Company type | Private company, SA |
---|---|
Industry | Retail |
Founded | 6 July 1961[1] |
Founder | Gérard Mulliez |
Headquarters | , France |
Number of locations | 2,101 points of sale[2] (2022) |
Area served | France, Spain, Portugal, Luxembourg, Italy, Poland, Hungary, Romania, Russia, Ukraine, Tajikistan, Senegal, Côte d’Ivoire |
Key people | Edgard Bonte (Chairman) |
Products | Hypermarket, Supermarket, Convenience store |
Revenue | |
€1.6 billion (2020)[3] | |
€708 million (2020)[3] | |
Total assets | €1.169 billion (2020)[3] |
Total equity | €6.704 billion (2020)[3] |
Number of employees | |
Parent | ELO |
Website | auchan-retail.com |
Auchan (French pronunciation: [oʃɑ̃]) is a French multinational retail group headquartered in Croix, France.[4] It was founded in 1961 by Gérard Mulliez and is owned by the Mulliez family, who has 95% stake in the company.[5] With 354,851 employees, of which 261,000 have 5% stake in the company, it is the 35th largest employer in the world.
The company operates under the name Auchan in France, Luxembourg, Poland, Romania, Portugal, Senegal, Ivory Coast, as Alcampo in Spain, as Aшан (Ashan) in Russia, Ukraine and Tajikistan. The company has also set up operations as Auchan in Italy, China and Taiwan.
The name comes from the first Auchan shop in Roubaix in the district of Hauts-Champs, the pronunciation of which is identical to that of "Auchan".[6]
As of 2022, 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. In 2022, the company's revenue in Russia amounted to 237 billion rubles.[7]
Auchan is a rare example of a Western company continuing to operate in Russia after the country's invasion of Ukraine in 2022,[8] as well as actively funding and supporting Russian military effort.[9][10] As a result, Ukraine’s National Agency on Corruption Prevention placed the company on its International Sponsors of War list.[11]