The Limited Times

Now you can see non-English news...

How Franprix adapts to popular areas

2023-03-19T17:51:02.358Z


The brand welcomes Leader Price products, from the same group, to limit prices. Franprix may well be a local brand with a strong presence in Paris, but not all of its customers have the purchasing power that allows them to withstand rising prices without batting an eyelid. This is now massive in supermarkets, at 14% over one year and “40% of our park is located in popular areas”, recalls Vincent Doumerc, boss of Franprix since October. For all of its customers and particular


Franprix may well be a local brand with a strong presence in Paris, but not all of its customers have the purchasing power that allows them to withstand rising prices without batting an eyelid.

This is now massive in supermarkets, at 14% over one year and

“40% of our park is located in popular areas”,

recalls Vincent Doumerc, boss of Franprix since October.

For all of its customers and particularly the less fortunate, the brand is working to make its offer more accessible.

For this, she is betting especially on the Leader Price brand,

“developed by and for Franprix”

more than thirty years ago, recalls the new boss.

Read alsoInflation: large retailers agree to trim their margins

The Casino group sold 545 Leader Price stores to the German Aldi in 2020. But it then made the choice to keep the brand stamped discount in its lap.

Leader Price is now the spearhead of the group's anti-inflation offer in Casino supermarkets and hypermarkets.

Some 400 of the distributor's stores offer corners…

This article is for subscribers only.

You have 74% left to discover.

Want to read more?

Unlock all items immediately.

Without engagement.

TEST FOR €0.99

Already subscribed?

Login

Source: lefigaro

All business articles on 2023-03-19

You may like

Business 2024-02-28T08:24:05.495Z
News/Politics 2024-02-28T05:54:35.622Z
News/Politics 2024-03-25T04:14:06.972Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.