In March 2025, Schiever signed an affiliation agreement with Cooperative U after a 26-year partnership with Auchan. What is the status of this integration?
We are now the largest U cooperator with 54 stores carrying the U banner at the end of 2025 (including 4 hypermarkets, 31 supermarkets and 19 U-Express convenience stores), and we are accelerating investments to move forward with the others. Based in France, Schiever is historically a family-owned group of wholesalers that shifted to grocery retail. Our business of purchasing offices continues but our strategic priority is to move from a model focused on upstream margins to a downstream-oriented scheme, where stores become profit centres. A year ago, our Auchan stores switched to U. The transition continues for our own banner Bi1, at a rate of 2 to 3 per week. This shift should be finalized around summer 2026.
In 2024, Schiever signed a partnership with R3, a consulting firm specialised in energy efficiency. What was the objective?
Since Scope 1 and 2 only account for 4% of our carbon footprint, ESG aspects were not the primary goal.
