France's Auchan Sets Sights On Becoming A 'Multi-Format Phygital Retailer'
Announcing its first half results, in which the retailer saw a 0.5% decrease in revenue of €25.7 billion, and a 14.0% decline in EBTIDA, Auchan said that it 'continued to make progress' on its transformation plan, Vision 2025.
In the period, the group opened 250 new stores, some 94% of which were either convenience or 'ultra-convenience' stores, including six new MyAuchan proximity outlets in Portugal, and the further rollout of its Auchan Minute concept in China.
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