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French supermarket group Auchan is set to quit Taiwan after 24 years in the market, completing its withdrawal from greater Asia. Taiwan News has reported that local operator PX Mart will take over the RT-Mart hypermarket joint venture between Auchan and the…
Auchan Retail is considering selling its stake in a group of RT-Mart-branded stores in Taiwan and is seeking $300 million to $400 million, people familiar with the matter said. The French supermarket chain is working with an adviser to find a buyer for its…
Local retail group Saigon Co.op has acquired the Auchan Vietnam business. Auchan will transfer its 15 closed store spaces and the three remaining stores still trading in Ho Chi Minh City’s Districts 7 and 1, along with its e-commerce and supply-chain retail…
The French supermarket group’s CEO Edgar Bonte told that the group had decided to sell its 18 stores in Vietnam which currently generate sales of US$50.4 million. In March, Auchan Retail said its Italian and Vietnamese businesses had faced tough conditions.…
Auchan Vietnam has launched its store on LazMall, a branded shopping mall from Lazada, allowing customers to purchase French products online with rapid delivery. Despite having its own online store, Auchan believes it can expand its reach and boost sales by…
Alibaba and its partner retailers will face a massive challenge ensuring flawless delivery of millions of parcels all over China and beyond given the expectations of further growth on Singles Day 2018 next week. “As the event grows, the logistics challenge…
A new Alibaba, Auchan, Sun Art partnership will further strengthen Alibaba’s efforts to integrate online and offline, say analysts. China’s Alibaba Group Holding, France’s Auchan Retail and Taiwan’s Ruentex Group have formed a strategic alliance to bring…
“Several hundred” Auchan Minute shops without checkout counters are planned for China by year’s end. Customers enter by scanning a code via the WeChat app. After products are scanned, they are added to a virtual cart. The customer then pays via AliPay or…
European supermarket operator Auchan Retail has renewed its contract with DHL Global Forwarding for the management of its inbound supply chain operations. As part of the renewal, DHL International Supply Chain will continue to provide purchase order and…
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