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
First home for both two-legged and four-legged pets – young owners are the ones who choose puppies the most
In the second week of August, two international awareness days…
Read more >Rossmann bids farewell to the season with a summer closing discount
Rossmann is ending the summer with a special discount: between…
Read more >An icon was born with the collaboration between Lidl and Tisza Cipő
After weeks of speculation, Lidl has finally pulled the curtain…
Read more >