Leclerc has been operating on the Polish market since 1995, when the first store under the brand name was opened in Warsaw's Ursynów. Currently, the group consists of hypermarkets, supermarkets, shopping centers and petrol stations. E.Leclerc also offers online stores.
E.Leclerc chain centers in Poland with a loss of PLN 3.3 million. Previously there was a profit
Galec (E.Leclerc network headquarters in Poland) generated net sales revenues of PLN 31,509,550.77 in 2023, compared to PLN 21,976,294.96 in 2022. Operating income was PLN 1,389,627.19 (PLN 77,294.00 in 2022). Net loss was PLN 3,310,425.90, compared to PLN 4,357,837.30 profit in 2022.
According to the articles of association, the company's core business is service, training and consultancy activities related to running multi-sector stores.
Galec financial report for 2023
Recall that in June, the chain announced that 36 E.Leclerc stores in Poland achieved a 4.6% increase in turnover (like for like). It was explained that this was the result of implementing a new brand development strategy on the Polish market, which has been implemented since last year.
As indicated by the representatives of the E.Leclerc network, the beginning of 2024 was marked by a clear slowdown in inflation, which influenced the intensification of commercial communication activities of brands planning to increase market share. There was a price battle and, above all, an escalation of communication, which made it difficult to read performance indicators.
Closures of several E.Leclerc stores in Poland
Four branches of the chain that recorded financial losses were closed down (Konin, Kędzierzyn Koźle, Poznań, Malbork).
Since 2023, E.Leclerc Polska has been conducting a thorough analysis of its stores.
– Closing four stores is a difficult decision due to the consequences for the affected employee teams, but it allows for the efficient use of resources and ensuring the future development of the brand, which will require international-level logistics tools and an efficient supermarket format. It is worth noting that the impact of these 4 locations on turnover is limited, and the actions taken towards the remaining stores will compensate for the loss of volume resulting from the closures – said Jean-Philippe Magre, president of E.Leclerc Polska, recently.
Since 2021, the E.Leclerc brand has been part of the structure of the European purchasing headquarters of Eurelec, which brings together the Rewe Group in Germany, Billa in Austria, Groupement Leclerc in France, Portugal and Poland and the Delhaize-Ahold group in Belgium and the Netherlands.
