Colruyt Group is cutting more than 700 jobs in France as a result of its departure from the country. The retailer found a buyer for most of its stores, but not for all of its activities.
2,000 jobs saved
Colruyt found buyers for 100 of its 105 stores in France: 81 supermarkets and 44 gas stations went to Groupement Mousquetaires (the group behind Intermarché and Netto), while other stores were taken over by E.Leclerc, Coopérative U, and Carrefour. This saved more than 2,000 jobs.
