GB ( Grand Bazar ) was a Belgian supermarket chain, until 2000 owned by the GIB Group when it was taken over by the Carrefour Group .
50-592: In 1958 the first Super GB is created and opened. In 1961 the first GB hypermarkets , the first ever stores of this format in Europe, are created under the name of Superbazar in Auderghem , Anderlecht and Bruges . These are the first hypermarkets to open outside the united States. The SuperBazar stores all were reorganized as Maxi GB in 1985. In 1997 the first GB Express is opened in Berchem-Sainte-Agathe , in
100-711: A Market store in Belgium in 2013/2014. In 2010 some of these Carrefour supermarkets were closed in a reorganization, while a few of them in Brussels and Wallonia were sold to an independent franchise together with Champion supermarkets, which became re-branded, as Carrefour Market-Groupe Mestdagh . As of May 2013, there are 58 GB supermarkets left in Belgium, 28 Champion stores in Wallonia, and 431 GB stores have already become Carrefour Market. GB Group had several different supermarket stores: This European corporation or company article
150-467: A common way to run hypermarkets. Japanese hypermarkets may contain restaurants, manga (Japanese comic) stands, Internet cafes , typical department store merchandise, a full range of groceries, beauty salons and other services all in the same store. A recent trend has been to combine the dollar store concept with the hypermarket blueprint, giving rise to the "hyakkin plaza"— hyakkin (百均) or hyaku en (百円) means 100 yen (roughly 1 US dollar ). Until
200-585: A grocery store alongside a drugstore plus off-street parking and an automobile lubrication and oil service. In 1933, men's and women's wear was added, and automotive department, housewares, and other nonfood products followed in succeeding years. In the mid 1930s, Fred Meyer opened a central bakery, a candy kitchen, an ice cream plant, and a photo-finishing plant, which supplied the company's stores in Portland and neighbouring cities with house brands such as Vita Bee bread, Hocus Pocus desserts, and Fifth Avenue candies. By
250-517: A grocery store and a department store, which was similar to the combination Bradlees and Stop & Shop stores that were around during that time as well. Others were separate stores. For instance, a multi-level Grand Way store was built on a vacant lot across from the Elmwood Park corporate headquarters while the company built a strip mall in nearby Paramus , where the Grand Way anchored one end with
300-680: A management buyout led by Hall for $ 655 million. In 1989, investment banker Gary D. Hirsch, a partner in the firm Miller Tabak Hirsch & Co. acquired a portion of the Grand Union Company with Salomon Brothers. Grand Union was Hirsch's fourth major supermarket purchase since 1987, as he had acquired the Pennsylvania-based Penn Traffic , the Syracuse, New York –based P&C Foods, and the Columbus, Ohio -based Big Bear Stores in
350-452: A minimum size of 2,500 m (27,000 sq ft). Despite its success, the hypermarket business model may be under threat from online shopping and the shift towards customization according to analysts like Sanjeev Sanyal , Deutsche Bank's Global Strategist, until 2015. Sanyal has argued that some developing countries such as India may omit the hypermarket stage and directly go online. Another category of stores sometimes included in
400-686: A significant degree of growth. The first branch was opened in Tehran under the name of Iran Hyperstar through a collaboration between Carrefour and Majid Al Futtaim Group based in The United Arab Emirates. The Emirati holding is the main shareholder with about 75% of the company's shares. New branches were established after Iran Hyperstar’s first store found relative success. Now, other branches have been established in Tehran, Isfahan, Shiraz, Mashhad, Ahvaz, etc. The average Walmart Supercenter covers around 16,500 m (178,000 sq ft), with
450-421: A surface area of 3,300 square metres (36,000 sq ft), and was later converted into a regular supermarket. The substantially larger store that opened a week later in Auderghem , Brussels, covering 9,100 m (98,000 sq ft), is regarded as a more proper hypermarket that brought the concept to fruition. It was Belgian market development engineer Maurice Cauwe [ fr ] , who adopted
500-417: A turnaround of the ailing chain. Harris had recently been an executive at A&P and at Kroger , and had an excellent reputation in the industry. Harris immediately began remodeling stores and building larger ones, which put even more stress on the company's finances and forced another Chapter 11 filing in 1998. The company emerged again in 1999 and had $ 175 million in new capital, which Harris used to finish
