Auchan to cut 25% of GLA, the equivalent of 18 hypermarkets

Featured image of the article Auchan to cut 25% of GLA, the equivalent of 18 hypermarkets

An article by Morgane Monteiro

Publication

17 July 2024 à 16h20

Updated on 19 July 2024 à 12h09

Reading time

1 minute

Publication: 17 July 2024 à 16h20, Updated on 19 July 2024 à 12h09

Reading time: 1 minute

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An article by Morgane Monteiro

Publication

17 July 2024 à 16h20

Updated on 19 July 2024 à 12h09

Reading time

1 minute

Publication: 17 July 2024 à 16h20, Updated on 19 July 2024 à 12h09

Reading time: 1 minute

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While the transfer of 31 Casino stores to Auchan began on 14 May, Auchan (2023 sales: €32.9 billion, flat vs 2022), in a bid to rationalise costs, intends to reduce GLA in France by 25%. According to La Lettre, the reduction will affect 71 of Auchan’s 119 French hypermarkets. Running between 2025 and 2028, this affects a total 186,150 sq.m, the equivalent of 18 hypermarkets. The non-food departments of 25 hypermarkets will be reduced in 2025 (75,485 sq.m eliminated), followed by 17 in 2026...

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Featured image of the article Morgane Monteiro
Morgane Monteiro Journalist
Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

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