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Retail

E.Leclerc Signs 'Enhanced' Agreement With FEEF

French retail market leader E.Leclerc has signed a new agreement with the Fédération des Entreprises et Entrepreneurs de France (FEEF), which will see the business enhance its commercial relations with SMEs.

As part of the agreement, E.Leclerc has committed to a number of specific business levers in its dealings with SMEs, including more flexibility on payment structures, a reduction in fines in the event of delayed or lost products, and greater data transparency.

'Significant Advances'

“I welcome the significant advances in this agreement with E.Leclerc, both to find operational solutions, to streamline and adapt the commercial relationship with SMEs," commented Dominique Amirault, president, FEEF.

Amirault added that the commitment by E.Leclerc to offer specific business criteria to SMEs will "generate shared growth" for both parties.

Elsewhere, Michel-Edouard Leclerc, E.Leclerc chief executive, described the agreement as a "historic turning point", saying, "I am delighted that the values ​​of entrepreneurship, social responsibility and local anchoring that we share can find their embodiment in this enhanced cooperation between our two organisations."

© 2020 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: The European Supermarket Magazine

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