Monoprix

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A Monoprix location, which is the former head office of the Félix Potin company, in Paris
A Monop' location in Paris

Monoprix S.A. (French pronunciation: ​[mɔnɔpʁi]) is a major French retail chain with its headquarters in Clichy, Hauts-de-Seine, France, near Paris.[1] The company's stores combine food retailing with hardware, clothing, household items and gifts.

It was a joint subsidiary of the Casino Group and Groupe Galeries Lafayette, with both partners holding 50% of the company each from 2000, until June 2012 when Casino acquired Galeries Lafayette's stake.[2] The Monoprix group had more than 300 stores and employed around 20,000 people in France at the end of 2008.[3] It is considered an up-scale chain and its business model was the inspiration for Waitrose in the early 2000s[citation needed]. Monoprix is present in approximately 85% of all French towns with a population of more than 50,000.[3] In 2005, Monoprix had €3.3 billion in revenue.[3]

The closest comparison to Monoprix for American and British customers might be the old-style Woolco /Woolworths stores in both countries, which combined Woolworth's non-food range with a supermarket offering, or the Fred Meyer chain in the United States' Pacific Northwest.

In 1997, Monoprix purchased its main rival, the Prisunic chain.

See also

References

  1. "Informations légales." Monoprix. Retrieved on 4 February 2010. "Siège social : 14 - 16 rue Marc Bloch 92116 CLICHY Cedex"
  2. http://www.ft.com/cms/s/0/7e032c72-c203-11e1-bffa-00144feabdc0.html Financial Times article
  3. 3.0 3.1 3.2 Overview of the Monoprix group (in French)

External links