On Wednesday, June 25th 2014, the first hypermarket under the French Auchan banner was opened in the Kurdistan Region of Iraq.
This 6,000 sqm store is part of a 106-shop mall, located near the center or Erbil [Hewlêr].
The opening of this store is based on a franchise agreement between the Auchan Group and SI Retail, one of the top retailers in the region.
SI Retail will provide to this partnership its familiarity with local market and consumers and its employee expertise. In addition to its brand, the Auchan Group will provide its know-how for the development of an attractive commercial offer.
The partnership will open another 10,000 sqm hypermarket in the coming months in Erbil’s airport district.
(Sources: SI Retail)