“There are signs of deconsumption» in stores, assured Tuesday on RMC/BFMTV the CEO of the fourth French food distributor Système U, Dominique Schelcher, according to whom the “purchasing power problem” stay “intact» for many consumers. “There are signs of deconsumption», Exposed Dominique Schelcher. “The inflationary crisis is behind us, but there remains a problem of purchasing power for many French people, who arbitrate and continue to arbitrate.»
In other words, many households are buying less certain categories of products, which they consider less of a priority, to continue to buy foodstuffs considered essential but whose prices have increased significantly since the end of the Covid-19 epidemic. In stores, this translates into fewer purchases of non-food items, for example garden furniture, explained Dominique Schelcher. “Textile is the same, we’re going to keep the outfit for one more season” And “beauty products are shunned“. “Beyond 3 euros, according to the panelists, products sell less.»
Latest example put forward by the boss of the fourth distributor behind E.Leclerc, Carrefour and Intermarché, “butchery which is in decline, we eat less meat” on a daily basis. However, the department in question did well during the long Ascension weekend, which “was extraordinary in the stores”, with “figures like in the heart of the month of August, as if we were in large vacation”. “At the same time as there is this tension, these arbitrations, the French also want to have fun» and many of them «had their barbecue this weekend», testified Dominique Schelcher.
