French supermarket chain Systeme U is set to expand its convenience business with the aim of generating over €3 billion ($3.3 billion) from convenience store sales by 2020, according to articles in Rayon Boissons and ESM. To achieve this objective, the retailer is reported to be establishing a dedicated team with a view to launching the new concept in early 2016. The strategy is said to focus on developing three …
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Systeme U
French retail chains Auchan and Systeme U are to extend their alliance by potentially implementing a new set of franchising agreements, encompassing store rebrandings, according to a report in LSA. Auchan is said to be proposing a new arrangement that would see 70 Hyper U hypermarkets adopt the Auchan name, operating under a 10 year franchise. According to reports, the deal would also see stores in Auchan’s Simply Market chain …
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