Max Hypermarket, part of Dubai-based Landmark Group, has signed a franchise agreement with French retailer Auchan Group to develop hypermarkets in the India.
The companies plan to open 12-15 new stores in a year across the country. The franchise partnership is aimed at reinforcing the business objectives of both organizations in providing customers with best of value, choice and experience. Also, the existing stores of Max Hypermarket will be rebranded “Auchan” in Q4 of 2012 and shall operate under the franchise agreement.