Casino news

15 October 2015
Big C Thailand has reported a 4.4% decrease in sales to BHT28.4bn (US$0.8b) in Q3. Falling like-for-like sales despite higher transactions Big C was committed to offering the best value to its customers this quarter. Although this led to a lower average basket spend, the number of products sold increased by 1.9%, along with improvements in transaction numbers. In addition, trading was hea...
14 October 2015
GPA has reported third quarter sales of R$16.1bn (US$4.2bn), driven by growth in its food division. Food division outperformed the sector The food sector reported 7.3% growth, outperforming the sector according to July and August data from the Brazilian supermarket association ABRAS. Same store sales in the division were up 3.3%, improving on the performance in the second quarter and fi...
01 October 2015
As of 1 October, GPA's loyalty programme, Pão de Açúcar Mais, is launching new features and running a communication campaign to reinforce the benefits for members. Three key features of new scheme The revamped scheme, which has more than four million members, has three key features:   ability to automatically claim points at the checkout - customers will be shown, at the point o...
15 September 2015
GPA is testing a new small store format, according to Brazilian press reports. Will fill a gap in suburban areas The new format, whose name has not been revealed, would fill a gap between Minimercado Extra and Minuto Pão de Açúcar. The stores will be located in suburban neighbourhoods and are likely to sell between six and ten thousand products. Expertise in providing a premium neighbou...
09 September 2015
Big C in Thailand opens its new cost-efficient TBH1.7bn (US$47m) fresh distribution centre in Chachonengsao to complete its logistics and supply chain system whilst creating more than 1,000 local jobs, reports the Bangkok post. Strategic location The 20,000 sq m DC, opened in April, can help reduce truck journeys for suppliers as it is strategically located close to busy roads and most ...
07 September 2015
Now that Carrefour, Casino and Auchan have reported first half results, we look at progress so far in France and their key short term priorities.  Carrefour had the most positive first half Carrefour was the only one of the three to report positive sales growth in France in the first half, reporting sales growth of 6.3%, excluding petrol, with increases at all store formats. Casino's ...
03 September 2015
As Cencosud reduces the value of its assets in Brazil, as a result of deterioration in market and macroeconomic conditions, we look at how other retailers are faring in the market. Cencosud committed to Brazil despite difficulties Cencosud made the announcement as part of its second quarter results presentation, during which it revealed that revenue and supermarket same store sales dec...
30 July 2015
Casino has announced a regrouping of its operations in Latin America. Éxito will be pivot point The new organisation will be centred around Casino's Colombian operation: Éxito. Éxito is to acquire 50% of the voting shares in GPA, owned by Casino Group, and 100% of Libertad in Argentina for EUR1.7bn. Following this transaction, Éxito will fully consolidate all Casino's Latin American act...
23 July 2015
Following results last week showing more positive trading for Casino in France, we look at what's been driving the improvement in fortunes. 1. More attractive big stores During our recent visit to an updated Géant store in Annemasse, Savoie, we saw first hand the work the retailer has been doing to enhance its larger stores. More enticing counters lie at the heart of this, with confiseri...
20 July 2015
In this update, we look at what's been happening at retailers across the region in the second quarter of 2015, including new private label ranges, omnichannel developments and second quarter results. Q2 results reveal strong performances Carrefour's second quarter results once again revealed the strength of its Latin American operations. Like-for-like sales were up 7% in Brazil, wh...