Casino news

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...

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 ...

Casino Group announced on 20 March it had come to an agreement with Aldi France regarding the sale of 567 Leader Price stores and three warehouses. Stores to be converted to Aldi branding The transferred stores will be converted to the Aldi banner. Casino Group will remain the owner of the brand Leader Price, used through private label products, currently sold across some of the group’s for...

As Casino and Auchan appoint new executives and Cdiscount launches a new service in partnership with Shopify, we round up news from the country. Casino changes management team in France… Casino has appointed Philippe Fradin as executive director of its hypermarkets, three months after he left a similar role as executive director general of both Géant hypermarkets and Casino supermarkets. He...

GPA has reported gross revenue of BRL59.1bn (US$14.2bn) for 2019, representing solid growth of 10.3%. In this article we explore five key themes underpinning its performance. 1. Atacarejo continues to drive solid growth GPA’s atacarejo (cash and carry) banner Assaí continues to be the business’s highest performing subsidiary. Assaí’s gross revenue reached BRL30.4bn (US$7.3bn) in 2019, repre...

Affected by store disposals and an increasingly competitive market, Casino reported total sales contracted in Q4, by 1.4% to €9.2 bn. At a group level, organic growth rose by 3.6% and same-store sales were up by 1.6%, with both driven by its operations in Latin America. France: performance affected by store disposals… Casino reported total sales contracted by 4.0% in its home market, with o...

As Casino looks to compete head on with Carrefour, through the introduction of the Casino #Bio banner, and it aims to encourage more shoppers online, we round up news from the retailer. Casino adds Casino #Bio France-based trade publication Lineaires has reported that Casino has updated a Casino Shop to a new banner, Casino #Bio. The 216 sq. m store in Issy-les-Moulineaux carries 4,000 SKUs...

Trade publication LSA has reported on how Casino and its pure online subsidiary, Cdiscount, have collaborated to create la Nouvelle Cave, a specialist store for wine, beer and spirits. It sets out how the two parties have combined to bring together elements of store based and digital retailing in one place. Offering something new for the specialist channel The 125 sq. m store, which opened ...

Following in-store developments and the aim to adapt its private label products, we round up news from France-based Casino. New le drugstore parisien opens in Paris Casino has opened its latest le drugstore parisien in the shopping centre in Saint-Lazare station. The new 200 sq. m store, which makes it smaller than previous examples, has strongly evolved the brand’s concept and offer, while...

As the retailer’s leading banners launch a range of new stores, we look at the new designs being rolled out by Casino and its Franprix and Monoprix banners. Casino introduces lunch-focused store Trade publication LSA has reported on the launch of Casino #PauseDéj! a store focused on meeting shoppers’ lunchtime needs. The trial, which has been running since 2 September, has seen the retailer...