Picard makes inroads in Norway

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9 October 2019 à 10h16

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1 minute

Publication: 9 October 2019 à 10h16

Reading time: 1 minute

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Publication

9 October 2019 à 10h16

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1 minute

Publication: 9 October 2019 à 10h16

Reading time: 1 minute

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Already successfully selling in Japan, Switzerland, Sweden, Italy, Belgium and the Netherlands, Picard (950 stores) just opened its 1st unit in Norway. This store of 100 sq.m is in the Niels Juels Gate district of Oslo. 5 more are expected in Norway plus an array of in-store corners. In the U.K., Ocado is the only retailer selling the Picard range, which generates a good margin driven by the loyalty of French consumers. In 2017, Picard has generated an operating profit of €200 million for a...

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