Monoprix Luxembourg

Luxembourg: Monoprix, a French supermarket chain, takes over Cactus Belle Etoile

Monoprix, a French supermarket chain, has taken over Cactus Belle Etoile in Luxembourg. The store reopened on Thursday after a few months of renovation.

The Monoprix store in Belle Etoile is the first one in Luxembourg. The chain has more than 600 stores in France and other countries. The store in Belle Etoile is about 2,500 square meters and offers a wide range of products, including food, drinks, household items, and clothing.

The takeover of Cactus Belle Etoile by Monoprix is part of a larger trend of French companies expanding into Luxembourg. In recent years, several French companies have opened stores in Luxembourg, including Auchan, Carrefour, and Décathlon.

The arrival of Monoprix in Luxembourg is likely to increase competition in the supermarket sector. Cactus is the largest supermarket chain in Luxembourg, with a market share of about 30%. However, Monoprix is a well-known and respected brand in France, and it is likely to attract a significant number of customers in Luxembourg.

The takeover of Cactus Belle Etoile by Monoprix is a significant development in the Luxembourg retail sector. The arrival of a new major player is likely to increase competition and give consumers more choice.