Executive Chairman of French supermarket leader E.Leclerc, Philippe Michaud attends a press conference at the Federation du Commerce et de la Distribution (FCD) in Paris on June 22, 2026. (Photo by Simon WOHLFAHRT / AFP via Getty Images)

Chairman of Les Mousquetaires retail group Thierry Cotillard speaks during a press conference at the Federation du Commerce et de la Distribution (FCD) in Paris on June 22, 2026. (Photo by Simon WOHLFAHRT / AFP via Getty Images)

Chairman of Les Mousquetaires retail group Thierry Cotillard speaks during a press conference at the Federation du Commerce et de la Distribution (FCD) in Paris on June 22, 2026. (Photo by Simon WOHLFAHRT / AFP via Getty Images)

Chairman of Les Mousquetaires retail group Thierry Cotillard speaks during a press conference at the Federation du Commerce et de la Distribution (FCD) in Paris on June 22, 2026. (Photo by Simon WOHLFAHRT / AFP via Getty Images)

(From L) Chairman of Les Mousquetaires retail group Thierry Cotillard, Carrefour CEO Alexandre Bompard and Executive Chairman of French supermarket leader E.Leclerc, Philippe Michaud give a press conference at the Federation du Commerce et de la Distribution (FCD) in Paris on June 22, 2026. (Photo by Simon WOHLFAHRT / AFP via Getty Images)

(From L) Chairman of Les Mousquetaires retail group Thierry Cotillard, Carrefour CEO Alexandre Bompard and Executive Chairman of French supermarket leader E.Leclerc, Philippe Michaud give a press conference at the Federation du Commerce et de la Distribution (FCD) in Paris on June 22, 2026. (Photo by Simon WOHLFAHRT / AFP via Getty Images)

(From L) Chairman of Les Mousquetaires retail group Thierry Cotillard, Carrefour CEO Alexandre Bompard and Executive Chairman of French supermarket leader E.Leclerc, Philippe Michaud give a press conference at the Federation du Commerce et de la Distribution (FCD) in Paris on June 22, 2026. (Photo by Simon WOHLFAHRT / AFP via Getty Images)

Carrefour CEO Alexandre Bompard (C) reacts during a presser at the Federation du Commerce et de la Distribution (FCD) in Paris on June 22, 2026. (Photo by Simon WOHLFAHRT / AFP via Getty Images)