Auchan news 

China's largest retailer, Sun Art Group, a joint venture between Auchan and the Ruentex group, opened its first supermarket in September. Developing a multi-channel and multi-format business On 1 September, RT-Mart's first supermarket, RT-Mart Super, is opened in Changzhou. This is RT-Mart's first medium-sized store. With a sales area of 3,900 Sq m, the store carries more than 1,500 SK...

In an interview in local trade publication LSA and in a subsequent press release, Auchan France has set out how it is aiming to implement the key initiatives set out in the 2022 transformation plan. Retailer to focus on five strategic priorities In the interview with LSA, Auchan Retail France’s chief executive, Jean-Denis Deweine, set out how it was looking to drive growth by concentrating ...

As it looks to build on the positive performance in H1, Auchan has rolled out programmes across its operations in Europe as it embeds its Renaissance initiative and focuses on its Auchan 2022 strategy. Auchan extends partnership with OMV Petrom Auchan and OMV Petrom have announced an extension to their partnership, which will see the addition of further MyAuchan convenience stores on the la...

Auchan has released first half results which it says show a ‘ significant improvement in profitability ’, which has been helped by the implementation of its Renaissance initiative. The retailer reported that while total sales fell by 1.8%, group EBITDA increased by 14.9%, with its EBITDA margin reaching 5.6%. Revenue growth seen in most markets Auchan reported revenue fell by 1.8%, at curre...

Jordao launched an artificial intelligence (AI) micro store in partnership with Reckon.AI. Meanwhile, Go Natural plans to expand its online presence and product distribution. Separately, Auchan Portugal has been investing in technology to improve shopper satisfaction by introducing blockchain technology and autonomous robots. Jordao opens AI powered micro store Jordao has launched a micro s...

Alibaba has announced its Q1 results for quarter ended June 30, 2020. Total revenue was up 34% to CNY153.8bn (US$21.8bn) YoY. Operations in China ‘fully recovered’ In a press release, Maggie Wu, Alibaba’s Chief Financial Officer, said,  “Our domestic core commerce business has fully recovered to pre-COVID-19 levels across the board, while cloud computing revenue grew 59% year-over-year. Our...

As Auchan and Carrefour look to repurpose further space in their hypermarkets and Systeme U and Auchan Chronodrive spotlight local production, we round up news from the market. Auchan and Carrefour repurpose further space in hypermarkets Local trade publication LSA has reported that Auchan and Carrefour continue to find new ways and partners to help them repurpose space in their largest sto...

As Auchan partners with Glovo for four European markets and extends the reach of its click and collect services in Poland, we round up news from the retailer. Auchan signs partnership with Glovo Auchan, after a trial with the delivery company in Portugal and Ukraine, has said it is set to formalise its partnership with Glovo in the two countries and extend it to Poland, and Spain. The trial...

As the Auchan-led buying alliance presents new commitment proposals, its revenue remains flat in Spain in 2019 and it extends its delivery options in Romania, we round up news from the retailer. Auchan-led buying alliance to revise cooperation agreement France’s Antitrust Authority has said it is reviewing the scope of the agreement between Auchan, Casino, Metro, and the Schiever Group to s...

We round up initiatives from Auchan in its home market and Poland. Auchan adds Patatam corners at hypermarkets Continuing French retailers looking to repurpose space in their largest stores and to meet the growing shopper interest in second-hand clothing, Auchan has opened Patatam branded corners at further hypermarkets following a successful trial. Patatam has enjoyed fast paced growth, wh...