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.

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