WORLD: FRENCH RETAIL PROJECTS IN 1999

Article Abstract:

In 1999, French retail groups will open approximately 60 hypermarkets outside France, of which around 40 will be based in Europe. Poland and Spain are the two main European countries targeted by French groups. In Poland, Geant (Casino) has 7 projects, Carrefour has 4, Leclerc has 3, Auchan has 1, Intermarche has 10, Stoc (Comptoirs Modernes) has 5, Leader Price (Casino) has 1, Castorama has 2, Leroy-Merlin has 1 and Conforama has 1. In Spain; Pryca has 3 projects, Continente 2, Alcampo 2, Leclerc 1, Leroy-Merlin 3, Decathlon 3, FNAC 1 and Conforama 4. In Portugal there are a total of 14 projects including 9 Marche des Mousquetaires (Intermarche); In Italy there are 11 projects including 6 for Leroy-Merlin: in Greece, 2 projects (Carrefour and Continent); in Turkey 2 projects (Carrefour and Continent), in Hungary 4 projects (2 Cora and 2 Bricostore) and in the Czech Republic, Carrefour has 2 projects. In Southeast Asia, two principal countries are targeted; Taiwan with 5 projects including 2 by Carrefour, and South Korea with 6 projects (4 Carrefour and 2 Continent). Carrefour has several projects in China, as do Continent and Auchan (each planning one opening). Carrefour also has 2 projects in Thailand and one in Malaysia, Auchan has one in Thailand and the Groupe Bourbon has a project in Vietnam with the Cora group. Finally, in Latin America, two principal countries are targeted; Brazil, where almost 30 projects are planned including the change of 23 Lojas Americanas outlets to Stoc outlets, several projects by Castorama, and 2 or 3 projects by Carrefour, and Argentina where Norte and Tia will take their places within a retail network belonging to the Promodes group, the development of Dia%, and several projects by Carrefour. Carrefour also plans to take a foothold in Mexico and Chilli, whereas Geant wants to enter the Uruguay market.

Comment:

French retail groups to open approximately 60 hypermarkets outside France in 1999.

Foreign operations, Hypermarkets, Warehouse Clubs and Superstores, World, Superstores

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FRANCE: CICA, AND FRENCH SECOND HAND CAR MARKET

Article Abstract:

Cica, the second largest secondhand car dealer in France, aims to open around 20 new outlets or on a franchise basis, by 2003. Cica, part of Hong Kong Jardines group, proposes more than 80 different brand models ranging from FFr 50,000 to FFr 300,000, and has developed an Internet purchasing platform, Adis, which also helps with management and logistics solutions. For several years, automobile constructors have tried to promote and structure the secondhand sales divisions of their sales networks, but their market share in the French secondhand car sales market has not reached more than 30%. The annual secondhand car market in France represents almost 4.5mn units sold, compared to 2mn new cars sold annually.

Sales & consumption, Used car dealers, Cica

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FRANCE: SECONDHAND CAR HYPERMARKET PROJECT

Article Abstract:

Carevia, a company which was set up by the French carmaker Renault in July 1998, announces an investment of FFr 80mn to set up one of the first secondhand car hypermarket in France. With an objective of 12,000 cars sold a year, the project would include 1,150 car park units reserved to the display of recent vehicles of all brands, on a 4.5-hectare piece of land in Saint-Ouen l'Aumone . The future unit might be operational in the early of 2000.

Comment:

Carevia announces an investment of FFr 80mn to set up one of the first secondhand car hypermarket in France

Product introduction, Carevia

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