Casino news

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 ...

In the live broadcast of Ocado Re:Imagined, Ocado unveiled seven new innovations that will underpin its Ocado Smart Platform (OSP). “Game-changing” technology Ocado needs to improve its product to retain and attract new partners. New deals will enable Ocado to increase investment and improve the proposition, creating a virtuous cycle. Since its launch, Ocado has 10 sites live across the glo...

Early in 2021, Brazilian retailer GPA (part of the French retail Group, Casino) span off its successful cash and carry format, creating two separate retail businesses (GPA and Assaí). On October 14 (2021), it announced it was divesting its Extra hypermarket business, selling off 71 stores to Assaí, converting 28 to its supermarket banners (Pão de Açúcar and Mercado Extra) and closing the r...

As part of separate announcements, Casino has reported Q3 sales rose 1.0% in same-store terms, or by 4.1% at a total growth level, while it is set to partner with Gorillas for the quick commerce market in France. Casino Group sees sequential improvement in Q3 results Casino reported same-store growth of +1.0% in Q3, versus a contraction of -4.1% in Q2, and total sales growth of +4.1%, versu...

Brazilian retailer GPA (part of the French retail group Casino) has launched a new neighbourhood supermarket format called Pão de Açúcar Fresh. The banner, which is GPA’s third under its Pão de Açúcar brand, will specialise in selling fresh products and perishables. This news comes just two weeks after the retailer announced the sale of its hypermarket format to Assaí . “As we move ou...

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...