how large retailers are adapting?

how large retailers are adapting?

Thanks to his communication strategy, Leclerc won a majority of the market shares. But the other major retail players are stepping up their efforts to stay competitive. The purchasing power of the French is largely influenced by inflation, which reached 5.2% year-on-year according to INSEE in May, according to INSEE. Prices are rising, especially in … Read more

first financial fines for dark shops

Paris City Hall wants to impose the first financial sanctions by early July on the “big players” in the delivery of quick groceries at home that do not respect city planning regulations. Paris City Hall says it wants to impose the first financial sanctions on early July “great actors“of the delivery of fast races at … Read more

Why food trucks never managed to conquer city centers

The ‘mobile canteens’, which appeared in France in early 2010, have faced several economic and political obstacles that have limited their establishment in cities. Eating a foreign specialty, a hot dog or a poke bowl straight from the kitchen of a truck, is it finally possible in the city centers? At the heart of a … Read more

Teslas involved in 273 accidents in the United States

Overall, Tesla models were the subject of nearly 70% of reports of the 392 accidents listed, for nearly all between July 2021 and mid-May 2022, the NHTSA said. Tesla vehicles equipped with self-driving software have been involved in 273 accidents in the United States, according to a report released Wednesday by the US Highway Traffic … Read more

EDF “will not pass the year”, if government keeps its tariff shield as it is, group CSE warns

It condemns the decision of the executive to force EDF to sell more electricity at low prices to its competitors. Heavily indebted EDF does notwon’t make it to the end of the yearIf the government maintains measures introduced as part of its tariff shield to stem the rise in household bills, according to EDF’s central … Read more

Air France completes capital increase

This is the second phase of measures taken to clean up the group’s finances, following an initial recapitalization in April 2021. Air France-KLM announced on Tuesday that it had completed its EUR 2.256 billion capital increase. † Read alsoAir France-KLM ready to grow in a rapidly changing market This is the second phase of the … Read more

TotalEnergies partners with Indian Adani to create a green hydrogen giant

Adani is India’s largest private energy and infrastructure conglomerate. TotalEnergies on Tuesday announced an agreement with Adani Enterprises Limited (AEL), India’s largest private energy and infrastructure conglomerate, tocreate a giant player in the production of green hydrogen† Read alsoIn the presence of shareholders, TotalEnergies must make commitments on its climate strategy †TotalEnergies has entered into … Read more

banned pizzas still for sale in Franprix stores

Despite the March 18 product recall, Fraich’Up pizzas were found in Franprix stores in Paris. Sales of Buitoni pizzas are still present on the shelves of some Franprix stores, according to information from RMC† The brand’s Fraich’Up range had made dozens of people seriously ill and killed two children. Read alsoBuitoni case: Investigation into Nestlé’s … Read more

Realtor Charles Schwab Pays $187 Million for Misleading Clients

The SEC accuses three of the company’s subsidiaries “for failing to disclose that they allocate customer money in ways that would be less profitable for their customers under most market conditions.” Online broker Charles Schwab agreed Monday to pay $187 million to settle a lawsuit from the U.S. Securities and Exchange Commission (SEC), which accused … Read more

The trio Niel-Pigasse-Zouari is taking another step towards fresh market

2MX Organic, the publicly traded company of the three businessmen, and InVivo Retail, the distribution business (Gamm Vert, Jardiland, etc.) of InVivo, announced the conclusion of “a definitive merger agreement” on Friday. The listed company of the trio Xavier Niel, Matthieu Pigasse and Moez-Alexandre Zouari, 2MX Organic, and the distribution activity (Gamm Vert, Jardiland, etc.) … Read more