Casino news

16 July 2015
France-based Casino has announced second quarter results saying that total sales had fallen by 1.5% to €11.76 billion. While the retailer noted that it had made a sequential improvement in France, with the second quarter’s contraction in total sales of 0.4% an advance on the 2.1% contraction in the first quarter, it was not enough to offset the weakness in its Brazil-based electronics division, w...
15 July 2015
GPA's Assaí concept continues to outperform, with sales growth of 25.7% in the second quarter of 2015. Elsewhere, net sales were up 6% at constant rates, with sales in the food segment up 7.6%. Same store sales and expansion key for Assaí The second quarter came up against tough comparisons from the corresponding period in 2014, in which the World Cup and Easter boosted sales. A more ca...
14 July 2015
Big C Thailand has reported half year sales of THB 60.4bn, representing 0.1% sales growth, despite LFL sales declining 1.1%. Food sales remain strong, with GM declining In Q2, Big C Thailand saw sales hit THB 30.7bn, a decline of -1.5% compared to the year before, or -1.8% on a LFL basis. Although the food business remained strong, with positive LFL sales growth and customer numbers incr...
09 July 2015
Casino introduces a new offer for customers, consolidates buying hubs and announces rapid expansion plans for the Monoprix banner. Introducing a new customer offer to Casino stores Casino and Starbucks have signed a contract to open 100 Starbucks outlets in Casino stores across France. The Casino group currently has over 10,000 stores in France, with 127 G eant Casino hypermarkets a...
25 June 2015
We review the issue of consumer trust, the key theme which was discussed during the first day of the annual Consumer Goods Forum Global Summit in New York. Highly trusted brands can drive growth and value creation With the conference theme set as ‘trust as a foundation for growth’, conference presentations from both outside and inside the industry explored the importance of the issue. Drawi...
23 June 2015
Grupo Éxito has opened its first two express convenience stores in Montevideo, Uruguay, under the banner Devoto express. Strengthens presence in Uruguay Éxito already operates 110 express stores in its home market of Colombia, and is extending the successful format as part of its international growth strategy. Devoto express stores are around 200 sq. m, with more than 3,500 lines. Éxito'...
16 June 2015
Casino has unveiled a new look for Géant, covering branding and format aspects of the hypermarket fascia. Evolving the Géant identity Having worked extensively in recent years to establish itself as price leader, Casino said it is continuing the transformation with a new visual identity. It has developed a new logo for Géant, removing the character that previously featured, to create a mo...
29 May 2015
Grupo Éxito's net revenues were up 28.4% to COP3,091,400m (USD1,199m)  in Q1 2015, including the consolidation of Grupo Disco and Super Inter sales. Same store sales were up 3.4% in Colombia and 11.5% in Uruguay, in local currency terms. Net profit was down 29.2% to COP69,961m (USD27m), affected by a one-off tax increase. Relaunched loyalty scheme proving attractive Éxito relaunched its...
12 May 2015
Grupo Éxito, Casino's Colombian business, is investing COP100bn (USD42m) over three years with the Carulla banner at the heart of its expansion plans. Opening 10 Carulla stores this year Managing director of Carulla David Collas said the expansion plans include opening 10 Carulla supermarkets in 2015, renovating various stores and entering medium sized cities that, according to the reta...
11 May 2015
GPA is investing BRL100m (USD33.5m) to overhaul its hypermarkets, simplifying the model and making it more attractive to customers. Aiming to deliver a better shopping experience Laurent Cadillat, executive director of Extra, said the project was based on "a comprehensive study of consumers and their expectations for the hypermarket model." GPA has created a special team to manage the ...