Casino news

Casino has reported group sales up 15.9% and an 18% increase in trading profit for 2013. In France, sales were up 5.7% and Casino said it had an "excellent performance internationally." Recovery of activity in France In the crucial home market, Casino reported improvements at both Géant hypermarkets and Casino supermarkets. E-commerce continued to grow, with Cdiscount reporting total ...

As part of its Q4 2013 results, in which it reported double digit growth in gross revenue for both the Consolidated and Food businesses, Grupo Pão de Açúcar said it has "definitively selected the multichannel approach as our strategic priority." Food retail recorded best performance of the year GPA Consolidated reported gross revenue growth of 14.6% in Q4 2013, with the Food business ...

As we launch a new hypermarkets and supermarkets hub page and insight presentation, we report on three strategies being used to drive growth at hypermarkets and supermarkets. 1. New ways to define value A number of retailers globally are finding that value-focused large formats are hitting a growing sweet spot with shoppers. From the growth of the atacadista format in Brazil from Casino and...

Grupo Éxito, Casino's Colombian business, has acquired 50 discount stores from regional retailer Super Inter. Includes full acquisitions and licence agreements Éxito has entered into an agreement with Super Inter's parent company, Comercializadora Giraldo Gómez y Cía, which will see it acquire ownership of 19 stores and licence agreements to operate 31 others, for a period of five years. Éxi...

Thailand's Central Group expands its footprint in Vietnam, the latest retailer to seize the opportunities in the Vietnamese market. First overseas Robinson department store for Central Retail Whilst Central Retail already has a retail presence in Vietnam, this is the first Robinson department store to open overseas, which will operate under the banner Robins. Located in Hanoi's Royal City ...

The Argentine government has introduced restrictions on online shopping, as it seeks to stop its reserves of foreign currency falling further, while the Venezuelan government is implementing changes to its foreign currency system.  No more home deliveries Argentine customers buying from websites like eBay and Amazon will no longer have their purchases delivered to their home addresses. ...

Monoprix has reported a 1.1% rise in turnover for 2013, and has outlined plans for 2014 which include maintaining a fast pace of expansion. Online turnover up 26% Overall, turnover was EUR4,263m. The best performer was monoprix.fr, which reported an increase of 26%, against 23% for Naturalia and 14% for Monop'. Stéphane Maquaire, CEO of Monoprix, said food and health & beauty sales were...

Casino is set to launch a new ecommerce site in Vietnam and Thailand. Partnership to extend ecommerce footprint In the coming weeks pure play ecommerce sites will launch in both Vietnam and Thailand, through a partnership between Big C and Cdiscount, a leading French ecommerce player and subsidiary of Group Casino. Seizing opportunities in market with big potential The Bangkok post r...

Sales grew 5.4% to THB 118.2bn (USD 3.6bn) despite challenging conditions in the Thai market. New stores fuelling growth Store expansion was a key growth driver for the retailer, with same store sales remaining flat year on year. During the year, Big C opened 6 new hypermarkets, 12 Big C Market supermarkets, 153 Mini Big C convenience stores and 41 Pure drugstores. Political unrest i...

Following Casino's full year and Q4 sales release today, we look at the group's performance in Latin American markets. Across the region, same-store sales improved compared to Q3 Same-store sales (excluding petrol and calendar effect) were up 12%, a strong increase compared to +9.6% in the third quarter; this particularly reflected GPA's performance in Brazil. Same-store sales also impac...