At the end of 2016, Galeries Lafayette faced both opportunities (the possibility that Sunday trading will be allowed in France in the near future) and threats (a ceiling on cash payments and a drop in consumer footfall after the terrorist attacks). Therefore, Galeries Lafayette has adopted an audacious growth plan. The company will seek to strengthen its position in flagship locations such as tourist areas of Paris while reviewing underperforming outlets in second-tier cities as well as continui...
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