PARIS -- Promodes, one of the leading French retail groups, has laid out its challenge for the future -- to keep pace with fast-growing competitors. Paul-Louis Halley, chairman, said at the recent annual meeting here that Promodes wants to keep pace with other retailing groups while simultaneously increasing its profitability. "The thinking used to be that you had to grow to your maximum size," Halley told shareholders. This is no longer a valid strategy, he said. "Now we are calling ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.