Casino news

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...

As recent announcements from all the country’s leading retailers show, investment in digital commerce in France is rising. We review these developments and look at what it may mean for one of Europe’s largest online grocery markets. Système U and Amazon continuing discussions As part of the retailer’s 2017 results announcement Système U’s chief executive, Serge Papin confirmed it was co...

In separate announcements, France-based Casino has said that Monoprix has entered into exclusive negotiations to acquire a leading online shoe retailer and Franprix is set to begin a trial in Belgium. Acquisition to continue Monoprix’s digitisation Monoprix has announced it is entering exclusive negotiations to acquire Sarenza, an online shoe retailer. Sarenza, according to Casino’s press r...

France-based Casino said it maintained its organic growth performance in the fourth quarter, with sales rising 3.2%, despite the retailer suffering a 0.3% fall in total sales at a group level. The retailer’s organic growth was driven by its online only Cdiscount brand, where organic sales rose 9.1%, and Latin America, where they rose by 5.5%. France: Franprix stands out amongst stable performa...