550-507: Is Walmart . These are the two major Canadian hypermarkets. The Belgian retailer Grand Bazar opened three hypermarkets in a short span in 1961 under the name SuperBazar after Belgian law restricting the size of department stores was abolished in January 1961. The first SuperBazar , opened in Bruges on 9 September 1961, initially designed to become a non-food department store, however only covered
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#1732868955584600-484: Is a stub . You can help Misplaced Pages by expanding it . Hypermarket A hypermarket or superstore is a big-box store combining a supermarket and a department store . The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise . In theory, hypermarkets allow customers to satisfy all their routine shopping needs in one trip. The term hypermarket ( French : hypermarché )
650-525: Is an American chain of grocery stores that does business in upstate New York and Vermont, and used to do business throughout most of the northeastern United States. It operated stores in other areas of the country, including the midwestern and southeastern states, and internationally in the Caribbean and Canada. The company was founded and headquartered in Scranton, Pennsylvania , and moved to Brooklyn , New York, in
700-621: The Jones Brothers Tea Company in 1872. By the 1930s it was one of the largest grocery chains in the United States. The name "Grand Union" was inspired by the desire to "unite shoppers with low prices in a 'Grand Union of Value ' " as described by company associate Elvin Sanders. The store's mascot was Abraham Lincoln wearing a deli apron, and most stores featured a costumed Lincoln to accomplish deeds, talk to customers, and proclaim
750-657: The NCR Corporation 's marketing campaign. In France, hypermarkets are generally situated in shopping centers ( French : centre commercial or centre d'achats ) outside cities, though some are present in the city center. They are surrounded by extensive car parking facilities, and generally by other specialized superstores that sell clothing, sports gear, automotive items, etc. After the successes of super- and hyper-markets and amid fears that smaller stores would be forced out of business, France enacted laws that made it more difficult to build hypermarkets and also restricted
800-565: The 1950s, Fred Meyer began opening stores that were 4,200 to 6,500 m (45,000 to 70,000 sq ft), and the 1960s saw the first modern-sized Fred Meyer hypermarkets. The Midwest (then grocery) chain Meijer , which today operates about 235 stores in six US states, coined the term "super center", and opened the first of its hypermarket format store in Grand Rapids, Michigan , in June 1961, under
850-448: The 1960s, when a number of supermarket chains and retailers like Sears tried to sell fuel, but it didn't generate sufficient consumer interest at the time. Today there are approximately 4,500 hypermarket stores in the US selling fuel, representing an estimated 14 billion US gallons (53 billion litres) sold each year. In Australia, hypermarkets were at their peak during the 1980s. This
900-634: The 1980s, large stores combining food and non-food items were unusual in the United States, although early predecessors existed since the first half of the 20th century. The term "hypermarket" itself is still rarely used in the US. The Pacific Northwest chain Fred Meyer , now a division of the Kroger supermarket company, opened the first suburban one-stop shopping center in 1931 in the Hollywood District of Portland, Oregon . The store's innovations included
950-579: The 21 remaining Grand Union stores in the Adirondack Region and parts of Vermont. The terms of the deal were not disclosed. On May 28, 2013, grand reopening ceremonies were held for nine stores which had been re-bannered under the Tops name. The remaining 12 stores held grand reopening ceremonies on July 2, 2013, under the Tops banner, effectively bringing an end to the Grand Union supermarket chain. In 2021, it
1000-740: The Grand Union anchoring the other. These stores were eventually closed and sold to other competitors, such as Winn-Dixie . The Elmwood Park and Paramus Grand Way stores were sold to Kmart ; both of these stores have since closed. In 1959, Grand Union's 38 stores it operated in Ontario , Canada, were sold to Steinberg's (supermarket) , a Quebec-based supermarket and department store chain. Those locations were quickly rebranded into Steinberg's grocery stores, but over time most of their former Grand Union stores were closed and moved to new stores, due to poor locations compared to local competitors. British corporate raider Sir James Goldsmith acquired Grand Union in
1050-518: The Northeast, where it was long established, were closed. Many of the medium-sized and most of the larger Grand Union stores, as well as most of the construction permits for stores that had yet to be built or finished, were sold to Ahold while C&S continued to supply the stores. At the time of the acquisition of Grand Union by C&S, Ahold had been looking to establish a presence in the Northeast as well through its Edwards Super Food Stores chain and
