Far Eastern A-mart Co., Ltd. (), doing business as a.mart (), is a
hypermarket
A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including ...
chain in
Taiwan
Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...
. It is a direct subsidiary of Far Eastern Department Stores, which in turn is part of the
Far Eastern Group
Far Eastern Group is one of the biggest conglomerates in the Republic of China (ROC, Taiwan). It was founded in 1937 by Yu-Ziang Hsu during the mainland Republican period. The group spans over 10 major industries and includes 9 publicly lis ...
conglomerate. It has its head office in
Zhongzheng District
Zhongzheng District (also Jhongjheng District) is a District (Taiwan), district in Taipei. It is home to most of the national government buildings of the Taiwan, Republic of China (Taiwan), including the Presidential Office Building, Taipei, P ...
,
Taipei
Taipei (), officially Taipei City, is the capital and a special municipality of the Republic of China (Taiwan). Located in Northern Taiwan, Taipei City is an enclave of the municipality of New Taipei City that sits about southwest of the n ...
.
[愛買簡介]
" Far Eastern Geant. 10 July 2004. Retrieved on 25 October 2012. "100北市延平南路110號5樓"
It was previously Far Eastern Geant Co., Ltd. (same corporate name in Chinese),
[ doing business as Far Eastern Geant (T: 愛買吉安/愛買Geant, S: 爱买吉安/爱买Geant, P: ''Àimǎi Jí'ān'').][Lin, Jackie.]
Far Eastern Geant chief puts a stop to merger talk
" ''Taipei Times
The ''Taipei Times'' is the only printed daily English-language newspaper in Taiwan, and the third established there. Online competitors include the state-owned ''Focus Taiwan'' and ''Taiwan News''; ''The China Post'' was formerly a competit ...
''. Monday, 26 April 2004. Page 11. Retrieved on 25 October 2012. Casino Guichard-Perrachon SA owned a 50% stake in the company.[Lin, Jackie.]
Far Eastern Geant sets out aggressive expansion plan
" ''Taipei Times
The ''Taipei Times'' is the only printed daily English-language newspaper in Taiwan, and the third established there. Online competitors include the state-owned ''Focus Taiwan'' and ''Taiwan News''; ''The China Post'' was formerly a competit ...
''. Thursday, 22 March 2007. Page 11. Retrieved on 25 October 2012. In 2004 it was the third largest hypermarket chain in Taiwan.[ The store began offering a ]membership card
Business cards are cards bearing business information about a company or individual. They are shared during formal introductions as a convenience and a memory aid. A business card typically includes the giver's name, company or business aff ...
that year. Casino decided to exit Taiwan in order to focus on Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...
, Thailand
Thailand ( ), historically known as Siam () and officially the Kingdom of Thailand, is a country in Southeast Asia, located at the centre of the Indochinese Peninsula, spanning , with a population of almost 70 million. The country is bo ...
, and other rapidly expanding markets in order to gain sales growth more quickly. In September 2006 sold its 50% stake, which was worth $738 million New Taiwan dollar
The New Taiwan dollar (code: TWD; symbol: NT$, also abbreviated as NT) is the official currency of Taiwan. The New Taiwan dollar has been the currency of Taiwan since 1949, when it replaced the Old Taiwan dollar, at a rate of 40,000 old dollars ...
s, to Far Eastern Department Stores. 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.[
]
See also
* List of companies of Taiwan
Taiwan maintains a stable industrial economy as a result of economic growth and industrialization during the late 20th century, being dubbed as one of the Four Asian Tigers along with Hong Kong, Singapore and South Korea. It is a member of both ...
References
External links
A.mart
Far Eastern Géant
(Archive)
{{Supermarkets in Taiwan
Far Eastern Group
Retail companies of Taiwan
Supermarkets of Taiwan
Companies based in Taipei