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REUNION: VINDEMIA AND SODEXPRO COMPETING

Article Abstract:

In Reunion, competition between the Bourbon group's Vindemia and the Caille group's Sodexpro is intensifying. Vindemia has opened a hypermarket with 6,000 square metres of sales space at Sainte-Marie, and Sodexpro is getting ready to inaugurate a Continent hypermarket which has been enlarged to 7,00 square metres of sales space, at the end of October 1999. The new Cora hypermarkets is expected to make a turnover of FFr 400mn in the year 2000, its first year of operation. These two competitors also have projects for the south of the island, where it is estimated that another 21,000 square metres of hypermarkets can still be built. Cora plans to build a hypermarket with 5,700 square metres of sales space at Sacre-Coeur au Port, and Continent may open a store with 5,000 square metres of sales space at Sainte-Suzanne, near Sainte-Marie's Cora.

Publisher: Liaisons et Convergence SA
Publication Name: Points de Vente
Subject: Business, international
ISSN: 0150-1844
Year: 1999
France, Bourbon

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POLAND: CASINO INAUGURATES A SHOPPING CENTRE

Article Abstract:

In partnership with Apsys (a French property developer), Casino is investing FFr 435mn in the construction of a 75,000m[superscript two] shopping centre at Janki, in the southern outskirts of Warsaw. Animated by a 14,000m[superscript two] Geant hypermarket, the shopping centre should be inaugurated in August 1999. Casino and Apsys are also currently building a second 55,000m[superscript two] Geant shopping centre in Wroclaw. Casino plans to invest FFr 6.6bn in Poland before 2002. The French group is expected to operate 21 Geant hypermarkets in Poland by the end of 2001.

Comment:

French real estate developer

Publisher: Liaisons et Convergence SA
Publication Name: Points de Vente
Subject: Business, international
ISSN: 0150-1844
Year: 1999
Poland, Casino, Apsys

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Subjects list: Grocery stores, Superstores
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