Casino news

France-based Casino has announced plans to restructure its Latin American operations. The changes will see it control its Latin America-based business divisions in Argentina, Brazil, Colombia and Uruguay through a 41.5% stake in Brazil-based Grupo Pão de Açúcar (GPA).  GPA to acquire all shares in Éxito Through an all-cash tender, GPA will acquire all shares of the Colombia-based Éxito. The...

Brazil-based GPA is enhancing its Aliados Mini Mercado (formerly Aliados CompreBem) wholesale business through the launch of its new B2B ecommerce platform. Background to Aliados CompreBem GPA launched its Aliados CompreBem business model in July 2016, which was re-branded to Aliados Mini Mercado in 2018. The initiative was set up to enable small and midsized independent neighbourhood store...

France-based, Casino-owned Monoprix has announced that its chief executive, Régis Schultz, is set to leave the company. Schultz will be replaced by the current head of the Franprix and Naturalia banners, Jean-Paul Mochet, from 15 July. Schultz to join UAE-based Al Futtaim… As part of its announcement, Casino said: “ After three years with the Casino Group, Régis Schultz, President of Monopr...

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...

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...

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...

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...

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%,...

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...

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...