Auchan to Treble the Number of Hypermarkets in Russia

The French Retail Chain Auchan is planning to treble the number of hypermarkets in Russia and make it 150. To date the company operates 44 hypermarkets – 28 under the brand name Auchan, 14 Auchan-City and 2 hypermarkets Raduga. New stores, which will be opened in the next 5 years, will occupy from 10,000 to 20,000 sq m. Apart from hypermarkets Auchan is developing a chain of 747 supermarkets in 5 countries. Hypermarkets account for 80% of the turnover (34.2 billion euros a year), supermarkets – for 16% (6.9 billion euros a year). After expanding in the Moscow Region Auchan will concentrate on opening new supermarkets in other regions – Krasnodar, Yekaterinburg and St. Petersburg.

Source: www.retail.ru