French Retailing: A Comparable Look at Retailing in France as Opposed to the US
Culture and Demographics Play a Role in the Retailing Practices of the French
Sales in retail stores in America vary from store to store. While there are the general clearance sales for seasons past, many stores in the US operate their sales on their own personal basis. In France, it is a completely different story. Sales, or soldes, as they are called, are implemented twice a year. Since the government controls the retail industry, they also control the sales. Never will a store have a “sale section” or markdowns unless it is during the prescribed time period for which sales are allowed. These times are during July and January. Therefore, knowing exactly when stores are having their sales, results in a mad rush to shop from consumers. The stores are generally crowded with customers who are sometimes ready to fight to the death over a pair of Blahniks marked 50% off. On a positive note, this generates huge revenue for retailers and helps boost France’s economy by encouraging people to get out and spend money.
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Takeaways
- All stores in France participate in the two sessions of Sales each year. From hardware to Gucci!
- France has it's own unique approach to retailing, which is much different that in America
- Putting the price of an item in a display window is common in France, not in the US
Did You Know?
Sales and markdowns are regulated by the French government, only allowing Sales twice a year
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Pascal ROBIN
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Posted on 04/20/2006 at 7:04:00 AM
Pascal ROBIN
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Posted on 04/20/2006 at 7:04:00 AM