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#17328689555841100-636: The amount of economic leverage that hypermarket chains can impose upon their suppliers (the Loi Galland ). The predecessor to Ito Yokado was founded in 1920 selling western goods, went public in 1957, and switched to that name in 1965. Seibu Department Stores was founded in 1956, and opened up its grocery chain Seiyu Group in 1963. Isao Nakauchi founded the first Daiei in Kobe in 1957, selling clothing, electronics, furniture and groceries all in one store. Jusco
1150-600: The brand name "Thrifty Acres". In the late 1980s and early 1990s, the three major US discount store chains – Walmart , Kmart and Target – started developing similar format chains. Wal-Mart (as it was known before its late-2000s rebranding as Walmart) introduced Hypermart USA in 1987, followed by Wal-Mart Supercenter in 1988; The same year, French chains Carrefour and Auchan opened hypermarkets in Philadelphia and Greater Houston , respectively. Kmart opened its first Super Kmart Center in 1991; and Target came with
1200-459: The chain. Goldsmith also had world-renowned artist Milton Glaser complete a graphical redesign of the chain, which included the "red dot" theme. Through the new management under Hall, the chain was able to make record-making profits throughout the late 1980s. In 1987, Goldsmith sold is shareholding in Grand Union's parent company, Generale Occidentale to French conglomerate Compagnie Générale d'Electricité (CGE), and in 1988 CGE sold Grand Union to
1250-554: The company's new corporate headquarters. The store and new headquarters opened in 1951. In 1987, Grand Union moved its corporate headquarters to Willowbrook Center in Wayne , abandoning its Elmwood Park offices. Grand Union did not close the Elmwood Park store, though, and it remained in operation until 2001. In 1956, Grand Union opened a discount department store chain (called Grand Way ) in Keansburg, New Jersey . Many of these stores combined
1300-508: The concept from his frequent trips to the United States, particularly inspired from the Grand Union 's "Grand Way" center in Paramus, New Jersey . Carrefour opened its first hypermarket in 1963, at Sainte-Geneviève-des-Bois , France , The co-founders were influenced by the teachings of Colombian-born American marketing executive Bernardo Trujillo , who taught executive education as part of
1350-453: The early 1970s through his food conglomerate Cavenham Foods . Grand Union was a money loser during much of Goldsmith's time of ownership. Goldsmith presided over the closing of the Grand Way chain in 1978 and the exit of Grand Union from most of the rest of the nation outside of the Northeast and New England in the mid-1980s. In the 1980s Grand Union acquired many former A&P stores in northern New Jersey that A&P closed after acquiring
1400-446: The early 20th century. Grand Union moved again to Elmwood Park, New Jersey , and finally to Wayne, New Jersey , before the company was forced into Chapter 7 bankruptcy in 2001 and sold to C&S Wholesale Grocers . After C&S bought Grand Union, it down-scaled most of its operations, keeping only a number of stores in upstate New York and New England open. The chain was sold to Tops Friendly Markets in 2012; in 2013 Tops rebranded
1450-463: The first Target Greatland stores in 1990, followed by the larger SuperTarget stores in 1995. Most Greatland stores have since been converted to SuperTarget stores, while some have been converted into regular Target stores with the exception of 2 entrances (one example of this is the Antioch, California location). In the early 1990s, US hypermarkets also began selling fuel. The idea was first introduced in
1500-490: The former flagship in Elmwood Park, were demolished after closing and replaced with other buildings. As for the stores that remained under the Grand Union banner, they became part of a rebranded Grand Union Family Markets , complete with a new logo that discarded the 1980s "Red Dot" logo. Many of the stores did keep the Red Dot, although not all of them did. On July 19, 2012, Tops Friendly Markets announced that it would acquire
1550-448: The general splendor of the Grand Union, and to urge them to "Save the Union" when the company faced economic hardship. In the early 1950s, Grand Union merged with Great Eastern and began construction on a new shopping center in what was then known as East Paterson (now Elmwood Park ), New Jersey. The strip was to include a new Grand Union store with an office tower attached that would serve as
