A.mart
Taiwanese hypermarket chain
From Wikipedia, the free encyclopedia
Far Eastern A-mart Co., Ltd. (Chinese: 遠百企業股份有限公司; pinyin: Yuànbǎi Qǐyè Gǔfèn Yǒuxiàn Gōngsī), doing business as a.mart (愛買; Àimǎi), is a hypermarket chain in Taiwan. It is a direct subsidiary of Far Eastern Department Stores,[1] which in turn is part of the Far Eastern Group conglomerate. It has its head office in Zhongzheng District, Taipei.[2][3]
| |
Native name | 愛買 |
|---|---|
| Company type | Private |
| Founded | 1990 |
| Headquarters | , |
Area served | Taiwan |
| Parent | Far Eastern Group |
History
The company was known as Far Eastern Geant Co., Ltd. (same corporate name in Chinese),[2] doing business as Far Eastern Géant (愛買Géant/愛買吉安; Àimǎi Jí'ān).[4] The store began offering a membership card in 2004.[5]
In September 2006, Groupe Casino sold its 50% stake, which was worth $738 million New Taiwan dollars, to Far Eastern Department Stores.[6] In 2006, Far Eastern Geant was still the third largest hypermarket chain in Taiwan, with over NT$13 billion in sales; this was an 11% increase from its 2005 figures. At that time the company was still making losses.
