Auchan, Miskolc Commercial

Total Page:16

File Type:pdf, Size:1020Kb

Auchan, Miskolc Commercial Commercial Auchan, Miskolc Background Results Groupe Auchan is a French international retail group and The SolarWall ® systems are projected to save Auchan multinational corporation headquartered in Croix, France. over 245,000 kWh of energy annually and offset 59 tons It is one of the world’s largest retailers, with over 356 of CO 2 per year. Natural gas consumption will decrease hypermarkets and 646 supermarkets in 12 countries, and by 27,900m 3 per year. An additional benefit of the Solar- over 179,000 employees in Europe and Asia. Auchan has Wall system is improved building insulation. The perform- a comprehensive environmental policy in place with the ance of the system does not diminish throughout the life goal of reducing energy consumption at all of its stores, of the system (30 years), and there is zero ongoing main- and favoring more eco-friendly purchases. With this in tenance required. Auchan is demonstrating their solid ® mind, the SolarWall solar air heating technology was commitment to reducing energy consumption and to low- recognized as meeting their requirements and recom- ering their ecological footprint, and the company is con- mended for a new hypermarket in Miskolc, Hungary. sidered to be a role model for other retailers. Solution As a result of the success of the original SolarWall project in Miskolc, additional SolarWall systems are being in- This was Auchan’s first SolarWall ® system and the first stalled at other Auchan facilities. SolarWall installation in Hungary (completed in November 2008). The SolarWall system was specified in aluminum and spans over 522m 2 (5,620ft 2) on the south facing façade. Auchan’s system is comprised of two sections; 260m 2 (2,798ft 2) and 262m 2 (2,820ft 2) providing 41 000 m3/h of preheated air which is ducted into the ventilation system on the roof. The SolarWall collector panels are a grey color, which was chosen to compliment the desired color scheme of the building. U.S.A. Canada Europe Conserval Systems Inc. Conserval Engineering Inc. SolarWall Europe Sarl. 4242 Ridge Lea Rd, Suite 28, Buffalo NY 14226 200 Wildcat Road, Toronto, ON M3J 2N5 66 Avenue des Champs Elysees P: 716-835-4903 F: 716-835-4904 P: 416-661-7057 F: 416-661-7146 75008 Paris, France E: [email protected] E: [email protected] E: [email protected] www.solarwall.com www.solarwall.com www.solarwall.eu SolarWall® systems are patent protected. SolarWall® is a registered trademark of Conserval Engineering, Inc. .
Recommended publications
  • Global Vs. Local-The Hungarian Retail Wars
    Journal of Business and Retail Management Research (JBRMR) October 2015 Global Vs. Local-The Hungarian Retail Wars Charles S. Mayer Reza M. Bakhshandeh Central European University, Budapest, Hungary Key Words MNE’s, SME’s, Hungary, FMCG Retailing, Cooperatives, Rivalry Abstract In this paper we explore the impact of the ivasion of large global retailers into the Hungarian FMCG space. As well as giving the historical evolution of the market, we also show a recipe on how the local SME’s can cope with the foreign competition. “If you can’t beat them, at least emulate them well.” 1. Introduction Our research started with a casual observation. There seemed to be too many FMCG (Fast Moving Consumer Goods) stores in Hungary, compared to the population size, and the purchasing power. What was the reason for this proliferation, and what outcomes could be expected from it? Would the winners necessarily be the MNE’s, and the losers the local SME’S? These were the questions that focused our research for this paper. With the opening of the CEE to the West, large multinational retailers moved quickly into the region. This was particularly true for the extended food retailing sector (FMCG’s). Hungary, being very central, and having had good economic relations with the West in the past, was one of the more attractive markets to enter. We will follow the entry of one such multinational, Delhaize (Match), in detail. At the same time, we will note how two independent local chains, CBA and COOP were able to respond to the threat of the invasion of the multinationals.
