-
Normandy rail strike: five lines disrupted this Friday and Saturday
Ticket inspectors walk out after a knife attack on a colleague, with four unions backing the action
-
French PM says diesel stockpile release will cut prices by up to 18 cents per litre
Sébastien Lecornu used televised speech to promise release of ten million barrels of diesel and address lycée protests
-
Temperatures to drop by 12C as first snowfall to hit Pyrenees and Alps
Storms to continue in the south
Supermarkets must reveal profits
SUPERMARKETS will have to reveal details of their margins on produce after MPs backed a proposal to make prices more transparent.
The law should boost people’s purchasing power as supermarket margins have outstripped pay rises, with some products having margins of 30-50%. The Observatoire des Prix et des Marges said shops had “very comfortable” gross margins with no reduction from the collapse in prices paid to producers. In addition, research from
Casino has found shoppers are turning against hypermarkets, preferring instead to go to hard discount and neighbourhood stores as well as “drive” outlets where they shop online for later pick-up.
