Carrefour Enters Mongolia, Opens Two Stores
French retailer Carrefour has entered the Mongolian market, in association with partner Altan Joloo and its subsidiary Sansar.
The retailer has opened two new stores in the country, operating under the Carrefour hypermarket and Carrefour Market banners.
The partnership will also enable all Sansar stores, more than 20 to date, to gain access to Carrefour brand products.
Oyundari Enkhbaatar, CEO of Altan Joloo Trade LLC, commented, “We are extremely proud and delighted to partner with Carrefour, one of the world’s leading retailers. We plan to rebrand our 20 Sansar stores and create a minimum of 20 new Carrefour supermarkets and hypermarkets in the coming years to strengthen our position in Mongolia.”
Enkhbaatar added that the new stores offer a wide range of products at competitive prices, including fresh products, Carrefour private-label items and a selection of French wines.
“Our goal is to offer the best affordable products in all our stores to benefit every household and offer real value and solutions to the rising cost of living in Mongolia,” she stated.
According to Patrick Lasfargues, executive director of Carrefour International Partnership, the initiative will strengthen the retailer’s international presence.
The move is also part of Carrefour’s 2026 strategic plan, which aims to see the retailer expand its presence in more than 10 new markets.
Related news
Belgium Allows Seven Day Store Opening
The Belgian government has decided to eliminate the mandatory weekly…
Read more >Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >Albert Heijn discloses methane emissions in “world first” move
The grocery chain revealed its methane emissions accounted for approximately…
Read more >Related news
Dole offloads fresh-veg arm to Arable Capital
Dublin-headquartered Dole has sold its fresh vegetables division in the…
Read more >Wolt Announces New Partnerships To Drive ESG Initiatives
Finnish food delivery firm Wolt has announced two new strategic…
Read more >Colruyt to install smart cameras at all checkouts
Belgian supermarket chain Colruyt is rolling out its “easy check-out”…
Read more >