Overview

• Intermarché will close 30 underperforming stores acquired from Casino in 2023, affecting 680 employees across France.
• The decision comes after attempts to achieve financial viability for these stores proved unsuccessful despite months of effort.
• Key factors cited for the closures include high operating costs, lack of prior investments, and customer migration to competitors.
• Two stores, located in Lyon and Boissy-Saint-Léger, have already ceased operations, with others to follow in various regions.
• Intermarché has pledged individual support for affected employees, including potential job opportunities within the group.