Auchan

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Groupe Auchan SA
TypePrivate, SA
IndustryRetailing
FoundedRoubaix, France (1961)
Founder(s)Gérard Mulliez
HeadquartersCroix, Lille Métropole, France
Number of locations3,051
Area servedWorldwide
Key peopleVianney Mulliez, Chairman
Thierry Mulliez, Vice-Chairman
ProductsDiscount store, electronics specialty, hypermarket, supercenter, supermarket, superstore, other specialty
RevenueIncrease 44.373 billion (2011)[1]
Operating incomeIncrease €1.283 billion (2011)[1]
Net incomeIncrease €857 million (2011)[1]
Total assetsIncrease €28.479 billion (2011)[1]
Total equityIncrease €9.286 billion (2011)[1]
Employees269,000 (2011)
ParentMulliez Group
Websitewww.auchandirect.fr/Accueil
 
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Groupe Auchan SA
TypePrivate, SA
IndustryRetailing
FoundedRoubaix, France (1961)
Founder(s)Gérard Mulliez
HeadquartersCroix, Lille Métropole, France
Number of locations3,051
Area servedWorldwide
Key peopleVianney Mulliez, Chairman
Thierry Mulliez, Vice-Chairman
ProductsDiscount store, electronics specialty, hypermarket, supercenter, supermarket, superstore, other specialty
RevenueIncrease 44.373 billion (2011)[1]
Operating incomeIncrease €1.283 billion (2011)[1]
Net incomeIncrease €857 million (2011)[1]
Total assetsIncrease €28.479 billion (2011)[1]
Total equityIncrease €9.286 billion (2011)[1]
Employees269,000 (2011)
ParentMulliez Group
Websitewww.auchandirect.fr/Accueil

Groupe Auchan SA (French pronunciation: ​[oʃɑ̃]) is a French international retail group and multinational corporation headquartered in Croix, France.[2] It is one of the world's principal distribution groups with a presence in 12 countries and 269,000 employees.

The company began when Gérard Mulliez opened his first self-service shop in Roubaix in the district of Hauts-Champs - pronounced the same as "Auchan".[3]

Auchan has branches in France, and internationally in Italy, India, Spain, Portugal, Luxembourg, Poland, Hungary, Russia, China, Taiwan, Romania and Ukraine.

As of 2011, Auchan had 639 hypermarkets and 2,412 supermarkets around the world.

Mulliez family[edit]

Auchan SA is controlled by the Mulliez family, one of the wealthiest in France. The Mulliez family has interests in a large number of companies:

Auchan around the world

Slogan[edit]

The slogan of the company was La Vie, La Vraie, which translates into English as "Life, the real one". The slogan was changed in 2007 to: La vie Auchan, elle change la vie - "Auchan's lifestyle changes life (itself)".

Operations around the world[edit]

CountryFirst storeHypermarketsSupermarketsConvenience storesShopping centres
China China199923045
France France1961126 / 8*268 / 141*108
Hungary Hungary19981918
India India201211*3*
Italy Italy198952 / 7*276 / 1,385*46
Luxembourg Luxembourg199611
Poland Poland199626 / 53**2720
Portugal Portugal1996339
Romania Romania200631
Russia Russia200254 / 16**6325
Spain Spain198153125 / 16*111*30
Taiwan Taiwan20011822
Ukraine Ukraine20088 / 2**8

Note: stores with a star (*) are under franchise; stores with two stars (**) are being rebranded from the Real brand.[4]

People's Republic of China[edit]

Auchan opened its first store in Shanghai at 1999, and according to the Auchan (China) Investment Co. Ltd. official report in 2009, there are 114 stores opened nationwide in China. Suzhou Jinji Lake store that is located in Suzhou Industrial Park had nine million population during that fiscal year with over four hundred million turnover and became one of the biggest Auchan Hypermarket in the world. Suzhou store expanded in 2008 and is the biggest Auchan Hypermarket in People's Republic of China, second biggest in the world. Also, Auchan China led to open its online shopping website for store in Shanghai and Suzhou. Auchan offers online shopping only in those two cities so far and is opening in Suzhou its first AuchanDrive store, based on its French model (click & go) in May 2012.

United States[edit]

Auchan previously had a subsidiary, Auchan U.S.A.[5] It was the successor of interest to Texfield Inc. which did business as Auchan Hypermarket.[6] As of 2002 Auchan was the only French hypermarket chain to still have a U.S. presence.[7]

Auchan's first U.S. store opened in western Houston in 1988.[8] The 250,000-square-foot (23,000 m2) market was located on a 31.3-acre (12.7 ha) plot of land on Beltway 8, north of U.S. Route 59. The store was one of the first hypermarkets to open in the U.S.[5] David Kaplan of the Houston Chronicle said "it was fairly unusual and became something of a tourist attraction" when it had first opened.[9]

Auchan also opened a store in Greater Chicago in 1989. The store was a large hypermarket in the suburb of Bridgeview, Illinois.[10] It only sold food, and it was not as large as the stores that were in Houston. In 1991 the store closed.[9] It was later bought by a local Chicago chain, Dominick's supermarkets, and converted into an Omni Superstore by 1991.[citation needed]

