Casino news

Casino Group has signed an exclusive agreement to merge its French retail activities with Teract A merger to create two entities Casino has announced its plans to merge with Teract, who operates a distribution network in France, focussed on garden centre / pet retail and food retail such as bakeries, organic and fresh produce specialist stores.  It is majority owned by the InVivo agricultur...

Overall, the French retailer reported net sales of €33.6 billion, a 5.2% same-store growth, as its LATAM performance supports challenges in its home market. Larger formats struggle as convenience drives growth in France The French market has become a lot more competitive on price, which has become a challenge for the Casino banners. Despite the impact of inflation, volume sales have dropped...

Casino Group has reported net sales growth of +10.6% and +5.4% on a same-store basis in Q3 2022. Convenience channel boosts sales in France In Q3 2022, Casino saw sales increase by +3.9% on a same-store basis in France, an improvement on its Q2 performance of +3.4%. Its French retail sales reached €3.6 bn in Q3. Its convenience stores showed the biggest increase in sales, as the continue...

GPA, Brazil’s second biggest retailer, and Grupo Éxito, Colombia’s leading grocer, which are both part of the French retailer Casino Group, have made it easier for customers to make healthier choices through the development of the Taeq private label range. Democratising healthier options The pandemic has been a catalyst for customers to put their health first. This has led to them conscious...

On September 5, Brazilian retail group Grupo Pão de Açúcar (GPA) announced plans to sell 83% of the shares it owns in its subsidiary Grupo Éxito, Colombia’s leading grocer. The sale is aimed at generating increased value for Éxito shareholders but should enhance the market value of GPA and Éxito alike.    GPA will retain a minority share of 13% in Éxito but has the potential to monetise its ho...

Casino Group has reported positive sales growth in Q2 to record a turnover of €15.9 bn in H1 2022, up 9.8% against H1 2021. Trading profit however has fallen 13.4%, to €380m in H1 2022. France: Convenience drives the recovery as tourism returns Net sales in French retail for H1 2022 saw a 1% increase YoY, as it reported sales of €6,935m. The retailer will be buoyed by a return to sales grow...

As Casino reveals plans to rebrand the remaining Géant Hypermarkets and progresses its omnichannel business, we look at five recent developments from the retailer. 1. Géant Hypermarkets to be rebranded with a focus on fresh Casino is in the process of rebranding its 61 remaining Géant Hypermarkets under the new banner Casino Hyper Frais. Newly rebranded stores are open in Amiens, Angers and...

As Casino sets out to convert 20 hypermarkets in France, partners with Just Eat in the country and launch in The Sandbox, we look at five developments from the retailer. Casino to convert 20 hypermarkets into supermarkets Local trade publication LSA has reported Casino plans to convert 20 of its remaining 81 Géant hypermarkets into Casino supermarkets. If completed, the change will mean Cas...

France’s Casino reported group net sales fell 0.8% in 2021, at constant exchange rates, dragged down by its performance in its home market. On a two-year basis Casino said sales were up 6.9%, although even here sales in France were down, with its operations in Latin America offsetting the challenges it is seeing in its home market. France: all banners suffered fall in sales in 2021… Reporti...

Ocado Group and Groupe Casino have signed a memorandum of understanding, enabling Ocado to work with other retail partners in France. End of exclusivity agreement Ocado Group first partnered with Groupe Casino in 2017. It was the first international retailer to go live with an Ocado Customer Fulfilment Centre (CFC). The extension of the agreement between Ocado and Groupe Casino will see ...