Casino news

Casino has reported 2013 net sales of €48.6bn, up 15.9%, with total sales in France up 5.7% and a strong international performance, particularly in Brazil. For the fourth quarter, internationally Casino reported an "excellent performance relative to previous quarters" , and continued improvement in France. Improvements in France In France, the full consolidation of Monoprix (since 5 Apr...

GPA has revealed that strong growth in same-store sales drove a 14.9% increase in gross sales revenue for the consolidated business in Q4 2013. GPA Food reported gross revenue growth of 14.8% for the period. Continued solid performance for whole business GPA's results continued the trend from the third quarter . In Q4, the food category reported growth of 9.8% while in non-food the figu...

GPA has unveiled its vision, and view on the strategic challenges for the next three years, at an investor day held in São Paulo. Its priorities include consolidating/achieving market leadership in each operating segment, and a multichannel approach. Strategic challenges in four areas Speaking in Paris last week, chairman of the GPA board, Jean-Charles Naouri, said the group is enterin...

Jean-Charles Naouri, chairman of GPA's board, has talked about the retailer's priorities in an interview with Brazilian journalists in Paris. Accelerating development Mr Naouri said a new phase would begin now that Casino has gained full control of the GPA business, and reiterated the retailer's ongoing commitment to and pride in the market.   Priorities include cash & carry Mr Naour...

The 'Nano boutique' fascia launched in Paris in late 2013, according to French trade press. Strengthening leadership in the convenience segment is a priority Its food-focused offer means fresh produce is displayed outside, in the style of a market stall. Private label products come from Leader Price, but the store also has one or two national brands in each category. Services are also a...

Both France's Casino and Switzerland's Coop Schweiz have launched new functionality allowing customers to download vouchers directly to their loyalty card, via a smartphone. Evolution of Casino's loyalty programme Casino launched its iPhone app - mCasino - in 2010, providing a range of interactive services such as a shopping list and contactless payment. The launch of digital vouchers is ...

Carrefour has entered into negotiations to purchase Coop d'Alsace's convenience stores in France, while Casino is to acquire 47 Le Mutant stores. Exclusive talks between Carrefour and Coop Coop d'Alsace's board of directors decided, at a meeting held on 26 October, to open talks with Carrefour as part of a plan to sell its store network. Carrefour wants to retain the stores' banner, and m...

Colombia's Grupo Éxito has reported net revenue growth of 3% for the third quarter of 2013, and EBITDA growth of 8%. Accelerating e-commerce business In line with its plan to strengthen its omni-channel strategy, Éxito announced that it has converted its Tecno Lisboa store in Bogotá into a specialised distribution centre for consumer goods, e-commerce and home delivery.  The store will...

Following last week's sales release, GPA has reported earnings for the third quarter of 2013. Consolidated net income was up 70%, due to strong sales growth and streamlining of operations. Plans to continue expanding The group said it plans to invest up to BRL2bn for 2013. Over the past nine months, GPA has increased its sales area by 2.8%. It intends to expand sales area at GPA Food b...

Casino has reported sales of €11.8bn for the third quarter of 2013, up 0.1% year-on-year, with sales in France up 8.1% and down 5.2% internationally, where they were hit by unfavourable exchange rates. Recovery at Géant in France Price cuts had a greater impact in the third quarter than in the second however sales at both Casino supermarkets and Géant "rose significantly". The full conso...