Growth pick-up points France slowing down

Growth pick-up points France slowing down

As of 1 June France had 2,482 pick-up points at supermarkets. After a tireless expansion race the opening rate is finally slowing down: for the fifth month in a row there have been fewer new so-called ‘drives’ than the month before.

No expected acceleration (yet)

According to the database of LSA Expert, there were 54 new drives in May in France. That is 14 less than in April, when 68 new ones were opened. This continues the trend of the past months for the fifth time, because in March 78 drives opened up, in February 87 and in January 97.

 

This slowing down comes as no real surprise: France has more than enough drives with the current 2,482. Some big players, as Cora, Hyper U and Géant Casino, have already equipped 80 to 95% of their locations with one.

 

It is still remarkable though, because analysts had expected supermarkets to speed up the process, since French minister of Trade Sylvia Pinel had announced she was working on a plan to stop the growth of drives, by instating a permit for opening one. The minister has confirmed she is working towards a vote in parliament by the end of 2013, so the new legislation can come into effect in 2014.

Questions or comments? Please feel free to contact the editors


Hema will open stores in Middle-East

15/01/2018

Hema will head outside of Europe for the first time ever: it will open three stores in Dubai later this year. In the next five years, the Dutch chain aims to open a sizeable number of Middle-Eastern stores.

Metro Group is happy with first quarter

15/01/2018

German Metro Group is happy with its first quarter results. Turnover, after exchange rate fluctuations, has only grown 0.2 %, but there was a 0.8 % like-for-like turnover increase.

Carrefour buys stake in Showroomprivé

12/01/2018

Carrefour has obtained a 17 % minority stake in flash sale seller Showroomprivé with the intent of increasing its digital and non-food reach. Former shareholder Conforama did suffer a loss.

Europe wants to tax plastic bags

11/01/2018

After several member states had already implemented legislation to lower the use of plastic bags, the European Union is now considering an overall plastic bag tax.

Amazon builds new warehouse near Belgian and Dutch border

10/01/2018

American online retailer Amazon has unfolded plans for a new distribution center in the German city of Mönchengladbach. It will be located near the Dutch and Belgian border and most likely be used to service these markets.

Hans Anders appoints omnichannel director

08/01/2018

Optician chain Hans Anders appointed Bram Bruijns as its omnichannel director, a new position within the group. He will take charge of Hans Anders’ omnichannel activities across every market.

Back to top