France’s Leclerc Stores to Sell Fuel at Cost, Chairman Says
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E.Leclerc, the French supermarket chain, will sell gasoline and diesel at cost during September, adding to the government’s promised consumer tax rebate, said Chairman Michel-Edouard Leclerc.
“Prices will probably fall 2 or 3 cents a liter” at all of the company’s retail gas stations in France because of the measures, Leclerc said today on RTL radio. “We won’t be making any profit.”