As Auchan continues to evolve its strategy, we round up news from the retailer. Auchan appoints new managing director in Russia Auchan has appointed Johannes Tholey as managing director of Auchan Retail Russia. In recent role Tholey has been the managing director for Globus in Russia, from 2009 to 2016, and has been a board member of X5. Announcing the appointment, Auchan said it expects ‘ ...

In October 2019 we attended X5 Retail Group’s capital market day in London to learn about its plans for the future of the business. The retailer announced ambitious targets to double its market share to around 20% by 2029, with 50% of its revenue being generated in its digital businesses. X5’s 2029 vision is to almost double market share The retailer plans to reach a market share to 20% by ...

Auchan Retail generated revenue of €22.7 bn in the first half of its financial year, a fall of 2.4% at current exchange rates and by 0.4% at constant exchange rates. On a like-for-like basis, Auchan Retail said revenue fell by 0.8%. The retailer reported the performance of its operations in 12 countries, i.e. excluding Italy and Vietnam, and had restated them due to its concession agreement with ...