a decline in sales in its French hypermarket division, the analyst claims.
It posted a 1.6% decline in sales in 2016, preceded by a 2.2% decline in 2015, a 1.2% decline in 2014, and a 2.5% decline in 2013.
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