PRESS: Auchan to renew stores in Russia, expand range of goods - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

PRESS: Auchan to renew stores in Russia, expand range of goods

MOSCOW, May 10 (PRIME) -- Auchan Retail Russia, a local unit of French retailer Auchan, plans to renew its stores in the country and expand the range of goods, CEO Francois Remy said in an interview with business daily Vedomosti released on Thursday.

“I think that expectations of Russian clients changed much over the last two to three years. This required us to change the commercial model. In late 2017, our team developed a plan of commercial model transformation and started its implementation. The key issue is to relaunch formats,” Remy said.

Auchan has four formats of stores in Russia: hypermarkets, superstores, supermarkets, and neighborhood stores. The new format is being tested in three stores, while the renewed superstore Auchan City Kapitoliy will open in May.

The stores’ design, equipment, and range of products has changed, Remy said. “So far, Auchan in Russia has positioned itself mainly as a discounter with a special emphasis on cheap goods – we call them goods of the first third of assortment. Now the task is to give clients a more complete offer, especially in the second and third thirds of assortment, or in the medium and premium segments,” Remy said.

At the same time, Auchan plans to strengthen its image as a discounter. “But instead of being a discounter of cheap goods, we will be a discounter in the entire line. So, even if it is a premium item, we should have it cheaper,” he said.

Moreover, Auchan will develop its own brand, Remy added.

End

10.05.2018 09:59
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 98.6447 +0.6177 03 may
USD 92.0538 +0.2747 03 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3447.95 -0.63 17:49 02 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 163.22 0.00 23:50 02 may
lkoh 8085.50 0.00 23:50 02 may
rosn 582.00 0.00 23:50 02 may
sber 307.67 -0.18 17:20 02 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 98.4850 +0.6900 15:00 02 may
USDTD 92.0700 +0.5150 17:20 02 may