Casino news

As the French government investigates plans for Sunday opening for tourists, we round up news from Auchan, Carrefour, Casino and look at El Corte Ingles’s launch of a website specifically for the market. Auchan to test pick-up points in Paris According to a report in Lineaires, Auchan is set to open a pick-up point in inner city Paris in order to create an economical alternative for both it...

Amid political unrest in the Thai market, Big C delivered 2.7% growth in the first quarter, but noted improvements on last year's Q4. New store openings driving growth Big C's sales grew 2.7% to THB 29.2bn, with new store openings offsetting declining same store sales of -2.1%. Calendar alignment partly accounts for this negative performance, whilst ongoing challenges, both political and ...

Casino has reported organic growth of +11% internationally for the first quarter of 2014. We look at its performance in Latin American markets. Brazil powers regional growth Latin America posted organic growth of +12.3% (ex. fuel and calendar effect), driven by good  performance of GPA and dynamic expansion in Brazil. A change in the average exchange rates had a negative effect of -18.4%, c...

Casino has reported group sales up 6.6% for the first quarter of 2014, with an increase of 8.3% in France. Internationally, organic growth was up 11%, driven by an increase of 13.3% in Brazil. France: Ecommerce growth reflects investment made Group consolidated net sales for the first quarter were €11.3bn, below the first quarter of 2013 due to the impact of a foreign-exchange effect, mainl...

GPA has reported an 11.9% increase in net sales for the first quarter of 2014, for the Consolidated business, and an 11.4% increase for GPA Food. New store openings are key contributor to growth For GPA Consolidated, gross sales revenue for the first quarter was up 10.8%. The opening of 124 stores over the past year, of which 24 were opened in the first quarter, was one of the main contribu...

Thai grocery retailer Big C reveals plans to drive online sales 20-30% this year, The Nation reports. Integrating online and in-store shopping Big C's online platform, launched in 2010, operates in tandem with its physical store network. Its hypermarkets double as pick-up points to complement the home delivery service. The retailer also utilises its back end logistics and warehouses to s...

You'll hear a lot about Brazil over the next couple of years, as the nation gets ready to host two of the biggest sporting events in the world: the 2014 World Cup and the Olympic Games in 2016. It's also an election year, with President Dilma Rousseff seeking another term in office this October. These factors, combined with economic improvements over recent years, are making it a growing focus fo...

GPA is to launch Clube Extra on 5 March, a rewards programme which operates across all Extra formats and online.  One of the largest single brand, multichannel reward programmes By registering for free , customers can gain points across all Extra fascias: hypermarket, supermarket, drugstore and online. They may also nominate four additional family members, aged over 16, to collect points an...

Grupo Éxito, Casino's Colombian business, opened 60 new stores in 2013, which helped increase revenues for the year by 4.6%. Continues to invest in organic growth Éxito is focusing on neighbourhood and convenience retailing as it seeks to get closer to consumers and become part of their daily lives. Two of the new stores were in Uruguay, where Éxito now operates 54 outlets. The group ende...

International activities were a highlight once again for France's Casino Group, which reported 2013 results today (18 February). The group singled out three key Latin American markets as highlights: Sales improved versus 2012 Casino said sales for Latin America were up 13.1% on an organic basis, excluding fuel and calendar effect, versus an increase of 9.4% in 2012. This compares to an incr...