NEWS WATCH

Auchan to Close U.S. Storesretailer Auchan said last week it will close its only two hypermarkets in the United States, both here, within the next three months. The company said increased competition over the past two years has reduced the growth potential for the two stores, which it said are losing money. Auchan opened its first U.S. hypermarket here in 1988, its second in Chicago the following

Auchan to Close U.S. Stores

retailer Auchan said last week it will close its only two hypermarkets in the United States, both here, within the next three months. The company said increased competition over the past two years has reduced the growth potential for the two stores, which it said are losing money. Auchan opened its first U.S. hypermarket here in 1988, its second in Chicago the following year (and sold it in 1991), and its third here in 2000. When the first one opened,

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