Local Stores, Online Benefitting From ‘Profound Changes’ To French Retail Sector
Local stores, discounters and e-commerce providers are among the businesses taking advantage of the ‘profound changes’ in the French retail sector brought on by the COVID-19 crisis, according to a new study by consultancy firm Alvarez & Marsal.
The group said that increased meal consumption at home is benefiting supermarkets and convenience stores, but having less of a positive effect on hypermarkets.
In addition, one third of shoppers have switched to e-commerce channels for products they used to buy in stores, the study found.
ESM
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