In July, French people saved 16 billion euros, i.e. over 2.5 times the average amount of deposits collected each month for the past three years, according to the Bank of France. Introducing the recovery plan to prepare France for 2030 on Thursday, September 3rd, Prime
Hair salons’ turnover was even more affected than the hotel and restaurants sector in France. Customers have not yet returned to the hair salons, where a drop in traffic of up to 40% has been recorded. Worrying for the future of an entire profession, the
France moves up 4 places in the global innovation ranking, climbing to the 12th position, according to the GII international index. A significant improvement, according to the INSEAD business school. But France remains behind the United Kingdom (4th in the ranking) and Germany (9th). Thanks
According to the National Council of Shopping Centres (CNCC), the recovery is definitely underway in France’s shopping centres. Slowly but surely. Over the first seven months of 2020, the index calculated by the CNCC – based on the turnover generated – shows a performance amounting
The National Institute of Statistics and Economic Studies (INSEE) points out that upscale hotels have mostly suffered. They have lost 83% of their clients compared to last year. Hotel occupancy in France fell by 73% in June 2020 compared to June 2019, according to an
In the latest edition of its Payment Data/Impact Covid19 survey, CDLK gives an update on French people’s spending sector by sector as of August 21st. And the results are far from being equal. Despite repeated calls from the government to consume, French spending seems to
E-commerce and the increase in the average customer basket have made up for the drop in hypermarket traffic during the lockdown. Savings measures have continued. Auchan, the Northern France group, is back in the green. Edgard Bonte says he is “very satisfied”. Despite the lockdown,
The French retail giant Carrefour is doing a good deal since this purchase only cost 78 million euros and allows the company to become the second-largest retailer in the country. The French supermarket chain Carrefour is greatly strengthening its positioning in Spain. The group has
Since May 4th, disposable and washable masks sold in French hypermarkets, supermarkets, drive-throughs and convenience stores have brought in around 300 million euros, reports the Nielsen company. The masks are a real godsend for the French major retailers. Since May 4th, they have already sold
The President of the Republic, Emmanuel Macron, announced special support for the French press at a meeting with media representatives on Thursday, August 27th. It is a breath of fresh air for the sector. The press is struggling On the evening of Thursday, August 27th,