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.

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.

Strategy & planning, United Kingdom, Planning, Tesco PLC, Company business planning

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