Système U
Supermarket chain in France / From Wikipedia, the free encyclopedia
For the cycling team, see Système U (cycling team).
"Super U" redirects here. For the New Zealand government body, see Superu.
Système U 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]
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Quick Facts Company type, Industry ...
Company type | Private |
---|---|
Industry | Retailing |
Founded | 1894; 130 years ago (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/ |
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It owns the trademarks Hyper U, Super U, Marché U 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.