date:Mar 12, 2014
ion is not shared by Michel-Edouard Leclerc who claims that ''We are coming out of a four year growth in prices. It is not because others are falling back that means we are in deflation. The consumer is not ready to pay more.''
Gant, coming in as the 2nd most expensive hypermarket, hammered its prices 8 points! Result: Casino France's turnover is in a 4.8% decrease in 2013- resulting in operating income nosediving 43% and representing 1.3% of sales.
Carrefour hesitates in the ''low price