Casino news

GPA has reported gross sales growth of 10.4% for the consolidated business, for Q2. Gross sales for GPA Food, excluding real estate projects, were up 8.8% over the same period in 2012. Increase in expansion pace for food division GPA Food opened 29 new stores in the second quarter, up from 19 in Q1 (33 new stores for the consolidated group). GPA remains committed to expanding sales are...

Grupo Éxito's subsidiary, Grupo Disco Uruguay, has acquired the La Cabaña supermarket chain, based in El Pinar on Uruguay's southern coast. Stores located in busy tourist area This is the first Grupo Éxito acquisition since it entered the market in 2011. La Cabaña, which has been operating since 1996, is based in a busy tourist location near Punta del Este, where the population doubles in ...

French retailer Casino has received permission to take exclusive control of Monoprix, the upscale convenience and homewares format, which it previously only partially controlled. A boost to the group's convenience focus The approval of the French competition authority to take exclusive control of Monoprix is evidence of Casino's strategy to focus on growth channels. Convenience retailing i...

In an interview with Commerce Du Levant, the chief executive of ADMIC, Casino’s Lebanon-based franchisee, Michel Abchee, discussed his company’s opening of five Monop’ convenience stores in Beirut. First store producing positive results Abchee said that the first Monop’, which was opened in May 2013, was generated ‘ positive results ’. He said that the brand was differentiating itself from co...

GPA's chief executive, Eneas Pestana, has revealed plans to invest BRL2bn (USD930m) in 2013, compared to BRL1.5bn last year, as it looks to grow in the channels of online, wholesale and neighbourhood stores. Targets market leadership in online Following the launch of Extra Marketplace in March, GPA wants to increase the number of products from 100,000 now to one million in 2014. A chang...

The UAE-based franchisee of Casino’s Géant banner, Fucom, has announced that it has launched an online store selling both grocery and non-grocery items in the market. Géant Online offers shoppers full product range Fucom say that Géant Online – www.geantonline.ae – is the first time that a retailer has enabled shoppers to purchase both grocery and non-grocery ranges online in the UAE and ad...

Vietnam has been hotly tipped as one of Asia’s most attractive growth markets. Its young population, high proportion of working families and open-minded approach to adopting new lifestyle trends and products makes this an attractive market for our industry. We take a look at the opportunities and challenges this presents for manufacturers and retailers. Manufacturers already seizing the op...

Éxito has entered into agreements with a number of local retailers in suburbs of Bogotá, Colombia, to supply them with branded and private label products. New alliances have benefits for both parties The agreements will allow Éxito to extend its brand name and private label products into previously unexploited areas of the city, and into neighbourhood locations close to people's homes.  Th...

The French competition authority has given Casino the go-ahead to acquire 38 Norma discount stores, according to press reports. Stores in south-eastern France The stores are located in south-eastern France, with most of them in the region of Lyon and on the Mediterranean coast.  The transaction remains subject to "implementation of [unspecified] commitments" and the competition authority ma...

Following the release of our league table showing the top 50 grocery retailers in Europe , here are five European store visits you may have missed, but need to check out. Casino, Belles-Feuilles, France : live 'lab store' for self-scanning Casino Group is trailblazing in terms of technological innovations, with a number of initiatives launched in the past year. We visited Casino Belles-...