Overview
- About 294 French supermarkets, excluding Corsica, would switch to Intermarché or Netto banners by late 2026 under franchise agreements, subject to employee consultation and antitrust clearance.
- Auchan says the stores would be transferred into an autonomous company linked to the group, describing the move as cooperation rather than a sale.
- Assets and employees would remain with Auchan, which expects to retain roughly €3.3 billion in store revenue, while Intermarché provides merchandise, store concepts, and commercial policy.
- Management projects a gain of more than six points in price competitiveness for customers, as staff representatives flag potential changes to status and benefits after a transition period.
- The proposal builds on existing purchasing alliances such as Aura Retail and European groups Epic and Everest, and comes as Intermarché expands through Casino and Colruyt acquisitions.