Casino news

24 May 2019
France-based, Casino-owned subsidiaries Cdiscount and Franprix are set to collaborate ‘ to generate unprecedented synergies across the physical and digital retail spheres ’. The combination will see the enhancement of each other’s offer and the services they are able to offer shoppers. Cooperation to provide shopper-focused solutions in the short term… Following the tie up, Franprix and Cdi...
23 May 2019
In the first quarter Grupo Éxito reported net sales of COP2.64tn (US$788.9m) in Colombia, a growth of 2.5%. Same-store sales (SSS) grew by 2%, which was mainly due to strong like-for-like performance of stores under its Éxito banner, as well as higher volume and traffic. At a group level Grupo Éxito reported a consolidated net revenue of COP14.3tn (US$4.19bn) in Q1, which represents a 3.9% i...
20 May 2019
As Monoprix expands its range of services and products, at a Group level Casino looks to monetise its data and it trials new online solutions in Lyon, we round up developments from the retailer. Monoprix partners with Foodmaker… Monoprix has partnered with Belgium-based restaurant chain Foodmaker to open its first outlet in Paris. A shop-in-shop concept from Foodmaker is being added to 84 M...
07 May 2019
GPA has announced consolidated sales growth of 12.4% for Q1, despite an unfavourable Easter calendar effect. It also reported same-store sales (SSS) growth of 7.5% and said that it had seen its strongest customer traffic growth in several periods. GPA has been optimising its store portfolio for all its multivarejo (all non-cash and carry formats) stores to better meet changing customer deman...
25 April 2019
France-based Casino has reported first quarter results saying same-store sales rose 3.0% at a Group level. A flat performance in its home market, with same-store sales, including Cdiscount, contracting by 0.1%, was offset by its performance in Latin America, especially Brazil. Casino highlights ‘strong growth in buoyant segments’ in France Casino reported total sales in France fell by 3.3%,...
23 April 2019
As the retailer looks to grow its omnichannel offer, we look at three developments from France-based Casino Group as it develops its agreement with Amazon, trials the use of robots in Paris and invests in a money management app. Casino expands Amazon partnership After the success of its partnership with Monoprix, Casino has announced ‘ the reinforcement of its partnership with Amazon ’. The...
07 March 2019
As Auchan looks to drive its Vision 2025 strategy faster it has announced operational changes in France and the launch of Horizon International Services. Meanwhile, at a local level it continues to evolve its channel presence, driving growth in its small store estate and with its online fulfilment. Horizon International Services is officially launched Following approval from the relevant co...
18 February 2019
Following the announcement it was to sell six hypermarkets to Leclerc earlier in 2019, Casino has announced further disposals. The sale of stores and its contract catering services company, R2C, will help it focus and invest on its core retailer operations, improve profitability and enable it to pay down debt. Store disposals to generate €42m Casino said it will sell 18 integrated sto...
22 January 2019
France-based Casino has announced it will sell six of its Géant hypermarkets to Leclerc for €100.5m. The hypermarkets are among the least performing… The selected hypermarkets are located outside Paris in the towns of Anglet, Castelnaudary, Castres, Cholet, Dole and Saint Grégoire. Leclerc expressed an interest in the stores when Casino first announced its decision to sell certain loss-maki...
18 January 2019
Casino has reported FY 2018 net sales of €36.6bn, up 4.7% on an organic basis and 3.0% on a same-store basis. Q4 2018 net sales were €9.9bn, up 5.1% on an organic basis and 3.6% on a same-store basis. France: protests causing a Q4 sales slowdown In Casino’s home market, Q4 2018 sales rose by 1.4% overall, up 0.2% on an organic basis and 0.5% on a same-store basis. FY 2018 sales increased by...