Retail Formats
Auchan Says Hypermarket Growth Nearly Stalled: Where Will They Go?
Reporter: Zhao Xiaojuan | Photo: Visual China | Source: Interface News. Editor's note: With convenience stores and community supermarkets seeing double-digit growth, the hypermarket format's growth has nearly stalled. How will hypermarkets transform and revive? At the 18th China Retail Expo, Auchan CEO Jiang Yongfang said that specialty stores with deep category focus, such as fresh produce and fruit stores, are already eroding hypermarkets' share, challenging their remaining fresh advantage.
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