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Supermarket chain in France From Wikipedia, the free encyclopedia
Coopérative U (Système U before 2024) is a French symbol group retailers cooperative, comprising about eight hundred independent hypermarkets and supermarkets, headquartered in the Parc Tertiaire SILIC in Rungis, France.[1]
This article needs additional citations for verification. (October 2007) |
Company type | Private |
---|---|
Industry | Retailing |
Founded | 1894 |
Headquarters | , |
Key people | |
Products | Food, bazaar, textiles, cultural products, etc. |
Revenue | $19.692 billion (2009) |
Subsidiaries | Super U, Marché U, Super U, Utile |
Website | http://www.magasins-u.com/ |
It owns the trademarks Hyper U, Super U, U Express and Utile, which are used by its members. It had a pre-tax turnover of 12.7 billion euros in 2002 and 13.8 billion in 2003,[2] rising to 15.6 billion euros in 2007; this makes the company the sixth largest retail group in France. [citation needed]
It is directly descended from the Pain Quotidien ('daily bread') cooperative which was founded in western France in 1894. It arranged a strategic alliance with the larger E.Leclerc supermarket group in 1999.
There are four brands found within Système U:
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