Casino news

16 January 2019
France-based, Casino-owned Cnova has released its financial results for FY2018. It has reported net sales of €2.2bn, driven by organic growth of 5.1%. The increase in organic sales was supported, it said, by the development of showroom revenues. GMV: 9.3% increase to €3.6bn Cnova reported an increase in gross merchandise volume (GMV) organic growth of 9.3% to €3.6bn. The retailer noted ‘org...
15 January 2019
France-based, Casino-owned Monoprix is set to stop printing its weekly catalogue to become more environmentally friendly. Monoprix rethinks communication strategy… The retailer has said that more than 20 billion catalogues are printed in France annually. Monoprix will discontinue the printing of its 30 million brochures, which it says corresponds to 2,400 tons of paper. The decision will he...
21 December 2018
France-based trade publication LSA has reported that Casino-owned Franprix has opened its first store in the UAE, in Dubai. Store based on Mandarine concept The 440 sq. m store is based on Franprix’s Mandarine concept. There are 6,500 SKUs, with products sold in bulk, a juice machine and roasting pan. Part of the store is adapted to suit the needs and expectations of local customers. Fra...
11 December 2018
France-based Casino has signed a deal with Natixis Payments and acquired online services start-up Stootie to expand the range of solutions met by its ecommerce subsidiary Cdiscount. Deal signed with Natixis Payments… The partnership will jointly develop an e-wallet and integrate Dalenys as payment service provider partner for Cdiscount. From 2019, Cdiscount users will be able to purchase go...
10 December 2018
Trade publication LSA has reported that Casino-owned Franprix has opened a new store located behind the Opéra Garnier in Paris. The new store includes elements of the retailer’s Darwin format and continues the evolution of the Franprix format in Paris. Store targets tourists The 300 sq. m. store offers 6,000 SKUs, of which 1,000 are Franprix private label products. It has been designed usin...
27 November 2018
France-based Casino has acquired a 5% stake in the financial technology company, Lyf Pay, for an undisclosed amount. The acquisition is part of Casino’s aim to expand its presence in the European mobile payments business. Lyf Pay is a payment solution… Lyf Pay, created in 2016, is a customer payment solution that offers payment services, loyalty programmes and discounts. The Lyf Pay solutio...
21 November 2018
Casino-owned, Colombia-based Grupo Éxito has released its Q3 results. The retailer reported an increase in consolidated net revenue of 9.5%, to US$4bn, before adjusting for exchange rate differences. The group recorded growth in each of its four operating countries; Argentina, Brazil, Colombia and Uruguay. At the end of the quarter, Grupo Éxito had a total of 1,536 stores; 29 in Argentina, 870...
15 November 2018
We look at how France-based retailers Casino-owned Franprix and Carrefour are evolving the range of online fulfilment systems they have to meet shoppers’ increasing desire to buy anytime, anywhere and have orders fulfilled when and where they want as well. Franprix extends partnership with Glovo In 2016, Franprix partnered with express delivery app, Glovo. Glovo offered an assortment of 300...
15 November 2018
Casino-owned Monoprix has launched a smartphone scan and pay service called ‘monop’easy’. The service, developed by start-up Snapp, has been introduced in 500 Monoprix and Monop stores. Available via ‘Monoprix et Moi’ Monoprix introduced the service initially in Paris in October 2017 before rolling it out nationally from the beginning of November. Monop'easy allows shoppers to scan an...
31 October 2018
Brazil-based, Casino-owned GPA has opened the first of its recently converted Compre Bem supermarkets in the state of Sao Paulo. The retailer hopes to convert a further 13 Extra supermarkets to the Compre Bem banner by the end of 2018. The store has created 300 jobs… The new Compre Bem store is in Taubaté. GPA has invested BRL6m (US$1.6m) in the 2,900 sq. m store, which has an assortment of...