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RT-Mart

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RT-Mart Neihu No. 2 Store, Neihu District, Taipei

RT-MART International Ltd. (Chinese: T: 大潤發流通事業股份有限公司, S: 大润发流通事业股份有限公司, P: Dàrùnfā Liútōng Shìyè Gǔfènyǒuxiàngōngsī), trading as RT-Mart (Chinese: T: 大潤發, S: 大润发, T: Dàrùnfā) is a hypermarket chain in Taiwan. Its headquarters are in Neihu District, Taipei.[1] The company opened its 23rd store in 2004.[2] RT-Mart and Auchan made a joint venture, Sun Art Retail Group Ltd.[3]

In 2010, in terms of turnover, RT-Mart turned to be the first foreign-based hypermarket chain in mainland China compared to other hypermarkets like Walmart, Tesco, Carrefour.[citation needed]

Sun Art Retail Group, a joint venture of Ruentex and Auchan, succeeded its IPO in Hong Kong Share Market in 2011. 19.4% of its capital is currently held by institutional investors and the public.

As of September 2012, Sun Art has 12% of the hypermarket share in Mainland China.[4]

On June 28 2013, as a milestone of Auchan's expansion in Asia, its 300th hypermarket under the name of RT-Mart was opened in Hechuan, province of Chongqing, China. [5]

References

  1. ^ "賣場資訊." RT-Mart. Retrieved on October 25, 2012. "台北市內湖區新湖一路128巷36號2樓"
  2. ^ Lin, Jackie. "RT-Mart opens new city-center store today." Taipei Times. Thursday December 23, 2004. Page 10. Retrieved on October 25, 2012.
  3. ^ "Tesco Stumbles With Wal-Mart as China Shoppers Buy Local." Bloomberg News. October 19, 2012. Retrieved on October 25, 2012.
  4. ^ Kwok, Donny and Emily Kaiser. "In China, foreign hypermarkets' hype well past its shelf life." Reuters. Sunday September 30, 2012. Retrieved on October 25, 2012.
  5. ^ Group Auchan "the 300th hypermarket opened in Asia." Auchan. July 1, 2013. Retrieved on January 26, 2016.