System U's leader expresses frustrations through sign closures
On RMC's set this Tuesday, May 6, System U's big boss, Dominique Schelcher, burst out in anger over the innumerable store closures. Following brands like Camaïeu, Naf Naf, Go Sport, and Kookai, it's now Jennyfer's turn to face severe financial troubles that will lead to the potential loss of 1,000 jobs. Frustrated by the casual attitude towards the brand's liquidation announcement, Dominique Schelcher called for "mobilization and support".
He questioned, "Why aren't there any mobilizations? Why isn't there any support? Don't salespeople deserve the same attention?" He also denounced the "silent social plan that nobody sees". According to Schelcher, the lack of attention to this issue is a considerable shock.
Jennyfer: On the Brink of Collapse
Taking to Twitter, Dominique Schelcher expressed his exasperation, stating "In France, we don't like commerce!" Comparing the indifference towards Jennyfer's liquidation to the uproar caused by layoffs at ArcelorMittal, he denounced "unfair competition" exercised by certain foreign players in the retail sector.
Dominique Schelcher criticized hard-discount chains for invading France with uncontrolled imported products and e-commerce, which bring in unregulated products via more than 600 planes every night. He specifically singled out Chinese giant Shein, noting that it pays a mere 273,000 euros in taxes for a turnover of 1.6 billion euros. That's less than a medium-sized Super U!
Around this article- System U- Retail- Grocery retail
From a broader perspective, concerns about unregulated foreign competition in retail often stem from issues like job security, market share, and compliance with local regulations. Without direct statements from Schelcher, it's hard to attribute specific arguments about Shein to him. However, common concerns might include the fear of job displacement, losing market share to cheaper foreign competitors, and ensuring foreign companies adhere to local laws and regulations. These worries are common in discussions about foreign competition, but without Schelcher's precise quotes or statements regarding Shein, attributing these views to him is speculative.
In the context of the potential loss of 1,000 jobs at Jennyfer and Dominique Schelcher's call for mobilization and support, it's understandable that he would express concern over unregulated foreign competition in the retail sector, such as e-commerce companies like Shein, which pay significantly less tax compared to their turnover. This could be a cause for worry in terms of job security, market share, and compliance with local regulations in the retail business.
