Pause operations: company temporarily curtailing operations while keeping return options open
Leave Suspension
Auchan is one of the world's largest retailers with a direct presence in France, Spain, Portugal, Luxembourg, Poland, Romania, Hungary, Ukraine, Russia, Taiwan and Senegal.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionFrench retailer Auchan has registered a new trademark in Russia, which loosely translates as “Native, and that's it”. Safe to assume they will expand own brand manufacturing in Russia if not rebranding their Russian chain altogether. Auchan began negotiations on the lease of the former Henkel headquarters in Moscow. Auchan notified the Ministry of Industry and Trade about the continuation of work in the Russian Federation.
Still operating in Russia due to "unimaginable leaving from a human point of view" working for the benefit of the civilian population. The latest video investigation confirms that a French company is supporting Russia's war effort in Ukraine. The National Agency for Prevention of Corruption included the French corporation "Auchan" in the list of international war sponsors. "Auchan Retail Russia continues to work on the Russian market and does not plan to change either its strategy or its work organization. Auchan in Russia works autonomously, without investments from the parent company. There are no plans to open new stores. At the same time, all existing stores continue their work and there are no plans to close them," the retailer noted. Ceetrus, owned by the Auchan group, may sell its assets in Russia. The Ceetrus group, which owns and operates almost 300 shopping centers in Europe, is considering the possibility of selling its assets in Russia. Retailer Auchan refutes rumors about leaving the Russian market, the company continues its work in Russia and plans development in the country, the retailer said in a statement. Auchan made the corresponding statement against the backdrop of recent news about transactions in the real estate market. Earlier it became known that the French company Ceetrus, part of the Auchan Holding group, closed a deal to sell Russian assets. According to the Unified State Register of Legal Entities, from April 12, 2024, the Trade Galleries company became the new owner. “The change of founders, as well as any other structural or organizational changes occurring in third-party companies, do not in any way affect the activities of Auchan in Russia,” the release adds. The retailer also reminds that since 2023, Auchan Retail Russia has been operating in the Russian market independently from the parent company. Auchan, one of the few French chains still operating in the Russian Federation, found a local buyer to exit Russia and entered the final stage of negotiations. According to La Lettre, the Mulliez chain is in final negotiations with a local buyer for the sale of its Russian branch. The name of the buyer has not yet been disclosed, but the signing of the agreement may take place in the coming weeks. The company has not yet confirmed or denied this information. 29.10.2024: Auchan filed an application to register a new trademark.