Home » Auchan Retail to sell Russian stores to Gazprombank Auchan Retail to sell Russian stores to Gazprombank Auchan Retail is in the process of withdrawing from Russia, with the sale of all 232 stores, according to La Lettre. While the company announced that it will remain in Ukraine, it is considering closing in Hungary, thereby shedding €4.46 billion in sales. Through Morgane Monteiro, Sophie Baqué. Published on 04 November 2024 à 10h47 - Update on 08 November 2024 à 20h04 Resources While Decathlon and Mango have continued to do some business in Russia, Auchan Retail (2023 sales of €32.26 billion, down 2% in one year, via 2,354 stores in 12 countries) is continuing closures. After selling all 19 shopping malls to Trade Galleries in April 2024, the Elo Group subsidiary entered the final phase of negotiations for the premises and goodwill of 232 Russian outlets (94 hypermarkets and 138 supermarkets),… Morgane Monteiro, Sophie Baqué Auchan RetailfranchiseGrocery retailM&ARussia Read more Ukraine: After Pandora, Yves Rocher and H&M, Zara resumes partial operations Leroy Merlin wants to give up control in Russia Mango maintains a presence in Russia through franchises