    [Show full text]
  • Making the Most of Your Auchan Relationship AGENDA
    detailed AGENDA Winning with Auchan in Europe, Russia and China | 12 June 2014 | Prague, Czech Republic Making the most of your Auchan relationship Kantar Retail’s one-day workshop is designed for in-market Modern Trade Directors, Sales Directors and Auchan local Account Managers from Poland, Italy, Spain, France, Hungary and Romania and International Directors who want to learn how Auchan will lessen its dependence on big box retailing and develop more convenient and appealing formats for today’s shoppers. Gain specific, actionable insights that you can apply to your business immediately: • Discover which markets will deliver growth for Auchan, and why • Evaluate Auchan’s formats and sub-formats by • Auchan’s takeover of Real hypermarkets, expansion sales productivity into smaller hypermarket city formats and its invest- • Learn how new developments inside the organisation ment into Drive and eCommerce all show that Auchan and changes in the HQ management team will impact is a flexible retailer in the way its responds to competi- decision-making roles and responsibilities tive pressures. Do you recognise the different approaches Auchan is taking and are your plans • Benchmark Auchan’s competitive set in Central aligned for success? Europe, Russia and China and know which retailers can compete on price and assortment • Explore how Auchan’s Online and Drive initiatives The Auchan Workshop is led by industry experts measure up versus other European grocery retailers Vadim Khetsuriani and Ray Gaul. National vs. European decision-making makes Ray Gaul is Vice President of Research & Auchan a flexible, competitive retailer Analytics and orchestrates Kantar Retail’s European retail insights.
    [Show full text]
  • Retail Food Sector Retail Foods France
    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 9/13/2012 GAIN Report Number: FR9608 France Retail Foods Retail Food Sector Approved By: Lashonda McLeod Agricultural Attaché Prepared By: Laurent J. Journo Ag Marketing Specialist Report Highlights: In 2011, consumers spent approximately 13 percent of their budget on food and beverage purchases. Approximately 70 percent of household food purchases were made in hyper/supermarkets, and hard discounters. As a result of the economic situation in France, consumers are now paying more attention to prices. This situation is likely to continue in 2012 and 2013. Post: Paris Author Defined: Average exchange rate used in this report, unless otherwise specified: Calendar Year 2009: US Dollar 1 = 0.72 Euros Calendar Year 2010: US Dollar 1 = 0.75 Euros Calendar Year 2011: US Dollar 1 = 0.72 Euros (Source: The Federal Bank of New York and/or the International Monetary Fund) SECTION I. MARKET SUMMARY France’s retail distribution network is diverse and sophisticated. The food retail sector is generally comprised of six types of establishments: hypermarkets, supermarkets, hard discounters, convenience, gourmet centers in department stores, and traditional outlets. (See definition Section C of this report). In 2011, sales within the first five categories represented 75 percent of the country’s retail food market, and traditional outlets, which include neighborhood and specialized food stores, represented 25 percent of the market. In 2011, the overall retail food sales in France were valued at $323.6 billion, a 3 percent increase over 2010, due to price increases.
    [Show full text]
  • Tesco, Carrefour Waste No Time in Trying to Leverage Power Of
    From the pages of Produce Business UK It’s official. Tesco and Carrefour have joined forces, entering into a formal long- term, strategic alliance that is slated to become operational in October. In an official release from Tesco, the alliance is said to cover the strategic relationship with global suppliers, the joint purchasing of own brand products and goods not for resale. Amid tough competition in the produce sector, the partnership has been strategically formed to reduce the cost of their supply by strengthening key relationships with global suppliers. This ultimately will give both Tesco and Carrefour exclusive leveraging power to bring product quality, selection and ultimately lower price points to its customers. Each of the two companies is said to continue to work with supplier partners at both a local and also a national level. “This strategic alliance between Carrefour and Tesco is a major agreement as it combines the purchasing expertise of two world leaders, complementary in their geographies, with common strategies," says Alexandre Bompard, Chairman and CEO of Carrefour Group. "This agreement is a great opportunity to develop our two brands at the service of our customers. This international alliance further strengthens Carrefour, allowing it to reach a key milestone in the implementation of its strategy.” The two retailers first announced the partnership in July, stating that it aimed to improve the quality and choice of products available to its customers. One month later, they have made the deal official. The agreement will start as a three-year operational framework, effective October 2018. Cutting prices for customers FreshFruitPortal.com Aldi and Lidl are the two leading discount retail stores in the world.
