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Auchan reconsiders store opening strategy in the Urals

Auchan will reconsider its plans to open a number of new hypermarkets in Yekaterinburg, in Russia, the local press reported. A spokesperson for the Yekaterinburg Deputy Mayor’s office said: “The economic crisis has made Auchan reconsider its plans to put up a number of new hypermarkets. They were going to build one in each of Yekaterinburg’s districts at first, but now they will only be able to set up two hypermarkets within a course of two to three years. They are currently finalising the details of the land allotment purchases. The new stores are to be located on the way out of town and will operate in much the same format as the existing ones.”

 www.planetretail.net

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