Management’s discussion and analysis as of December 31, 2015
First quarter 2016 sales
Expansion under banners – First quarter 2016
Openings/Store
Closures/Store
Total Q1
December 31, 2015
enlargements
Acquisitions
reductions
2016 change March 31, 2016
Thousands of sq.m.
France
5,668
14
1
(7)
8
5,676
Europe (ex France)
6,039
65
(144)
(80)
5,959
Latin America
2,258
8
(4)
4
2,262
Asia
2,734
22
(47)
(25)
2,708
Others
(1)
828
37
(3)
34
862
GROUP
17,526
145
1
(205)
(60)
17,466
Store network under banners – First quarter 2016
Closures/
Total Q1
No. of stores
December 31, 2015
Openings Acquisitions
Disposals
Transfers 2016 change March 31, 2016
Hypermarkets
1,481
7
(8)
(1)
1,480
France
242
0
242
Europe (ex France)
489
(5)
(5)
484
Latin America
304
1
(1)
0
304
Asia
369
2
(2)
0
369
Others
(1)
77
4
4
81
Supermarkets
3,462
68
1
(87)
11
(7)
3,455
France
1,003
3
1
(2)
11
13
1,016
Europe (ex France)
2,096
53
(82)
(29)
2,067
Latin America
168
0
168
Asia
29
2
2
31
Others
(1)
166
10
(3)
7
173
Convenience
7,181
122
(249)
(12)
(139)
7,042
France
4,263
29
(39)
(12)
(22)
4, 241
Europe (ex France)
2,464
78
(206)
(128)
2, 336
Latin America
404
12
(2)
10
414
Asia
8
0
8
Others
(1)
42
3
(2)
1
43
Cash & carry
172
1
1
2
174
France
142
1
1
143
Europe (ex France)
18
1
1
19
Others
(1)
12
0
12
Group
12,296
198
1
(344)
(145)
12,151
France
5,650
32
1
(41)
(8)
5,642
Europe (ex France)
5,067
132
(293)
(161)
4,906
Latin America
876
13
(3)
10
886
Asia
406
4
(2)
2
408
Others
(1)
297
17
(5)
12
309
Africa, Middle East and Dominican Republic.
(1)
2015 REGISTRATION DOCUMENT
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