Hypermarkets and supermarkets news

25 July 2013
On a group basis Casino's sales rose by 40.4% in the second quarter of 2013 to €12,086m, following the consolidation of GPA in Brazil and Monoprix in France. However, the divisional performance in France underlines a more challenging position; hypermarket same store sales excluding fuel declined by 10.5%, while supermarkets were down 8.7%, on the same basis albeit with a negative calendar impact. ...
25 July 2013
The UAE-based operator of Carrefour’s hypermarkets and supermarkets in the Middle East has announced a first half trading statement that showed sales at its retail business unit rose by 9% to AED9.2 billion (US$2.5 billion). Company highlights milestones reached during H1 During the first three months of 2013 Majid Al Futtaim acquired the minority share in its joint venture with Carrefour , ...
25 July 2013
Following a strong performance in Q2, Big C reported interim sales of THB 30bn (USD 965m), growing 7.5% on last year. Its ambitious store opening plans are on target. Same store sales and rental income boosting Q2 performance Same store sales grew a robust 3% in the second quarter despite less favourable economic conditions than forecast. Successful marketing activity such as targeted coupo...
25 July 2013
The retail arm of India's Reliance Industries Limited (RIL) reported growth of 53% in Q1, with turnover reaching IND 34.7bn (USD 588m). Strong Q1 performance across multi-format portfolio Same store sales growth ranged between 10-22% across Reliance Retail's varied grocery, jewellery, fashion and digital store network. The company operates over 1,500 stores across 134 cities in India ...
25 July 2013
Domestic retailer Mydin launches its new high-end Sam's Groceria banner to cater for Malaysia's affluent shoppers. Mydin adding to its multi-format portfolio Traditionally positioning itself as a value-orientated retailer, Mydin  operates a multi-format store portfolio including hypermarkets, supermarkets, convenience stores and cash and carry outlets. Plans to diversify into premium grocer...
25 July 2013
UAE-based LuLu has announced that it will open its 106th hypermarket in the region in Ibri, Oman. New store builds on retailer’s regional presence LuLu said that the new store will measure nearly 14,000 sq m, stock about 45,000 products and, as with its operations elsewhere, be supplied by local manufacturers. Discussing the company adding a store in Oman, its managing director, Yusuffali ...
18 June 2013
Botswana-based Choppies has, according to the country’s Competition Authority, won the battle to acquire its rival SupaSave. Purchase to expand Choppies’ presence The acquisition of SupaSave will add a further six stores – in Gaborone, Molepolole and Palapye – and add further capacity to Choppies’ wholesaling business. Although Choppies already accounts for a sizeable share of Botswana’s mode...
07 May 2013
Botswana-based Choppies has, according to the country’s Competition Authority, applied to wholly acquire local rival SupaSave. Acquisition to bolster Choppies’ operations Choppies’ proposal is for it to acquire SupaSave and its sourcing and supply subsidiary MegaSave. If accepted, the acquisition will add six stores to Choppies’ existing operations in Botswana. Competition Authority seeks ...
26 March 2013
In the first of this year's regular updates on the world's top retailers, we look at recent developments at Carrefour, Tesco, Metro and Walmart. We see how online and digital strategies are becoming more important, and how they are adapting to changing conditions in various markets around the world. Carrefour embarking on second phase of plan to deliver better profits Carrefour rev...
13 March 2013
Botswana-based Choppies has opened a new store in Brits, in the North West province of South Africa. New store to target low income shoppers The 4,300 sq m store is said to be the company’s first hypermarket in the region and will enable it to expand its non-grocery ranges. The company will target shoppers in the LSM3 to 7 brackets with as wide a range as possible at competitive prices. St...