France's E.Leclerc retailer warns of slower sales growth
date:Feb 12, 2014
E. Leclerc, France's second-largest retailer by market share, warned on Monday that a difficult economic climate would slow its sales growth and domestic market share gains this year.

The unlisted Leclerc is predicting sales growth of 3.5-4 percent this year, excluding fuel, That would be a slowdown from 4.9 percent growth to 33.9 billion Euro achieved in 2013.

Leclerc, a cooperative association of retailers which operates 642 stores in France, mostly hypermarkets, also said it aimed to lift i
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