Casino news

25 November 2020
The French Competition Authority body has approved the purchase of 554 Leader Price stores (owned by Casino) by Aldi. For the Casino Group the sale is part of its ongoing debt reduction plan, which will enable it to focus on its other more profitable banners, such as Monoprix and Franprix. Aldi France to reach more than 1,400 stores and €5.5 bn turnover The purchase of 554 Leader Price stor...
13 October 2020
Casino-owned Monoprix has opened its first unstaffed store, under the Monop’ Box brand. The store is being trialed at the retailer’s headquarters, with Monoprix noting that the technology used by the store also able to be scaled up to its wider estate. The retailer said the Box will be repositioned from its headquarters to a site accessible by the public as part of a ‘live’ test. Contactles...
30 July 2020
France-based Casino reported consolidated net sales up by 10.4% (same-store basis) in Q2 driven by strong demand across France and Latin America due to the COVID-19 pandemic. However, the group saw a net loss of €87 m during the first half of the year, mainly due to increased costs.   France: same store sales growth +6.0% driven by convenience and supermarkets Total net sales decreased by 5...
24 July 2020
Casino-owned Cnova generated gross merchandise volume (GMV) of €1.05 bn in Q2 2020, a rise of 23.5% on the same timeframe in 2019 and growth of 24.8% in organic terms. Net sales were €556.0m, a rise of 18.6% in total and by 16.9% in organic terms. The share of sales accounted for by its marketplace rose to 46.3% in 2020, versus 40.1 % in the previous year. Performance accelerated in Q2… Cno...
08 June 2020
As it looks to strengthen its presence in proximity formats and in the online and digital arena, we round up news from the retailer. Casino extends Deliveroo partnership Casino is set to extend the reach of its partnership to further brands, which will see it added to a further 1,500 by 2021. The two companies have been working together in relation to several of Casino’s banners, Franprix s...
22 May 2020
Following a soft launch, which has been running since the end of March, Monoprix has introduced its new service, Monoprix Plus. The service, which is initially only available in part of Île-de-France, adds to the retailer’s existing offer, enabling shoppers to click and collect orders at one of its stores, enjoy same day delivery, with Monoprix Express, and next day delivery, through Monoprix ...
21 May 2020
Brazilian retailer GPA (part of the French retail group Casino) has reported gross revenue of BRL15.9 bn (US$2.8 bn) for Q1 2020. This represents a significant increase of 15% year-on-year (YOY). Its strong performance is largely driven by the maturation of cash and carry stores opened over the last 24 months, combined with a positive sales uplifts from optimising its core estate. Core estat...
07 May 2020
Casino France is accelerating its digital transformation. We look at the retailer’s strategy to create an innovative digital solution to enable it to offer shoppers a more personalised experience. Driving footfall, thanks to personalised and digital communication In France, one of the strongest drivers of in-store traffic are the weekly printed flyers, which highlight offers and promotions....
27 April 2020
France-based Casino said first quarter sales rose 7.9% in organic terms, while it enjoyed same-store sales growth of 6.4% across its three divisions: France Retail, Cdiscount and Latam Retail. Total net sales fell by 0.8%, to €8.3 bn, due to the store disposals and closures it undertook in 2019. The retailer, as part of its Q4 results announcement, had already removed guidance for its 2020 full f...
23 April 2020
In separate developments, Casino-owned Franprix and Auchan, which is part of the same Mulliez Group, have partnered with sports good retailer Decathlon to stock some of the latter’s range in their stores. Franprix, Decathlon partnership for key items French trade publication LSA reported that Franprix and Decathlon had formed a partnership to enable the former to stock five key products in ...