"We don't know what the local authorities will say to us," French local daily La Voix du Nord quoted an unnamed management source at Leroy Merlin as saying Friday.
"Other companies like Danone or Schneider have asked for a similar transfer of business control and they've been waiting for months for a response."
A slew of foreign firms closed up shop in Russia last year in the wake of the invasion of Ukraine and subsequent Western sanctions against Moscow.
But the Mulliez family, which owns Leroy Merlin and other major French retailers including supermarket chain Auchan and the Decathlon sports shop network, stayed put.
Adeo did say last year that it would suspend new investments in the country.
But it also warned that any outright departure from existing commitments would expose it to the risk of "expropriation" by Russian authorities.
Ukrainian President Volodymyr Zelensky called out Auchan and Leroy Merlin in a speech in Paris last year, saying they "must stop sponsoring the Russian war machine".
In February of this year, Ukrainian Foreign Minister Dmytro Kuleba accused Auchan of being a "weapon of Russian aggression" after media reports said its shops had been used to supply goods to the Russian army.
The reports said employees at Auchan in Russia had collected store goods worth two million rubles ($27,000), including woollen socks and gas bottles, which were sent to soldiers marked as humanitarian aid.
The company said it was "very surprised" by the allegations.
Around 500 French companies had operations in Russia before the war, making them collectively the biggest foreign employers in the country with 160,000 staff, according to the French economy ministry.
