Auchan continues Russian expansion with 100th hypermarket

Auchan continues Russian expansion with 100th hypermarket

French supermarket chain Auchan has just opened its 100th hypermarket in Russia and shows no signs of stopping, with new hypermarkets, supermarkets and convenience stores planned for the next few years.

More to come

Auchan Russia has become a very important part of Auchan Group, with Russia becoming the third most important country in turnover following only France and China. Despite already opening its 100th hypermarket in the country, only 14 years following its first, Auchan Russia CEO Jean-Pierre Germain believes there is still much untapped potential in Putin's backyard. 

 

The chain has already invested three billion euro in Russia, but it will invest another 440 million euro there in 2017. On average, it hopes to open another twelve hypermarkets per year, while continuing to invest in its other store formulas (supermarkets and local convenience stores). However, at the same time, the chain will also need to restructure its local operations, transforming the Atac stores into Auchan-branded stores.

Questions or comments? Please feel free to contact the editors


Gerelateerde items

Small Belgian brewery conquers Brazil thanks to playing cards

13/09/2017

Het Nest, a small brewery from Turnhout, will get its beers brewed in Brazil as well. It has struck a deal with Cervejaria Premium Paulista, which will brew and distribute the beers locally.

Price cuts drive 25 % more customers to Whole Foods

12/09/2017

Supermarket chain Whole Foods welcomed an additional 25 % of customers in the first few days following Amazon’s price cuts.

Ter Beke enters British food service industry

12/09/2017

Belgian food group Ter Beke has acquired a 90 % stake in British competitor KK Fine Foods for an undisclosed fee. The current shareholders hold onto the other 10 %.

Godiva wants to conquer the world through supermarkets

12/09/2017

Belgian praline brand Godiva will soon sell its chocolate in supermarkets all over the world after signing a deal with chains like Albert Heijn and Sainsbury’s. Previously, it sold nearly all its chocolate through its own store network.

Insight: Xavier Piesvaux' seven labours at Delhaize

10/09/2017

Can one French and several Dutch managers do what the Belgian management failed to do these past few years at Delhaize Belgium? Its new CEO will face plenty of challenges: we count at least seven.

Nestlé USA acquires food manufacturer Sweet Earth

08/09/2017

Nestlé USA has acquired American Sweet Earth for an undisclosed fee. The company mainly manufactures meat replacements, a rapidly-growing market, but also several frozen meals.

Back to top