French retailer E.Leclerc's president, Michel-Edouard Leclerc, has revealed that the chain recorded a growth in turnover of 2.7% in 2016, LSA-Conso.fr reported.
He shared the preliminary figures at a conference marking the 20th anniversary of E.Leclerc brand Marque Repère. The like-for-like rate of growth for food products alone was 3.4%.
Notably, for the first time in a number of years, its bricks-and-mortar hypermarkets contributed to Leclerc’s growth more than its click-and-collect channel. Michel-Edouard Leclerc described this as "an important development in the Amazon-Leclerc battle, and in the Leclerc-Leclerc.com battle."
He attributed the upswing to a revamp of the chain’s on-shelf food-product offering, while adding that the company wishes to increase its digital turnover by between 7% and 10% between now and 2020.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Peter Donnelly. To subscribe to ESM: The European Supermarket Magazine, click here.
