💰 Colruyt Group is looking to sell its 102 supermarkets in France

Belgium’s Colruyt Group is reportedly looking to sell its 102 supermarkets in France, which have been operating at a loss. The retailer employs approximately 2,500 people in France, but despite significant investments, it has struggled to gain traction in a market dominated by hypermarkets 🏬. Multiple sources, including L’Informé and Bloomberg, have reported on the potential sale, though Colruyt has officially dismissed these claims as "rumors". The company insists it remains committed to its French retail and wholesale operations, including its Colruyt Prix Qualité stores and Codifrance, which was recently expanded with the acquisition of Degrenne Distribution 🚛.