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Price wars hurt profits of French supermarkets

Article Abstract:

A battle over national market share is reducing the profits of France's supermarkets, as more stores are resorting to discount promotions and price cutting. Major supermarket chains such as Casino Guichard-Perrachon et Cie., Carrefour SA, and the privately held company E. Leclerc and Auchan are affected.

Author: Spencer, Mimosa
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Marketing procedures, France, Department Stores, Market share, FOOD AND KINDRED PRODUCTS, Food industry, Marketing, Auchan S.A., Carrefour S.A., Company marketing practices, Company market share, Food and beverage production/distribution software, Casino, Guichard-Perrachon et Cie.

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Tesco to expand land sales to fund growth; profit rises 22%

Article Abstract:

UK-based retailer Tesco PLC has announced plans to sell off some of its real estate portfolio to raise $9.95 bil for funding future growth. Tesco owns approximately 80% to 85% of the land on which its stores are located, and intends to keep 70% company owned.

Author: Rohwedder, Cecilie
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Strategy & planning, United Kingdom, Planning, Tesco PLC, Company business planning

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Subjects list: Finance, Supermarkets, Company financing
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