Casino news

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...

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...

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...

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...

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...

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...

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...

Casino-owned Cnova has reported a strong performance in its first quarter, with growth driven by the number of users buying through its marketplace rising strongly. Marketplace represents 46% of GMV sales in Q1 2021 Cnova reported traffic, in millions of visits, increased by 18.9% to 294m in Q1 2021. More visits led to more orders, with the number rising by 16.9% overall, but with orders ov...

The convenience channel remains a great opportunity for growth. We have published a series of new reports for our IGD Retail Analysis subscribers: The convenience channel’s global outlook Global growth opportunities Multiformat retailers trading convenience stores Below are some of the key highlights to help you plan for the future... Use IGD’s view to drive change...

As Casino looks to grow its presence and innovates with its proximity estate, we look at four new innovations being rolled out by the retailer in France. Monoprix opens Pedestrian Drive in Paris Following the format’s expansion by other retailers, Monoprix has opened its first Pedestrian Drive in Paris. The service will be for shoppers who have signed up to Monoprix Plus and will enable the...