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Carrefour sets up in Mongolia with its partner Altan Joloo and opens two stores, one hypermarket and one supermarket in Ulaanbaatar www.carrefour.com
Carrefour International Partnership strengthens its international presence and announces the opening on February 17th of its first two stores in Mongolia with Altan Joloo and its subsidiary Sansar, under the banner Carrefour (hypermarket) and Carrefour Market (supermarket).
Thanks to this partnership, Carrefour banners are deployed in Mongolia and allow all Sansar stores, more than 20 to date, to have access to Carrefour brand products.
Ms. Oyundari Enkhbaatar, CEO of Altan Joloo Trade LLC, said : “We are extremely proud and delighted to partner with Carrefour, one of the world's leading retailers. We plan to rebrand our 20 Sansar stores and create a minimum of 20 new Carrefour supermarkets and hypermarkets in the coming years to strengthen our position in Mongolia. Thanks to these new Carrefour stores, we will offer a large range of products at competitive prices, including
fresh products, a strong variety of Carrefour private label items and a wide selection of French wines. Our goal is to offer the best affordable products in all our stores to benefit every household and offer real value and solutions to the rising cost of living in Mongolia”.
M. Patrick Lasfargues, Executive Director of Carrefour International Partnership, said :“Thanks to this new Partner, Altan Joloo, we are very happy to keep strengthening our international presence, with the opening of the first Carrefour stores in Mongolia, in the
framework of our 2026 strategic plan to enter more than 10 new markets. These first two stores represent an important step towards our goal to meet Mongolian customers’ expectations and bring them the best of Carrefour, including high-quality products at the best prices.”
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About Altan Joloo Trade LLC
Altan Joloo Trade LLC is a subsidiary of Altan Joloo Group and has been operating the Sansar supermarket chain for the last 25 years in Mongolia (20 stores). Altan Joloo Group operates in the
fields of brewery, import, distribution, construction, and retail businesses. Altan Joloo Trade L LC has been consistently listed and consecutively ranks higher as one of the top 100 companies in Mongolia, as per the annual evaluation by the Mongolian National Chamber of Commerce and Industry.
About the Carrefour Group
With a multi-format network of over 14,000 stores in nearly 40 countries, the Carrefour Group is one rof the world's leading food retailers. The Carrefour International Partnership entity manages all of the Carrefour Group's franchised partners around the world, active in 39 territories with 1,950 stores. The Group recorded revenue of €90.8 billion in 2022. Its network of consolidated stores has more than 350,000 employees who help to make Carrefour the world leader in the food transition for everyone, providing everybody with access to high-quality, affordable food every day, no matter where they are.
In total, more than 500,000 people work for Carrefour throughout the world. For more information, visit www.carrefour.com, or find us on Twitter (@GroupeCarrefour) and LinkedIn (Carrefour).
Published Date:2023-02-19
