POLAND: GOALS OF FRENCH RETAILERS
Article Abstract:
French retailers, who arrived in Poland after the Austrian retail chain Billa and the German retail chain Hit, want to speed up their development there before the market reaches saturation. According to estimates, Warsaw, which has room for twenty hypermarkets, will reach saturation within two years, while the entire Polish market is expected to reach the saturation point in 2005. Carrefour is the latest French retail group to arrive in Poland with the opening of a hypermarket in Warsaw in 1998. Carrefour knows it will have to act quickly in order to gain ground. A new opening is forecast by the second half of 1999, and several products are being studied, particularly in Katowice, Wroclaw and Czestochowa. Leclerc, Casino's Geant, Auchan, and Intermarche are already present in Poland, must cope with competition from the new operators: Carrefour and the German group Metro, with the Rea retail chain.
Comment:
Carrefour is the latest French retail group to arrive in Poland with the opening of a hypermarket in Warsaw in 1998.
Publication Name: Points de Vente
Subject: Business, international
ISSN: 0150-1844
Year: 1998
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ITALY: THE CARREFOUR GROUP'S GOALS
Article Abstract:
Carrefour, the French retail group, appears determined to gain ground in Italy. It has launched a program to extend and renovate its six Italian hypermarkets. It is also building shopping malls and is getting ready to open a 10,000 square metre hypermarket at Bari, its first new store opening in three years. Carrefour expects these investments to enable it to break even in 1999. However, Carrefour is being outstripped by its competitors. Auchan Gruppo Rinascente expects a network of about 40 hypermarkets in 2002, while the Promodes-GS-Finiper group now has 46 hypermarkets under the Continente, Euromercato, and Iper names.
Comment:
Promodes-GS-Finiper group now has 46 hypermarkets under the Continente, Euromercato, and Iper names.
Publication Name: Points de Vente
Subject: Business, international
ISSN: 0150-1844
Year: 1999
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TAIWAN: MODERN RETAILING GAINS GROUND
Article Abstract:
Modern retailing continues to gain ground in Taiwan. At present there are a hundred hypermarkets in the island, representing 3% of Taiwan's retailing and including 22 Carrefour hypermarkets. According to forecasts, there is still room for another hundred units. Taiwan attracts foreign retail chains: Wal-Mart is expected to arrive there soon, Price Costco has opened a unit near Taipeh, and Makro has inaugurated a warehouse club.
Publication Name: Points de Vente
Subject: Business, international
ISSN: 0150-1844
Year: 1999
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