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The puzzle of consolidation in mass distribution

2021-10-17T20:15:56.500Z


DECRYPTION - The state of the market makes mergers inevitable, according to most players. But the control structures of the brands complicate and delay their implementation.


Caramba, still missed!

The failure of Auchan's takeover bid for Carrefour, revealed last weekend, agitated protagonists and other food distribution players throughout the week.

And for good reason.

This is the third time in five years that a marriage has stumbled.

In 2016, Système U and Auchan were about to unite, but the northern distributor gave up at the foot of the altar.

In September 2018, talks for a marriage between Carrefour and Casino, initiated by Alain Minc, were halted, leaving the two camps bitter, in particular Carrefour, which dreamed of an acquisition.

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Mass distribution: the challenges of the post-Covid era

If so many combinations have been considered, it is because the sector is not easy.

Nearly a dozen players are competing in a market that is not growing.

Before the pandemic, purchases by the French fell in volume by 1.4% and increased in value by only 0.8%.

However, the players have continued to open convenience stores without closing hypermarkets.

The store park is

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Source: lefigaro

All business articles on 2021-10-17

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