Russia approves Auchan's acquisition of Real | RetailDetail

Russia approves Auchan's acquisition of Real

Russia approves Auchan's acquisition of Real

The Russian government has agreed to Auchan's plans to take over the Real hypermarkets in Russia, if the French chain finds a solution for the store in Kotelniki, a region in Moscow where they would otherwise get a market share of over 25%.

Transaction concluded in November

The transaction between Metro and Auchan was already concluded in November 2012 and included the acquisition of 91 hypermarkets in Poland, Russia, Romania and the Ukraine for 1.1 billion euro. This included exploitation as well as real estate.


Metro put its hypermarkets in these four countries on display, because it wants to focus on its cash & carry at Metro and Makro and on its electronics chains Media Markt and Saturn. Nonetheless the group will remain owner of Real locations in Germany and Turkey. In the 91 hypermarkets acquired by Auchan, Real had a sales figure of 2.6 billion euro. The French chain will be putting its own name on the stores.

Questions or comments? Please feel free to contact the editors

"Protectionism makes everyone poorer" (Christian Verschueren, EuroCommerce)


Trade wars and discrimination within the single market create growing pressures on retailers in Europe. EuroCommerce Director-General Christian Verschueren is concerned, but looks forward confidently to the future.

Belgian online turnover surpasses 10 billion euro


e-commerce is becoming increasingly popular, in Belgium as well. However, there is still a lot of growth potential online: that is BeCommerce’s main conclusion from its Market Monitor 2017. The report states that there was a 10.05 billion euro online turnover in Belgium last year.

Claire’s files for bankruptcy


American chain Claire’s has now officially filed for bankruptcy, although it only relates to the company’s American division.

Amazon looks for additional cuts with manufacturers


Amazon wants to cut costs and that is why it will charge manufacturers with logistical fees more quickly. Up until now, the American online retailer often took it upon itself, but that move no longer seems profitable.

Amazon targets Toys 'R' Us stores


Amazon is apparently interested in several of bankrupt Toys ‘R’ Us’ stores, because their locations and stores would fit Amazon’s own retail formulas.

The end of the retail employee


For the first time it’s safe to say that the future of work is really fabricated by futuristic events. People will need to become just as versatile as AI technologies and blockchain applications. Are you ready?

Back to top