Auchan's second Greater Houston location opened in southeast Houston in September 2000.[8] Kaplan said "Auchan had solid business its first years, but with only two stores in the country, the company lacked buying power and economy-of-scale advantages."[9] In January 2003 Auchan announced that both of its U.S. stores were making losses and were going to be closed; Auchan stated that it was instead going to concentrate its expansion in Asia and Europe.[8] Auchan U.S.A. sold its first Houston location to Ho Enterprises. Lewis Food Town occupied about 110,000 square feet (10,000 m2) of the space, with the rest of the space taken by other tenants.[5] Kaplan said that by 2003, "the Houston market is saturated with huge discounters and large grocery stores."[9] In addition, many similar stores, including an H-E-B Food and Drug Store, the Hong Kong Supermarket, a Sam's Club, and a Wal-Mart Supercenter had opened in proximity to the west Houston Auchan. In Europe zoning laws would prevent such a high concentration of similar stores. Kaplan further added that "In Europe, shopping malls are not as prevalent as they are in America, and Auchan's everything-under-one-roof concept has greater appeal" in Europe rather than in the United States.[9] The second former Auchan remains unoccupied, but was used as a shelter for Hurricane Katrina victims in 2005 and Hurricane Ike victims in 2008 due to its large space.[citation needed][11]

Own-label product brands[edit]

Divisions[edit]

IKEA's MEGA Fedyakovo shopping mall outside Nizhny Novgorod, Russia, featured with Auchan (the "Ашан" sign in the center of the building)
The Auchan in Mysiadło near Warsaw, Poland
The Coquelles branch of Auchan

Withdrawn ventures[edit]

Auchan opened a number of stores in Mexico; the first of these opened in Mexico City in 1997 and eventually grew to five stores. Faced with stiff competition from Wal-Mart, as well as local superstore chains Gigante and Comercial Mexicana, and French rival Carrefour (who also sold their stores and left the country in March 2005), Auchan decided to sell their stores to Comercial Mexicana and withdrew from Mexico in early 2005.

In 1997 Auchan sold its hypermarkets in Thailand to Groupe Casino.

In 2007 Auchan sold its Argentine stores to Wal-Mart and withdrew from the country.

Following a conflict with its Moroccan partner ONA, Auchan sold its 49% share in August 2007.

In January 2011 Auchan dropped out of the Dubai market after just two years.[13]

Initial public offering[edit]

Sun Art Retail Group Ltd., the Chinese hypermarket operator backed by Auchan will go Public in Hong Kong at July 15, 2011 with hope to raise about $1 billion.[14]

See also[edit]

References[edit]

  1. ^ a b c d e "Financial Report 2011". Auchan Group. Retrieved 4 August 2012. 
  2. ^ "Contact." Auchan. Retrieved on 24 October 2012. "Groupe Auchan 40, avenue de Flandre - BP 139 59964 Croix Cedex – France"
  3. ^ Cédric Citrain, "A Cap occitan, on fête les 50 ans d'Auchan", Midi Libre" (Bézier edition),19 January 2011, p3.
  4. ^ (Romanian) Iancu, Liviu (30 November 2012). "Auchan a cumpărat magazinele Real din ECE, inclusiv cele din România, pentru 1,1 miliarde de euro". Ziarul Financiar. 
  5. ^ a b c Wollam, Allison. "Food Town to occupy portion of shuttered Auchan hypermarket." Houston Business Journal. Sunday June 8, 2003. Modified on Thursday June 5, 2003. Retrieved on January 13, 2011.
  6. ^ "NO. 97-1052." (Archive) Supreme Court of Texas. Retrieved on November 13, 2012. "AUCHAN USA, INC., SUCCESSOR IN INTEREST TO TEXFIELD, INC., D/B/A AUCHAN HYPERMARKET, RESPONDENT"
  7. ^ "Etats-Unis." Auchan. May 25, 2002. Retrieved on January 13, 2011. "Aujourd'hui, Auchan est la seule enseigne française d'hypermarchés encore implantée aux Etats- Unis."
  8. ^ a b c "Auchan to close Houston hypermarkets." Houston Business Journal. Monday January 6, 2003. Retrieved on January 13, 2011.
  9. ^ a b c d e Kaplan, David. "Auchan closing local stores to exit U.S. market." Houston Chronicle. January 7, 2003. Retrieved on November 13, 2012.
  10. ^ Liebeck, Laura (1988). "Auchan chooses Chicago for its 2nd hypermarket". Discount Store News. 
  11. ^ http://abclocal.go.com/ktrk/story?section=weather/hurricane&id=6407039
  12. ^ http://www.auchan.ru/en/economic_products
  13. ^ "Auchan closes its hypermarkert in DragonMart". 
  14. ^ Hu, Fox (June 20, 2011). "Auchan-Backed Sun Art Said to Test Demand for Billion IPO in Hong Kong". Bloomberg. 

External links[edit]