Casino news

19 November 2021
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...
05 November 2021
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...
01 November 2021
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...
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...