date:Mar 12, 2014
Difficult trade negotiations between distributors and industrials came to a legal close on the 28th January. None of the companies want to give too much distance in terms of price, despite the fact that household food expenditure dropped 0.5% in January (+0.1 over 12 months) according to Insee. ''We are in a price war which generates loss of value and deflation'' warned Serge Papin, CEO of Super U a month ago, ''there is a lack of responsibility from the distributors and leaders''. This opin