Carrefour Sees Market Share Decline In France
The latest figures from Kantar Worldpanel show that Carrefour hypermarkets lost 30 basis points market share during the four-week period ending 17 April, despite its supermarkets gaining 10 basis points.
High traffic in Lidl and Leclerc helped both retailers gain market share, by 30 basis points. Elsewhere, Géant Casino hypermarkets also gained 20 basis points, while Leader Price gained 10 basis points. Monoprix market share was stable and Franprix lost 10 basis points.
Kantar Worldpanel noted that these market share performances were achieved in a deteriorating food retail market as sales of FMCGs dropped by -1.3 per cent during the period, contrasting with the positive trend since the start of the year.
Carrefour in particular is attempting to regain ground in its home country, where full year organic sales rose by just over 1 per cent in 2015.
© 2016 European Supermarket Magazine – your source for the latest retail news. Article by John Golden. To subscribe to ESM: The European Supermarket Magazine, click here.