DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Retail

French Supermarket Group Auchan To Sell 21 Sites In France

By Dayeeta Das
Share this article
French Supermarket Group Auchan To Sell 21 Sites In France

French supermarket retailer Auchan has decided to sell 21 sites in France, as a result of the tough business conditions within the sector that have already impacted its rivals such as Carrefour and Casino.

Auchan said on Tuesday that its decision to close the sites was due to poor results in its main French business.

The company added there could be job losses if no suitable buyers could be found for the sites.

Last week, Casino reported weaker sales within its core French market.

News by Reuters, edited by ESM. Click subscribe to sign up to ESM: European Supermarket Magazine.

ADVERTISEMENT
Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.