Chine continentale Carrefour aura quinze magasins la fin 1998

Article Abstract:

Despite the Asian economic crisis, Chinese retail trade is expected to continue to show sustained growth in the years to come. According to Datamonitor, it should rise 10% by the year 2002. Retail sales trade is expected to come to about FFr 800bn by the year 2002, compared with FFr 530bn in 1997, up 9.5% from 1996. Supermarkets are expected to benefit from this growth. They are expected to represent about 25% of the sales value for retail trade in 2002 compared with 5% at present. Ahold already has 40 Tops units at Shanghai, and other foreign groups such as Tesco and its Thai partner Lotus, have ambitions in China. Carrefour, the French retail group, intends to shift into high gear. The French group expects to have a total of fifteen hypermarkets in China by the end of 1998, compared with eight at present. It will do this in alliance with Chinese partners; there appear to be a lot of candidates for a partnership with Carrefour.

Comment:

China: Chinese retail trade is expected to rise 10% by the year 2002 despite the economic crisis

China, Retail Trade, Article

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FRANCE: DROP IN FROZEN FOOD MARKET

Article Abstract:

The frozen vegetable and potato market decreased during the for the twelve months ending 9 August 1998, calculated monthly. Sales of frozen vegetables represented FFr 1.58bn, down 408%, and sales of frozen potatoes represented FFr 1.44bn down 5.6%. Potato sales represented 159,000 tonnes, and frozen vegetables represented 114,000 tonnes; together they declined 3.1%. Bonduelle is the leader on the frozen food market, with a 23.7% value market share, up 1.6%, and with a 17.5% volume market share, up 1.6% as of 30 August 1998, only in home service and supermarket channels. Findus holds a 7.6% value market share, down 1.4%, and a 3.9% volume market share, down 0.8%, D'Aucy holds a 6.2% value market share, up 3.6% and a 7.5% volume market share, up 4.5%. Private labels dominate the market. They hold a 50.4% value market share, down 3.3% and a 60.1% volume market share, down 4%.

Comment:

Findus holds a 7.6% value market share

Market share, Frozen Food Manufacturing, Frozen Foods, Findus, Bonduelle

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FRANCE: DRINK CANS ARE GAINING GROUND

Article Abstract:

Cans are gaining ground on the French drink market. Drink can consumption came to 2.5bn units in 1998, twice as many as in 1995. Cans are growing most rapidly on the beer and shandy sector with 958 units in 1998, up 14.7% from 1997, followed by canned colas, with 1.77bn units, up 4.4%, still tea in cans with 120mn units, up 2.6%, carbonated fruit drinks with 290mn units, up 0.7%. The cans already represent 20.9% of the volume of the cola segment, 20.5% of carbonated fruit drinks, 15.8% of still tea and 11.4% of beer and shandy.

Comment:

Cans gain ground on the French drink market.

Metal Can Manufacturing, Aluminum Cans

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