Quick Take — Auchan: redundancies reminiscent of Conad- Auchan confirmed

On the ‘social plan’ and the group’s losses read here. Today’s comment : ‘It was a bit written in advance,’ says a competing retailer about the weaknesses of the northern group: ‘A declining hypermarket model, a source of high costs and an important place for Russia, an extremely profitable market. For years, this balance allowed it to absorb business losses in France. But with the sale of its Russian operations underway, it has become urgent for the Mulliez family’s food chain to take over its French operations, lest it suffer the same fate as its competitor Casino. Auchan, which is present in 12 countries, continued to lose market share in France, falling from 11.3% to 9.1% (including the Casino shops acquired this year) in ten years, while E.Leclerc rose from 19.9% to 24.1%. On Conad- Auchan read here

Quick Take — Mix Markt conquers Italy without ‘Made in Italy’ with over 70 shops

It is for these people and for lovers of products from Romania, Moldova, Lithuania, Latvia, Poland, Ukraine, Georgia, Bulgaria, Belarus, Macedonia, Slovakia, the Czech Republic, former Yugoslavia and Albania that Mix Markt was born in 2008, a brand that now has more than 70 shops, spread throughout Italy, served by three logistics centres (Verona, Tivoli and Naples).

The Mix Markt brand in Italy is managed by Monolith Italia Nord Srl (Roverchiara-VR), a company specialised in the import and distribution of Eastern European food products.

Below: ethnic products offered by Conad