    [Show full text]
  • Global Powers of Retailing 2018 Transformative Change, Reinvigorated Commerce Prefácio
    Global Powers of Retailing 2018 Transformative change, reinvigorated commerce Prefácio Bem-vindos à 21ª edição do nosso relatório anual Global As duas empresas portuguesas presentes no ranking - Jerónimo O Global Powers of Retailing analisou também a forma como as e a criação de experiências de loja distintivas e memoráveis que Powers of Retailing, no qual identificamos os 250 maiores Martins e Sonae – registaram uma evolução significativa da sua fontes de vantagem competitiva neste setor estão a ser permitam às lojas físicas, onde ainda são realizadas 90% das retalhistas do mundo e analisamos o desempenho obtido pelo posição, tendo ambas subido oito lugares. Este facto é ainda redefinidas num ambiente de acelerada mudança, onde as vendas em retalho, oferecer níveis de conveniência e variedade setor, ao nível do volume de negócios, crescimento e mais notável por ocorrer num ano (2016) em que o Euro se vantagens tradicionais de produto e escala perdem terreno comparáveis às principais plataformas de e-commerce. rentabilidade nas várias geografias, segmentos de atividade e manteve relativamente estável face ao dólar norte-americano. para as capacidades organizacionais como a inovação, formatos de loja. Recorde-se que a desvalorização cambial penalizou fortemente colaboração, integração e automação. Esperamos que a análise deste estudo seja tão entusiasmante os retalhistas da zona Euro no ranking do ano passado, tendo para o leitor como foi para nós produzi-lo e que o mesmo No período analisado nesta edição, correspondente ao último as suas vendas acumuladas convertidas em dólares decrescido Entre as principais tendências identificadas no relatório possa providenciar uma visão global dos desafios que se ano fiscal encerrado até junho de 2017 das empresas incluídas 14% face ao ano anterior.
    [Show full text]
  • Groupe Auchan / Magyar Hipermarket Regulation (Ec)
    EN Case No COMP/M.6506 - GROUPE AUCHAN / MAGYAR HIPERMARKET Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 18/04/2012 In electronic form on the EUR-Lex website under document number 32012M6506 Office for Publications of the European Union L-2985 Luxembourg EUROPEAN COMMISSION In the published version of this decision, some Brussels, 18.04.2012 information has been omitted pursuant to Article C(2012) 2682 17(2) of Council Regulation (EC) No 139/2004 concerning non-disclosure of business secrets and other confidential information. The omissions are PUBLIC VERSION shown thus […]. Where possible the information omitted has been replaced by ranges of figures or a general description. MERGER PROCEDURE To the notifying party: Dear Sir/Madam, Subject: Case No COMP/M.6506 - GROUPE AUCHAN / MAGYAR HIPERMARKET Commission decision pursuant to Article 6(1)(b) of Council Regulation No 139/20041 1. On 9 March 2012, the European Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which Auchan Magyarország Kft (Hungary), belonging to the Groupe Auchan SA ("Auchan", France) acquires within the meaning of Article 3(1)(b) of the Merger Regulation sole control of Magyar Hipermarket Kereskedelmi Kft. ("Magyar Hipermarket", Hungary) by way of purchase of shares.2 Auchan is designated hereinafter as the "Notifying Party", Auchan and Magyar Hipermarket together as the "Parties". 1 OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the European Union ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by "internal market".
    [Show full text]
  • Auchan Retail, Groupe Casino, DIA, METRO Et Schiever Annoncent Ne
    Communiqué de presse Paris, le 15 avril 2021 Auchan Retail, Groupe Casino, DIA, METRO et Schiever annoncent ne pas renouveler en 2022 leurs coopérations mises en œuvre au travers des structures Horizon France et Horizon International Services. Après trois années d’une collaboration, qui aura répondu aux objectifs fixés initialement, au sein des structures communes Horizon Achats et Appels d’offres (pour Auchan Retail, Groupe Casino, METRO et Schiever) et Horizon International Services (pour Auchan Retail, Groupe Casino, DIA et METRO), les enseignes partenaires ont, d’un commun accord, décidé de ne pas renouveler leurs accords de coopérations pour les négociations 2022. Elles s’attacheront désormais à rechercher, chacune, une organisation à l’achat plus en phase avec leurs nouvelles orientations stratégiques. Les enseignes confirment qu’elles honoreront, jusqu’à fin 2021, l’ensemble des obligations prises avec les fournisseurs et partenaires dans le cadre des négociations déjà réalisées dans leurs structures communes. CONTACTS PRESSE AUCHAN RETAIL Antoine PERNOD + 33 (0)6 64 20 06 64 – [email protected] Groupe CASINO ANALYSTES ET INVESTISSEURS PRESSE Stéphanie ABADIE +33 (0)6 26 27 37 05 Lionel BENCHIMOL +33 (0)1 53 65 64 17 [email protected] [email protected] ou ou +33(0)1 53 65 24 78 +33 (0)1 53 65 24 17 [email protected] [email protected] Agence IMAGE 7 Karine ALLOUIS +33(0)1 53 70 74 84 - [email protected] Franck PASQUIER +33 (0)1 53 70 74 91 - [email protected] DIA Lara VADILLO +34 619226587 – [email protected] METRO Frederic BOURCY +33 (0) 14786637 - [email protected] A propos de Auchan Retail Présent dans 13 pays, Auchan Retail réunit tous les formats du commerce alimentaire (hypermarché, supermarché, proximité, drive, digital) avec 1985 Points de vente.
