Auchan overtakes its competitors
The French hypermarket giant started an intensive expansion over the past decade in the eastern markets, notably in China, Russia and Eastern Europe. Auchan is the world's 14th largest retailer, with more than 1,200 shops and 59 billion USD annual turnove
Of course, this still seems to be small, compared to Wal-Mart’s annual 405 billion USD, but Auchan overtakes its competitors at several areas.
In China, for example, Auchen opens two new stores per month to serve the middle-class customers.
Auchan currently has 132 stores, compared to Wal-Mart’s 146 , but expanding rapidly – reports Pénzcentrum.hu.

Related news
Related news
Location becomes a competitive factor in e-commerce
As digitalisation and consumer expectations evolve rapidly, logistics and warehousing…
Read more >Gyermelyi is strengthening in exports – adapting to the challenges
Based on the 2024 financial report of Gyermelyi Zrt., it…
Read more >Voluntary Water Donor Program Launches in Budapest
10 million Trees, the Budapest Municipality, the Főkert and the…
Read more >