Casino news

21 April 2016
Tesco Lotus in Thailand has set out plans to open 65 stores this year, refresh existing stores and invest in its online operations. Thailand is now Tesco's largest market outside the UK The new store openings will span both small and large format stores and see the company employ an addition 3,000 people. As well as the new store openings, Tesco Lotus will refresh 18 stores and expand it...
21 April 2016
Following its good performance in France in the first quarter, we take a look at Casino's priorities in its home market this year. 1. Evolving stores' identity Casino is rolling out a new identity for Géant hypermarkets which includes initiatives like round pricing, bulk buying and dedicated zoning in an attempt to drive basket size. Other aspects of the new image include promoting loc...
20 April 2016
In this update, we look at what happened at retailers across the region in the first quarter of 2016, including results, expansion plans, new formats and restructuring. Good start to 2016 Grupo Éxito's growth accelerated, powered mainly by Colombia's positive economic environment. We look at how it plans to grow For Carrefour , like-for-like sales were up 9.9% in Brazil and ...
15 April 2016
Carrefour and Casino both reported first quarter results this week. We look at their performance in Latin America. Casino: improvement in Latin America Food sales were up 8.3% on an organic basis. Growth at Grupo Éxito was still accelerating in the first quarter, powered mainly by Colombia where the economic environment is more positive than in Brazil. GPA reported net sales of BRL17...
14 April 2016
Groupe Casino has reported a fall of 11% in first quarter revenue, to EUR9.7bn, affected by exchange rate fluctuations in Latin American markets. Excluding the exchange rate effect, group sales were up 1.5%. Asia treated as discontinued Given that the Thai business has been divested and Vietnam is under negotiation, Casino has treated the Asia segment as a whole as discontinued. Consol...
13 April 2016
GPA has reported net sales of BRL17.8bn for Q1 2016 (USD5.1bn), up 3% and led by growth of 10.9% in the food segment, as economic difficulties continue to bite. Atacarejo chiming with market conditions Atacarejo format Assa í accelerated its total sales growth to 36.2%, from 27.8% in the previous quarter, showing its continued relevance to the market. Stores opened in the past year are m...
31 March 2016
Industry body ABRAS has revealed the much anticipated rankings of total sales for 2015. Here’s what we took from them. 1. A tough market as shoppers switch to atacarejo Sales volumes at supermarkets and hypermarkets dipped by just over 1% in 2015, following a sustained period of growth since 2003. By contrast, the growth impetus in atacarejo strengthened, with sales volumes showing double-...
21 March 2016
Following Auchan's foray into selling fresh produce via click and collect, we look at this and other developments in online retailing and Drive. Deleasy: 'delivery made easy' Deleasy launched in January and, using a model similar to that of Instacart, delivers products sold by small neighbourhood retailers. It brings together 11,000 lines, including products from Monoprix and Picard, an...
09 March 2016
Casino has reported a 1.6% increase (at constant exchange rates) to EUR46.1bn in group consolidated net sales for 2015.  France: "marked recovery" in H2 Recovery in France in the second half, particularly from Géant Casino, Leader Price, and new concepts at Franprix and Supermarchés Casino, drove organic growth. Chief executive Jean-Charles Naouri said competitive price positioning and ...
03 March 2016
As Grupo Éxito releases its Q4 results and 2016 outlook, we look more closely at how it plans to grow amidst an often challenging Latin American economic backdrop. 1. Building synergies across markets Grupo Éxito, ultimately part of Casino, became a stronger entity in 2015 as the Brazilian operations of GPA (also already part of Casino) were brought into the fold. While this makes the short...