On November 21, 2024, EuraTechnologies hosted Connect Lille, the annual flagship retail event in the Lille metropolis, organized by Diamart Connect. We were privileged to take part in this immersive and enriching day, and are delighted to share with you the key points and highlights we took away.
Michel-Édouard Leclerc: Between the short term and the long term, a reflection on French retailing
For Michel-Edouard Leclerc, Chairman of E.Leclerc centers, strategic thinking cannot be limited to a short-term vision. He advocates an approach rooted in time, with long-term investment perspectives, while maintaining tactical agility in the face of contemporary challenges. Contrary to an often-repeated pessimistic view, Michel-Édouard Leclerc refuses to see the French economy as in deep crisis. With consumption fluctuating between -2% and -0.2%, he stresses that the situation remains much better than during the crises of the 1970s. For Michel-Édouard Leclerc, innovation lies in the ability to anticipate future needs while adjusting current formats. With a 45% share of the French drive-thru market, E.Leclerc has been able to take advantage of digital transformation, thanks in particular to substantial investments: 500 million euros a year in IT, logistics and the Internet. For more details, click here to see all the highlights.
For all the discussions and speeches at Connect Lille 2024, read the article here.
