According to La Lettre, it is indeed all of the CSEs (social and economic committee) of the different bodies of the group which were convened. This indicates that the possible announcement would concern different structures, which is in line with a major reorganization suggested during the announcement of the half-year results in July. The agenda would mention, according to La Lettre, “ an update on the company's situation and its projects “. The northern distributor confirmed to us the convening of the various CSEs November 5th.
After disappointing performances in 2023, the ELO holding company (Auchan, New Immo, Oney) published declining results for the first half of 2024 at the end of July. The net result stood at – 981 million euros compared to – 215 million euros. euros a year before. “ The strong strategic plan calls for a lot of radicalism and courage », Estimated Antoine Grolin, CEO of ELO. Guillaume Darrasse, general manager of Auchan Retail and president of Auchan Retail France, spoke, “ voluntarism and determination ».
A “more efficient” organization
Auchan has already announced an average reduction of 25% in sales space and a hypermarket park mainly made up in the future of stores below 10,000 m². “ We are aiming for a target size of 8,000 m²indicated Guillaume Darrasse. In total, there will be 300,000 m² less by 2027, including 50,000 m² from 2024. »
France
