French supermarkets stand their ground against double assault

Article Abstract:

Figures from the Federation du Commerce et de la Distribution show that sales growth at French supermarkets rose by 2% during January 1996, against 1.8% for hypermarkets and discounters. Among the best performers were STOC with 1995 sales up 5% to 27 billion French francs, and ATAC sales up 8% to 52.2 billion French francs. Supermarkets have managed their impressive growth figures by focusing on food products and reducing prices.

Hypermarkets

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Spanish retailers profit at expense of suppliers

Article Abstract:

Two Spanish hypermarket groups, Alcampo and Pyrca, are attempting to restrict the power of their suppliers, but are meeting with strong opposition. Alcampo is asking its manufacturers to provide discounts, while Pyrca is penalising suppliers who are unwilling to offer special promotions and discounts. The moves are prompted by the increasing competition in the Spanish food market, where consumer spending is low.

Food industry, Marketing, Alcampo S.A., Pryca

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Pryca lifts sales 9% in October

Article Abstract:

Spanish supermarket company Pryca announces 9% earnings.

United States, Sales, profits & dividends

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Subjects list: Finance, Superstores, Supermarkets
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