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Aldi to close 31 Leader Price stores in France

Aldi to close 31 Leader Price stores in France © Lionel Allorge, Wikipédia
© Lionel Allorge, Wikipédia

 

According to the CGT union, the 240 employees working in these stores will be reclassified elsewhere.

This decision comes after the takeover by Aldi of the Leader Price franchise from the French giant Casino during last November. The stores concerned are to often be sold to other companies, for various reasons like a too close proximity to Aldi brand’s stores or a too strong competition in the sector.

The CGT union fears the start of a larger store closure for Leader Price franchise. According to the union, almost 1,500 stores might be targeted by potential closures in the coming months. In the context of coronavirus, the announcement of closure, more or less large, has the obvious consequence of creating anxiety, among employees and in the sector.