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1600-939: The hypermarket category are the membership-based wholesale warehouse clubs that are popular in North America , pioneered by Fedco and today including Sam's Club , a division of Walmart; Costco , in which Carrefour owned some shares from 1985 to 1996; BJ's Wholesale Club on the East Coast; and Clubes City Club in Mexico. In Europe, Makro (owned by METRO AG ) leads the market. However, warehouse clubs differ from hypermarkets in that they have sparse interior decor and require paid membership. In addition, warehouse clubs usually sell bigger packages and have fewer choices in each category of items. Grand Union (supermarket) Grand Union Supermarkets , later known as Grand Union Family Markets and often referred to simply as Grand Union ,
1650-514: The inside, it had Stop & Shop branded items on the shelves. Other supermarket chains that purchased Grand Union stores included Tops , which was at the time also an Ahold subsidiary, Shaw's , Hannaford , Price Chopper and Pathmark . Some of the other medium-sized stores were sold to department store chains such as Marshalls and Kohl's , while many of the smaller stores were sold to independent grocers and drugstore chains such as Eckerd , Rite Aid , CVS , and Walgreens . Other stores, like
1700-458: The largest ones covering 24,000 m (260,000 sq ft). A typical Carrefour hypermarket still covers 10,000 m (110,000 sq ft), while the European trend in the 2000s has rather turned towards smaller hypermarkets of 3,000 to 5,000 m (32,000 to 54,000 sq ft). In France, INSEE defines hypermarkets ( French : hypermarché/s ) as non-specialized markets with
1750-570: The metropolitan New York operations of Stop & Shop and a controlling stake in the southern grocery chain Big Star Markets . In October 1986, Grand Union leased ten stores in the Albany area from Weis Markets , including nine stores that had operated under the Albany Public Markets banner. In the mid-1980s, Goldsmith brought in former Target Corporation executive Floyd Hall to manage
1800-1032: The only hypermarket or Big-Box Store operational in Australia are Costco Wholesale Warehouses with currently thirteen stores in Australia - four stores in Melbourne , three stores in Sydney , two stores in Brisbane and one store each in Newcastle , Canberra , Adelaide and Perth , with construction underway on the fourteenth store on Queensland's Gold Coast. There were plans for German hypermarket company Kaufland to open stores in Australia announced in 2019; these plans were cancelled in 2020. Hypermarkets did not exist in Iran until 2009 (1388 ه.ش.). Before that, there were some local hypermarkets, but international branches were nonexistent. Despite their late arrival, hypermarkets in Iran have achieved
1850-523: The previous two years. Hirsch assumed the position of chairman while Joseph McCaig became CEO. Floyd Hall left upon the acquisition. Under Hirsch's leadership the company was driven into serious debt and ran out of the necessary capital for store improvements and upgrades, making it difficult for them to compete with other better financed retailers. Still, gradually, Grand Union remodeled most of its stores. Some of its older, run-down stores were closed and converted to other uses. Grand Union's big disadvantage
1900-436: The remaining Grand Union stores with the Tops logo and the Grand Union name was discontinued. After Tops and Price Chopper Supermarkets merged in 2021, the combined entity was forced to sell 12 stores to meet regulatory approval, and on November 9, 2021, C&S announced that they were purchasing the 12 stores and would convert them to Grand Union stores, reviving the brand. Grand Union started in Scranton, Pennsylvania , as
1950-703: The remodels on the stores that were still in the process and to acquire more construction permits for larger stores. He also used some of the money for new store formats, with three emerging. One was "Grand Union Fresh Market", which catered more to an upscale gourmet clientele more in the vein of its competitor Kings . Another was a discount grocery store named "Mega Save". A third was Grand Union's answer to limited selection chains such as Aldi and Save-A-Lot , called "Hot Dot". None of these ideas worked out, and again Grand Union's finances reached dire straits. In addition to this, many of Grand Union's executives were found to have been stealing money such as Don Vaillancourt, who
2000-640: The same year, Super GB Partner and Contact GB are created. In July 2000, Carrefour Group S.A. takes over the GIB Group and modernizes and rebrands all Maxi GB hypermarkets to Carrefour , the other GB stores stays under the GB brand, all those stores will also be renovated. In 2007 Super GB , Super GB Partner and Contact GB all become Carrefour GB and GB Express stores become Carrefour Express . Since 2009, Carrefour GB stores in Belgium are re-branding to Carrefour Market , all GB stores will eventually be