    [Show full text]
  • Multinational Retailers and China's Consumer Market Penetration
    Working Paper No 2016-01 – January With a Little Help from my Friends: Multinational Retailers and China's Consumer Market penetration Charlotte Emlinger & Sandra Poncet Highlights The expansion of western hypermarkets induces a relative rise in imports for retailer goods. This rise is greater for import flows originating from the retailers' headquarters countries. Our results suggest that a 20% higher multinational retailer presence, amounting to one additional hypermarket in 2012, induces a relative rise in imports in retail goods of 2.8% compared to non retail goods. The import relative gains rise to 5.6% for the multinational retailers' headquarters countries. The observed effect is consistent with the appeal of Western gastronomy and with the structuring role of retail branded products. CEPII Working Paper Multinational retailers and China's consumer market penetration Abstract We study the growing presence of multinational retailers and its role for imports in China. To identify the causal effect of foreign retailers entry on the local import intensity, we use sector and origin country level import data for a panel of Chinese cities between 1997 and 2012 and differentiate between retailer and non retailer goods, and, in a second step, we exploit information on the multinational retailers' headquarters countries. We find that a relative rise in retail imports in cities where multinational retailers settle, which is sharper for imports from the country of origin of the retailer. Our results suggest that a 20% higher multinational retailer presence, amounting to one additional hypermarket in 2012, induces a relative rise in imports in retail goods of 2.8% compared to non retail goods.
    [Show full text]
  • Country Retail Scene Report
    SPAIN COUNTRY RETAIL SCENE REPORT December 2012 KANTAR RETAIL 24 – 28 Bloomsbury Way, London WC1A 2PX, UK / Tel. +44 (0)207 031 0272 / www.KantarRetail.com INFORMATION / INSIGHT / STRATEGY / EXECUTION © Kantar Retail 2012 245 First Street 24 – 28 Bloomsbury Way T +44 (0) 207 0310272 Suite 1000 London, WC1A 2PX F +44 (0) 207 0310270 Cambridge, MA 02142 UK [email protected] USA www.kantarretail.com Index I. Key Themes .......................................................................................................... 2 II. Socio – Economic Background .............................................................................. 3 III. Key Players in the Grocery Retail Sector ............................................................ 11 IV. Grocery Retail Channels ..................................................................................... 19 V. Conclusion ........................................................................................................... 24 © 2012 KANTAR RETAIL | 2012 Spain Retail Scene | www.kantarretail.com 1 245 First Street 24 – 28 Bloomsbury Way T +44 (0) 207 0310272 Suite 1000 London, WC1A 2PX F +44 (0) 207 0310270 Cambridge, MA 02142 UK [email protected] USA www.kantarretail.com I. Key Themes National players are capturing growth and increasing concentration in Spain Despite the economic turmoil in Spain, leading Spanish grocery retailers are expected to see their growth accelerate in the coming years, led by retailers such as Mercadona and Dia, both growing at over 5% per year. Mercadona is by far the largest Spanish grocery retailer in terms of sales and has successfully adapted its strategy to the economic crisis that Spain is facing. Its impressive business model has enabled it to retain shopper loyalty and support robust physical expansion and the retailer is looking to further strengthen its domination of the supermarket channel and the grocery market overall. Due to the strong growth of two of the top five grocery retailers in Spain the dominance of a few major players will increase.
