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
The Hungarian Product trademark gives companies a sense of community and customers reliable quality
Professional cooperation based on mutual benefits enables businesses to overcome…
Read more >Péter Szautner joins the Bonafarm Group
Péter Szautner continues his career as Deputy CEO and Group…
Read more >Lidl and the Ministry of Agriculture announced: the domestic melon season has begun
The first shipment of watermelons from Hungarian suppliers has arrived…
Read more >