Private | |
Industry | Retailing |
Founded | 1894 |
Headquarters | Rungis, France |
Key people
|
Serge Papin |
Products | Super U, Marché U, Super U, Utile |
Revenue | $19.692 billion (2009) |
Website | http://www.magasins-u.com/ |
Système U is a French retailers' cooperative, comprising about eight hundred independent hypermarkets and supermarkets, headquartered in the Parc Tertiaire SILIC in Rungis, France.
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, rising to 15.6 billion euros in 2007; this makes the company the sixth largest retail group in France.
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 three brands found within Système U: