Real (hypermarket)
Subsidiary | |
Industry | Retail |
Founded | 1992 |
Headquarters | Mönchengladbach, Germany |
Key people | Didier Fleury |
Products | Hypermarkets |
Revenue | €10.4 billion (2006) |
Number of employees | ~140,000 (2007) |
Parent | Metro AG |
Website | real.de |
Real (stylized real,-) is a European hypermarket, member of the German trade and retail giant Metro AG. It was formed in 1992, from the merger of chains divi, Basar, Continent, Esbella and real-kauf.
History
In 2006, Metro acquired Wal-Mart's 85 stores in Germany[1] and bought 26 Géant hypermarkets in Poland from the French retail group Groupe Casino.[2] All stores were rebranded as real,-. In November 2012, it was confirmed that Auchan will take over 91 of the Real hypermarkets in Poland, Romania, Russia and Ukraine for 1.1 billion Euro.[3]
Products
As well as food, real,- also offers a wide range assortment of household goods, electrical appliances, books, media, textiles and footwear, sports goods and stationery. In addition to branded products several own-brands are offered including discount label TiP (Toll im Preis=Great Price), mid-price real Quality, premium brand realSelection, real Bio organic products and Watson consumer electronics.
Operations
Country | First hypermarket | No. of hypermarkets |
---|---|---|
Germany | 1992 | 310 |
Turkey | 1998 | 13 |
Romania | 2006 | 4 |
In addition, the hypermarket used to have stores in Poland, Russia and Ukraine.