Casino news

Auchan, Casino, Metro and the Schiever Group have announced the formation of various purchasing alliances. The initiatives have been brought together under the name ‘Horizon’, which will see the four companies coordinate across three areas in France and globally. Agreements create a new ‘Horizon’ internationally… The four companies have said the initiatives are aimed at moving them away fro...

As Leader Price’s chief executive discusses the retailer’s changing model, the banner opens its first stores in Italy in collaboration with locally-based Crai. Leader Price steps away from hard discount As part of the launch of its new concept, dubbed ‘Next’, Casino-owned Leader Price is evolving its business model. The retailer’s chief executive, Tina Schuler, was quoted as saying; ‘ Low p...

Casino-owned Cdiscount and Franprix have launched new innovations within the drugstore and online channels in Paris. The initiatives underline the retailer’s continued focus on innovation and providing shoppers with new solutions. Collaboration with L'Oréal to expand beauty focus Casino has opened two stores in Paris in conjunction with beauty company L’Oréal. The stores, called ‘le drugsto...

As Crai and its affiliates launch new banners in the country, members of Conad set out their investment plans and Despar and Unes investigate private label opportunities, we round up news from the country. Leader Price launches in Italy… Crai, in conjunction with France-based Casino, has opened the first Leader Price stores in Italy, in Borgo Satollo, Como and Voghera. The three sites are p...

France-based, Casino-owned Franprix is set to collaborate with two start-ups in smart lock technology to enable it to deliver groceries into shoppers’ homes even if they are not at home. Service could add to competition in Paris Franprix has been trialling the service since April, in conjunction with concierge service ‘Clac des Doigts’ and key guard company ‘Oh my keys!’, a spinoff of La Po...

We take a closer look at GPA in Brazil and consider its latest performance and growth prospects. Assai remains the engine of growth Net revenues for GPA overall grew 7.5% to reach R$11.3bn, but this was entirely due to the stellar performance of atacarejo format Assai, where sales grew by 25.2% to reach R$5.2bn in Q1. A substantial conversion programme, with Extra hypermarkets being convert...

France-based Casino said total sales fell by 3.8% to €8.9 bn, with the performance impacted by ‘ an unfavourable exchange effect ’. On an organic and comparable sales basis, however, the retailer said they rose by 3.1% and 1.8% respectively. Casino’s positive results were driven by its food ranges in France. France: sales recovered in Q1 Casino reported total growth of 1.5%, to €4.551 bn, w...

Auchan and Casino have announced that they have entered into exclusive negotiations ‘ to build a global strategic partnership for their food and non-food purchases ’. At the same time, Casino has said that its joint purchasing agreement with Les Mousquetaires will close by the end of 2018. Joint negotiations to begin for 2019 Auchan and Casino have said that the exclusive talks could lead t...

As Lineaires reports that Casino-owned Leader Price is preparing to add further discount concessions in its parent company’s stores, the trade publication has also said that the Leader Price Express proximity format has been shrunk in recent months. The contrasting fortunes for the Leader Price brand, however, underlines Casino’s growing pragmatism about its multiple formats and banners as it ...

Amazon has announced a partnership with French retailer Monoprix, a subsidiary of Casino Groupe, to launch Prime Now in France. Amazon extends global grocery reach Prime Now customers will be able to order a range of groceries sourced by Monoprix, including private label products. It is the first French retailer to launch a partnership with Amazon. Monoprix makes over three million deliv...