Auchan news 

01 September 2020
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...
25 August 2020
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...
21 August 2020
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...
22 July 2020
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...
20 July 2020
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...
14 July 2020
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...
13 July 2020
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...
02 July 2020
As retailers in France look to innovate and benefit from continued shopper interest in digital and online channels, we round up several of the new initiatives being rolled out. Auchan and Carrefour evolve online fulfilment models Although not new developments for the market, Auchan and Carrefour have set out plans on how to evolve their Drive offer as they look to trial new services. First,...
30 June 2020
As Auchan looks to turnaround its performance in a key market, we look at developments from the retailer. Auchan sees revenue fall in Russia… Local press reports on the retailer’s revenue in the country suggested Auchan saw its sales fall by 6% in 2019, with net profit falling further as it invested in the business to turnaround its performance. The results underline the challenging nature ...
11 June 2020
Three developments from Auchan in Spain, Poland, and Ukraine. Auchan Retail Spain’s franchisees enjoy strong growth In an interview in local trade publication infoRETAIL, Auchan Retail Spain’s director of expansion, franchising and M&A, Javier Samperiz, said sales at its franchised stores rose 4.9% in 2019. He said 11 new stores had been added to its franchised estate, taking its total to 1...