Business · Trade · 3 hrs ago

French retailers threaten to boycott talks over price negotiations

French retailers threaten to boycott talks over price negotiations

France’s retailers, including Carrefour and Leclerc, are threatening to boycott a meeting at Bercy to prepare for annual price talks with food producers.

The retailers’ federation says it will attend only if producers agree to more transparency on agricultural raw-material costs and different treatment for small and medium-sized firms.

The federation argues that smaller firms should not be treated like large global companies, and says it wants agreement on its demands before October 28.

The talks are due to begin on December 1, and retailers fear producers may seek unjustified price rises as inflation picks up.

The head of France’s agricultural cooperatives says farmers and producers are also under pressure from summer weather damage and higher energy costs, and urged retailers to sit down and negotiate.

He says even small price increases could help protect food production, factories, jobs and farmers’ markets, while the dispute could affect prices paid by consumers.

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What people are saying

Jean-Luc DuvalPresident of the Agricultural Cooperatives association
Je suis atterré de constater qu’une fois encore, le rapport de force semble être dans l’ADN de la grande distribution
via BFM
l’heure n’est pas à la fracture : elle est à la responsabilité. Et la responsabilité commence par s’asseoir autour de la table
via BFM
Federation of Commerce and DistributionRetailers’ trade association
tant que deux exigences fondamentales n'auront pas été reconnues et partagées par tous
via BFM
Une PME fragilisée ne peut être traitée comme un groupe industriel mondial affichant près de 50% de marge brute, une marge nette supérieure à 10%
via BFM