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Fuel at "cost price": the full tank will only drop by "one to two euros", warns the large distribution

2023-09-27T08:40:59.186Z

Highlights: Government wants large retailers to charge the consumer for fuel at cost. Carrefour and Leclerc brands have committed to selling fuels "at cost price" every day. Casino, Cora and Intermarché will carry out two weekends a month, Système U and Auchan at least one weekend a month. "Doing the cost price at home is not going to be spectacular since we are already at low prices all year round," says Dominique Schelcher.


After the failure of selling at a loss, the government wants large retailers to charge the consumer for fuel at cost.


What will really be the impact of selling fuel at cost on the full fuel bill? In the wake of the government's announcements concerning "nearly 120,000 operations" until the end of the year, the large distribution has warned: the rating will not drop much. The sale of fuel "at cost price" decided with the government on Tuesday will represent "one to two euros per fill" of gasoline, said Wednesday its representatives.

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There will be a small impact but it will be light, "said on RTL the director general of Système U, Dominique Schelcher. The Carrefour and Leclerc brands have committed to selling fuels "at cost price" every day, Casino, Cora and Intermarché will carry out two weekends a month, Système U and Auchan at least one weekend a month. "Doing the cost price at home is not going to be spectacular since we are already at low prices all year round," according to Dominique Schelcher who believes that this represents a drop of "one or two cents per litre, it means one euro full".

" READ ALSO Fuels: refiners now in the sights of the State

For Michel-Édouard Leclerc, "it's a real effort"

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Our margin is 2 to 3% so it is 2 to 6 cents per liter", or "one or two euros per fill" of gasoline, said Michel-Edouard Leclerc, president of the strategic committee of the Leclerc distribution group, on France Info. The sale at "cost price" "is a choice made by our members, it is not the public authorities who imposed this choice on us, we proposed it to Elisabeth Borne," he said. Tuesday evening, at the end of the meeting between the government and representatives of the sector, the government was pleased to have "moved the lines". "It's a real effort," according to Michel-Édouard Leclerc, "fuel is 10 billion in turnover." "Some stores make 30% of their turnover with fuels," he said, estimating that "refiners must put their hands in their pockets", especially for networks of independent stations. There will be "every month a meeting point, including with the public authorities, we want the oil companies to participate," he said.

Dominique Schelcher also announced "an operation impacting purchasing power" in Système U stores from October 20 and 21. "We will make 10% (discount) on all the food in our stores, beauty products, drugstore, every 15 days," until early December, he announced. This operation does not include alcohol and requires to be "carrying the card of the store", he said.

Source: lefigaro

All news articles on 2023-09-27

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