Invited this Monday on BFM Business, Michel-Édouard Leclerc, the president of the E.Leclerc stores, asked the government to lift the 10% increase in the resale margin threshold imposed by the Egalim 1 law. This device, known as the name of SRP+10, requires distributors to keep this minimum margin on the sale of food products.
This amounts to forcing stores to sell a product at least 10% more expensive than the purchase price from the supplier.
“
We have to come back to this.
It would allow us to take advantage of our margins to reduce this inflation
,” declared Michel-Édouard Leclerc, who indicated that he wanted to avoid “
a wall of inflation facing the consumer
”.
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The SRP+10 system was introduced by the law for the balance of commercial relations in the agricultural sector (Egalim 1), promulgated in 2018, with the aim of strengthening the income of farmers.
The imposition of a 10% margin threshold was intended to stem the race for low prices in stores and stop the destruction of the value of foodstuffs.
This device, called for by the National Federation of Farmers' Unions (FNSEA), was supposed to benefit the income of farmers.
This measure has not kept its promises in this area, the Senate having presented a mixed assessment of the Egalim 1 law as early as 2019. The Confédération paysanne and the UFC-Que Choisir also denounce the SRP+10 which, according to them,
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Michel-Édouard Leclerc reacted to comments by Christiane Lambert, the president of the FNSEA, who considered that, in the current inflationary context, distributors "
could cut back on their margins
", after having "
gained a lot in 2020 with restaurants closed
" .