Spread the love

Following the takeovers of various supermarkets, prices could fall in many brands. Here are those that are affected.

700 stores already have have changed hands or will soon do so. Intermarché, Auchan and Carrefour will buy supermarkets from other brands, including Casino in particular. The stores of the Schiever group will also join forces. System U. While this may seem purely economical at first, consumers could actually buy it. notice a direct impact during their races. 

In a post published on LinkedIn, Emily Mayer, business insights director at Circana France, a company global market research company, highlights that these buybacks or rallies will lead to a notable change in prices. These should be repositioned according to the new owner. A process that could be à the customer's advantage, since the acquired brands opted for prices that were on average higher than their buyers. According to the specialist, these transfers will therefore result in “lower prices”. The other side of the coin for brands:  "a loss of turnover estimated by  Circana  -0.4% over one year for consumer products.

400 Casino stores are affected: they will be bought by Intermarch, Auchan and Carrefour. Casino opted on average for prices 20% more expensive than its competitors. 175 Cora and Match will also come under the ownershipé from Carrefour. These are the Center-East and South-East regions where buyouts are the most numerous. This is therefore good news for French consumers in these regions who will see prices drop in many surrounding supermarkets. 

These supermarket brands where you will soon be able to pay less

Investor groups will thus expand their sales network. They can afford it since their turnover has been increased. increasing in 2023. According to Circana still, with inflation  established   13% over the year, Carrefour saw its turnover increase by 10% (94.1 billion euros), as did Intermarch's reaching 39 billion euros and Auchan also progressed, but more slowly, with +4%, giving it a turnover of 32.3 billion euros.

These brands are also among the most economical supermarkets, according to a ranking established by Statista. based on a follow-up carried out by Le Parisien and data from UFC-Que Choisir in January 2024. The prize list places Intermarché in second position with an average basket of 77.78 euros. The brand which will buy Casino stores is two places ahead of Carrefour (average basket of 82.15 euros) and three places of Auchan (average basket of 82.24 euros). E.Leclerc comes first (average basket of 77.15 euros) and Super U third (average basket of 78.56 euros).

Teilor Stone

By Teilor Stone

Teilor Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining Thesaxon , Teilor Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my teilor@nizhtimes.com 1-800-268-7116