Casino news

18 October 2021
Earlier this year, Brazilian retailer GPA (part of the French retail group, Casino) successfully spun off its cash and carry format, creating two separate retail businesses (GPA and Assaí). On October 15, 2021, GPA entered into a binding agreement and strategic transaction with Assaí to sell the majority of its hypermarkets, which will be converted to Assaí. 71 stores to be converted to Assaí...
07 September 2021
Colombia-based retailer Grupo Éxito (part of the French retail group Casino), operates 84 stores under its premium supermarket banner Carulla. In August 2021, the business appointed Guillermo Matías Destefanis as Carulla’s new executive director. Destefanis previously managed the Devoto supermarket banner in Uruguay, which is also owned by Grupo Éxito. In recent interviews with Colombian ec...
02 September 2021
After announcing plans to launch a purchasing alliance , the partnership between Casino and Intermarché officially started on 1 September. The partnership starts ahead of the 2022 trade negotiations. Auxo to focus on range of solutions… As part of the alliance Casino and Intermarché will be purchasing goods together, but also developing digital services and producing private labels. The ...
29 July 2021
Casino has reported Q2 results showing continued pressure in its home market, even on a two-year basis, was being offset by strength in its operations in Latin America. In Q2 2021 Casino reported total sales fell by 6.5%, to €7.3 bn, with organic and same-store sales down by 2.4% and 4.1% respectively. However, the retailer did note the high basis of comparison with Q2 2020, when lockdowns wer...
08 July 2021
As Casino renews its partnership with Deliveroo and partners with Google Cloud and Accenture, we round up these and other innovations from the business. Casino renews partnership with Deliveroo… Casino has renewed its partnership with Deliveroo, which began in 2020 and will now last for an additional two years. The increased collaboration between the two companies will be at three levels. F...
02 July 2021
Given its size and population, Brazil has comparatively few convenience stores. There are a handful of forecourt convenience operators, like ampm which operates over 2,000 stores, but leading grocery convenience store players (GPA and Carrefour) have less than 400 stores combined. OXXO, the region’s largest convenience retailer, opened its first store in Brazil in December 2020 and set out amb...
21 June 2021
Since the start of the pandemic, Brazilian retailer GPA, part of France’s Casino Group, has shown impressive agility in responding to changes in consumption habits. The surge in online shopping has accelerated its digital and omnichannel strategies, which it continues to evolve at an impressive pace. In Q1 2021, the number of GPA customers using ecommerce grew by 60% year-on-year, and the numb...
07 June 2021
On Tuesday 1 June 2021, GPA (Brazil’s second largest grocery retailer) announced its partnership with Latin American ecommerce giant Mercado Libre. This news comes less than six weeks since Soriana (Mexico’s number two) partnered with the business. Who are Mercado Libre? Argentine ecommerce business Mercado Libre (Free Market) was founded in 1999 and is now the largest online buying and sel...
04 June 2021
French retailer Group Casino and Amazon have announced the launch of a new click and collect service in France. Initially available in Annecy and Clermont-Ferrand The new click and collect service will be rolled out initially in Annecy and Clearmont-Ferrand, before expanding into a dozen Casino stores by the end of summer. Amazon prime members will be able to order from a selection of mo...
10 May 2021
Casino said net sales fell by €1.1 bn to €7.1 bn in Q1 2021 versus the year before. Net sales fell by €467m in France, where strong growth at Cdiscount offset challenges elsewhere, while they decreased, in euro terms, by €680m in Latin America. However, the retailer noted the sharp improvement in its profitability during the quarter, with its EBITDA rising by €22m to €429m, driven by its on-going...