    [Show full text]
  • Carrefour 15Th November 2017 Standing at a Cross-Roads Food Retailing Fair Value EUR20 Vs
    INDEPENDENT RESEARCH Carrefour 15th November 2017 Standing at a cross-roads Food retailing Fair Value EUR20 vs. EUR22 (price EUR16.83) BUY Bloomberg CA FP France is the group’s Achilles heel and Alexandre Bompard is set to Reuters CARR.PA unveil his solutions on January 23th. At this stage, the combination of a 12-month High / Low (EUR) 23.6 / 16.5 positive timing (return to inflation?), a depressed valuation (the market Market capitalisation (EURm) 13,034 Enterprise Value (BG estimates EURm) 16,343 is valuing the French hypermarkets at a negative €3.4bn) and an event- Avg. 6m daily volume ('000 shares) 3 583 driven momentum underpin our maintained Buy opinion. Our Fair Free Float 83.4% Value (€20 vs €22) is the average of a DCF (€17.6) and a SOP (€22.5). 3y EPS CAGR -6.2% Gearing (12/16) 38% Dividend yields (12/17e) 3.43% Although the group is crippled, Carrefour’s market capitalisation does not reflect the value of its assets in our view. Based on the SOP, which enables YE December 12/16 12/17e 12/18e 12/19e Revenue (EURm) 76,645 78,813 79,950 82,493 us to appreciate the asset liquidating market value, we derive an estimated Curr Op Inc. 2,351 2,010 2,070 2,197 share price of €22.5. At the current level of €17, we conclude that the EURm) market is valuing the French hypermarkets at a negative €3.4bn. Basic EPS (EUR) 1.01 0.93 1.05 1.15 Diluted EPS (EUR) 1.40 1.06 1.05 1.15 EV/Sales 0.22x 0.21x 0.22x 0.22x Alexandre Bompard’s task is focused on the price positioning/future of EV/EBITDA 4.4x 4.5x 4.8x 4.6x EV/EBIT 8.5x 8.8x 8.5x 8.1x the hypermarkets in France (embroiled in the Leclerc trap), the re- P/E 12.0x 15.9x 16.1x 14.6x definition of the offer (too premium currently?) and the digitalisation of ROCE 8.7 7.6 7.5 7.7 the group (lost in the Amazonian forest).
    [Show full text]
  • Internationalisation of Retail, 2015
    Internationalisation of Retail, 2015 Globalisation still on the agenda for leading grocery and health & beauty players June 2015 In partnership with Planet Retail is the leading provider of global retailing information, from news and analysis to market research and digital media. Covering more than 9,000 retail and foodservice operations across 211 markets around the world, many of the world’s leading companies turn to Planet Retail as a definitive source of business intelligence. For more information please visit PlanetRetail.net All images © PlanetRetail.net unless otherwise stated. Robert Gregory Global Research Director [email protected] @RobGregOnRetail Boris Planer Chief Economist [email protected] @boris_planer Researched and published by Planet Retail Limited Company No: 3994702 (England & Wales) Registered Office: : c/o Top Right Group Limited, The Prow, 1 Wilder Walk, London W1B 5AP Terms of use and copyright conditions Content provided within this documentation which is the Intellectual Property (IP) of Planet Retail is copyrighted. All rights reserved and no part of this publication as it relates to Planet Retail’s IP may be reproduced, stored in a retrieval system or transmitted in any form without the prior permission of the publishers. We have taken every precaution to ensure that details provided in this document are accurate. The publishers are not liable for any omissions, errors or incorrect insertions, nor for any interpretations made from the document. PlanetRetail.net Internationalisation
    [Show full text]
  • Global Powers of Retailing 2021 Contents
    Global Powers of Retailing 2021 Contents Top 250 quick statistics 4 Global economic outlook 5 Top 10 highlights 8 Impact of COVID-19 on leading global retailers 13 Global Powers of Retailing Top 250 17 Geographic analysis 25 Product sector analysis 32 New entrants 36 Fastest 50 38 Study methodology and data sources 43 Endnotes 47 Contacts 49 Acknowledgments 49 Welcome to the 24th edition of Global Powers of Retailing. The report identifies the 250 largest retailers around the world based on publicly available data for FY2019 (fiscal years ended through 30 June 2020), and analyzes their performance across geographies and product sectors. It also provides a global economic outlook, looks at the 50 fastest-growing retailers, and highlights new entrants to the Top 250. Top 250 quick statistics, FY2019 Minimum retail US$4.85 US$19.4 revenue required to be trillion billion among Top 250 Aggregate Average size US$4.0 retail revenue of Top 250 of Top 250 (retail revenue) billion 5-year retail Composite 4.4% revenue growth net profit margin 4.3% Composite (CAGR Composite year-over-year retail FY2014-2019) 3.1% return on assets revenue growth 5.0% Top 250 retailers with foreign 22.2% 11.1 operations Share of Top 250 Average number aggregate retail revenue of countries where 64.8% from foreign companies have operations retail operations Source: Deloitte Touche Tohmatsu Limited. Global Powers of Retailing 2021. Analysis of financial performance and operations for fiscal years ended through 30 June 2020 using company annual reports, press releases, Supermarket News, Forbes America’s largest private companies and other sources.
    [Show full text]