The French food distributor Auchan, already present in Senegal and the Ivory Coast, announced on Monday that it wanted to open a first store in Algeria in the fourth quarter of 2023, which will be managed by the local group Great Way, given a possible development “a across the country.” “Before the end of the year, an Auchan brand hypermarket will open its doors in Algiers in an area of 5,000 square meters,” Auchan said in a joint statement with Great Way, which already operates in Algeria. the textile and sports sectors.
This group “contributes to the project its perfect knowledge of the country” and the sector, Auchan also indicates, according to which “greater development is already expected throughout the country.” Auchan and Great Way also intend to “promote the creation of local and responsible agricultural sectors”, and “the establishment of Auchan in Algeria will promote the development of the country’s agri-food industry”, according to the press release signed by the two entities. . .
37 stores in Senegal, 13 in Ivory Coast
Algeria “became the fourteenth country in which Auchan is established in the world”, and the third in Africa after Senegal and the Ivory Coast. In Senegal, where the brand of northern origin has been present since 2015, “it has 37 stores in addition to a commercial site added to a drive and a home delivery service.” In Côte d’Ivoire, where Auchan arrived in June 2022, it has “13 points of sale in Abidjan and Bouaké”, in addition to a particular delivery service.
The group made headlines in 2022 by refusing to leave Russia despite pressure from the Ukrainian government, which accused it of financing the Russian war effort. Last year ELO, the distributor’s holding company, recorded a modest net profit of 42 million euros in 2022, eight times less than in 2021.
Source: BFM TV