2050-416: The stores it wanted to as there was not enough money left. A Fishkill, New York store was sold to a ShopRite ownership group before it could open, and the construction of a store in its home area of Wayne, New Jersey, was halted for over a year. In October 2000, Grand Union filed for Chapter 11 bankruptcy for a third time. Two months later, the bankruptcy was converted to a Chapter 7 bankruptcy after it
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2100-414: Was convicted of embezzling over $ 2 million from the company in 2002. Harris was forced out in 2000 and took a job with JCPenney , who hired him to revive their Eckerd drugstore chain. Harris failed to do that as well, and Eckerd was sold to a combination of Jean Coutu Group and CVS Corporation in 2004. In addition to the now-critical debt being borne by Grand Union, the company was unable to build
2150-410: Was announced that, as part of the merge of Tops and Price Chopper Supermarkets merger, the combined entity had to sell 12 stores to meet regulatory approval. On November 9, 2021, C&S announced that they were purchasing the 12 stores and converting them to Grand Union stores, reviving the brand. As part of the announcement, it was revealed that those 12 stores will be converted to Grand Union and that
2200-754: Was coined in 1968 by French trade expert Jacques Pictet. Hypermarkets, like other big-box stores , typically have business models focusing on high-volume, low- margin sales . Typically covering an area of 5,000 to 15,000 square metres (54,000 to 161,000 sq ft), they generally have more than 200,000 different brands of merchandise available at any one time. Because of their large footprints , many hypermarkets choose suburban or out-of-town locations that are easily accessible by automobile. Loblaws established its Real Canadian Superstore chain in 1979. It sells mainly groceries, while also retailing clothing, electronics and housewares. Its largest competitor in Canada
2250-585: Was created in 1970, and eventually became known as ÆON . In Japanese, hypermarkets are known as 総合スーパー (Sougou Suupaa, General Merchandise Stores). There is a distinction in Japanese between スーパー (Supers) and デパート (Departs) with the former being discounters, but the latter selling luxury brand clothing and quite often high-end groceries as well. Hypermarkets may be found in urban areas as well as less populated areas. The Japanese government encourages hypermarket installations, as mutual investment by financial stocks are
2300-464: Was discovered that the damage Harris' failed ideas and the embezzlement scandal had done to the company left it with so little money that Grand Union could not operate or supply any of its stores. A search for a buyer began, but in spite of the filing the stores continued to do business as before. Grand Union's Chapter 7 filing had a large effect on its supplier C&S Wholesale Grocers , a New England–based wholesale food distributor of which Grand Union
2350-597: Was especially prevalent during the era of South African owned Pick n Pay Stores and a now discontinued format of Kmart Australia Stores known as Super Kmart. This trend in the Australian market soon lost its appeal into the 1990s. Super Kmart stores were discontinued and Coles Supermarkets and Kmart Stores opened in the former location. Pick n Pay continued to operate in Australia until the 2000s when their locations at Aspley and Sunnybank Hills were converted into Coles Supermarkets and Kmart Department Stores. As of 2022,
2400-469: Was initially a bidder for Grand Union. Eventually Ahold converted the Edwards stores to Stop & Shop , reintroducing the brand to the area, and later converted the Grand Union stores it acquired to Stop & Shops as well. Ahold began supplying Grand Union stores for some time prior to their rebranding. This meant that although the store retained the Grand Union sign on the outside and various other signage on
2450-464: Was its largest customer. C&S also was one of Grand Union's largest creditors, and made a stalking horse offer to take control of the company in early 2001 that was approved. Shortly afterward, C&S began reorganizing Grand Union's operations. This resulted in a consolidation that left the chain with only a relatively small number of stores in smaller cities and towns across Upstate New York and New England . In addition, Grand Union's stores in
2500-449: Was that its average store was 35,000 square feet while most supermarkets being built were over 50,000. The company also built a few larger stores. In 1995, Grand Union's ongoing financial difficulties forced the company into its first bankruptcy as it filed for Chapter 11 . In 1996, shortly after Grand Union emerged, Hirsch announced his resignation and sold his share of the company. In 1997, Grand Union brought in J. Wayne Harris to begin
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