Carrefour to enter Uzbekistan in 2020 | Progresiv

Carrefour’s franchisee Majid Al Futtaim (MAF) has announced it will first Carrefour store in Uzbekistan in 2020. MAF has said it will be the first international retailer to enter the market.

MAF said it would open seven stores by the end of 2021. The company said it was aiming to open three supermarkets and one hypermarket in 2020, with two supermarkets and one hypermarket to be added in 2021. Together the stores will add 17,400 sq. m of sales area in the country.

The announcement was made following MAF signing an agreement with the largest private company in Uzbekistan, the AKFA Group. The companies said the Carrefour stores would be built in spaces owned by the AKFA Group. (retailanalysis.igd.com)