France's E.Leclerc retailer warns of slower sales growth
date:Feb 12, 2014
ts market share by 0.5 percentage-points this year after a 0.8 percentage points gain to 19.5 percent in 2013.

E. Leclerc expects a difficult year for consumption which will suffer from a quasi-stagnation of purchasing power following a year of decline, the company said in a statement.

The cautious forecast echoed comments made by unlisted French rival Systeme U last week.

Retailers across Europe have been struggling as shoppers' disposable income is squeezed by subdued wages growth and auste
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