France: First half sales increase at Auchan
Commenting on the results, Auchan president Vianney Mulliez, said, "During the first half of the year, we saw a difficult macroeconomic environment that weighed on household purchasing power, particularly in Western Europe. Our talented teams developed quality discount activities in all areas in which we operate to help meet the needs of all our customers by offering them the best products at a better price."
"The Group saw further organic growth in Eastern Europe and China, and parallel to this it began to integrate the Russian and Ukrainian Real hypermarkets." He added, "The measures taken in terms of pricing policy and improvements in the offering, sourcing, and cost control must enable us to withstand an overall environment that is not expected to show any real improvement."
Source: esmmagazine.com