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- The first hypermarket emerged in France in the 1960s, created by the Carrefour Group. It was a response to the growing demand for a one-stop-shop where customers could find everything they needed. The concept was a huge success, and soon other retailers around the world started adopting the model1. Fred Meyer, based in Portland, Oregon, is often credited with founding the first U.S. hypermarket in 19312.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The first hypermarket emerged in France in the 1960s, created by the Carrefour Group. The concept was a response to the growing demand for a one-stop-shop where customers could find everything they needed. The hypermarket was a huge success, and soon other retailers around the world started adopting the model.fastercapital.com/content/Superstore-concept--Hyp…The presence of a hypermarket can mean discount prices with profit margins that local competitors might not be able to sustain. Fred Meyer, based in Portland, Oregon, is often credited with founding the first U.S. hypermarket in 1931 when it opened its store in Portland's Hollywood District.www.investopedia.com/terms/h/hypermarket.asp
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