Casino news

As e-commerce developments continue apace around the world, we look at how Auchan and Casino are driving growth of click & collect in France. Cdiscount and Monoprix offer convenience to urban consumers Casino's Cdiscount e-commerce site has launched Pickup Station, allowing customers to collect orders from lockers at 100 SNCF train stations in the Paris region, within 24 hours of purchase. ...

Rob Cissell takes the reigns of Casino's operations in Thailand. New CEO brings wealth of experience to the role Cissell joined Big C in April as COO, and is now appointed as CEO, as predecessor Yves Braibant returns to France, continuing to work for Casino as a consultant. Cisell brings a wealth of experience to the role, previously holding senior positions including CEO of India's Rel...

GPA's president, Ronaldo Iabrudi, has said investments for 2015 should be "near or slightly above" the levels of 2014. Sustainable expansion is core focus Speaking to analysts, Mr Iabrudi said 2014 had been a complex and challenging year, however he is optimistic of ending the year well.  Investment in 2015 is likely to remain around the R$1.7bn - R$1.8bn mark (US$684 - US$725m) and will i...

We look at how retailers across Latin America have fared since the end of July, including latest channel trends, financial performance and other developments. Tough conditions, but leading retailers performing well In their third quarters, Carrefour continued its strong performances in Latin America, while GPA had to face some tough comparatives against the same period a year ea...

Boasting Latin America's third biggest population and strong economic growth prospects, we look at how Colombia is emerging as a market of opportunity. An emerging force in Latin America In the past Colombia hasn't had the best track record. But the country as a whole is on the up. Bogotá sits as the fulcrum for much of this investment, though investors are starting to look more at other p...

Grupo Éxito has reported consolidated like-for-like growth of 0.2% for Q3 2014, with an increase of 11.2% in Uruguay and a decrease of 0.2% in Colombia (local currency). Consolidated net revenues were up 4.1%. Driving growth with convenience and online Éxito is market leader in Colombia with its multiformat and multichannel strategy. It has enjoyed great success with smaller stores and with...

Brazilian shoppers are looking for deals again, as the tough economic conditions continue, and are seeking more promotions to add excitement to their shopping trip. In such a promotional environment, creating and retaining customer loyalty becomes even more important. We look at four ways in which retailers in Brazil are building relationships. 1. Cultivating the multichannel shopper GPA's...

Casino has reported total group sales of €12bn for the third quarter of 2014, up 1.6% overall and +2.8% on an organic basis. In France, net sales were down 2.6% (-1.6% on an organic basis). Internationally performance was better with organic sales growth of 6.1% and total growth of 5%. Casino's CFO Antoine Giscard d'Estaing commented: "In the third quarter we faced a challenging environment ...

In Q3 Big C delivered a resilient performance with sales growing 2.7% to THB 29.7bn, but same-store-sales continued to slip, -1.5% in the quarter. New store openings maintaining growth Big C opened three supermarkets, five convenience stores and two drugstores in the period, helping to boost sales, in a period when slow recovery in domestic consumption is dampening performance. Staying...

GPA has reported a 10.9% increase in net sales for Q3, and a 6.5% increase in same store sales (both at its consolidated business, including consolidation of Cdiscount). Tough comparisons from Q3 2013 Total net sales growth was mainly driven by new store openings and same store sales growth. A strong comparison base in Q3 2013, when same store sales were up 11.8%, and the difficult economy ...