France news 

29 June 2022
B&M has provided a trading update for the 13 weeks between 27 March and 25 June reporting that group revenues fell 2.2%, on a constant currency basis, to £1.16 bn. Like-for-like sales in the retailer’s core UK B&M estate fell 9.1% as it had to contend with challenging comparatives versus 2021 and poor weather in 2022. April proved to be an anomaly in B&M UK’s performance In the core B&M UK ...
17 June 2022
Carrefour operates over 13,000 stores in nine different markets. The Carrefour group continues to expand its operations and partners to provide quick commerce and food delivery services. Carrefour Brazil revealed it completed the acquisition of Grupo Big in Brazil. Meanwhile, Europe’s leading q-commerce Flink SE purchased Cajoo, who partners with Carrefour to supply its private label and other ex...
21 April 2022
Carrefour reports its first quarter sales rose 9.0% to €20,239m with like-for-like (LFL) sales up by 3.4%, we look at three key takeaways from the results announcement. 1. Carrefour continues to gain market share in France, Spain and Brazil Carrefour announced it increased its sales across France, Europe and Latin America. We highlight the three countries where the retailer is gaining market ...
04 April 2022
As Casino sets out to convert 20 hypermarkets in France, partners with Just Eat in the country and launch in The Sandbox, we look at five developments from the retailer. Casino to convert 20 hypermarkets into supermarkets Local trade publication LSA has reported Casino plans to convert 20 of its remaining 81 Géant hypermarkets into Casino supermarkets. If completed, the change will mean Cas...
29 March 2022
Les Mousquetaires reported its total net sales, excluding fuel sales, rose 1.8% to €35.28 bn. Including fuel, the company said total sales net sales increased by 7.2% to €45.28 bn. The organisation’s retail division drove growth, with its Agromousquetaires agri-food division enjoying a sales increase of 0.4%, to €4.2 bn. Grocery banners see sales breach €30 bn mark (excluding fuel) Les Mous...
28 February 2022
Système U saw its turnover, excluding fuel, rise by 2% in 2021, to €22.97 bn. Including fuel, the cooperative saw its turnover increase by 6.6%, to €28.6 bn. Proximity formats and ecommerce drive performance Système U saw the turnover of its convenience stores and online channel underpin its growth, with its hypermarkets and supermarkets growing slower. However, on a two-year basis, Système...
25 February 2022
Auchan Retail reported its turnover was down by 1%, to €30.5 bn, or by 2.2% on a like-for-like basis. The retailer said its results were impacted by continued challenges in France, while following strong growth in 2020, Auchan’s results in 2021 in Spain and Portugal ‘ suffered by comparison ’. France: total sales down 2.6%, down 4.6% on a like-for-like basis Auchan’s hypermarkets continued ...
25 February 2022
France’s Casino reported group net sales fell 0.8% in 2021, at constant exchange rates, dragged down by its performance in its home market. On a two-year basis Casino said sales were up 6.9%, although even here sales in France were down, with its operations in Latin America offsetting the challenges it is seeing in its home market. France: all banners suffered fall in sales in 2021… Reporti...
24 February 2022
In an article in Le Figaro, Michel-Edouard Leclerc has discussed the retailer’s performance in 2021, saying it had seen revenue growth of 3%. Growth in 2021 comes after a contraction in 2020 Revenue growth of 3% in 2021 follows on from a contraction of 0.8% in 2020 in France, to €40.9 bn, excluding fuel. The company’s 2020 results were impacted by challenges at its hypermarkets, which suffe...
22 February 2022
Ocado Group and Groupe Casino have signed a memorandum of understanding, enabling Ocado to work with other retail partners in France. End of exclusivity agreement Ocado Group first partnered with Groupe Casino in 2017. It was the first international retailer to go live with an Ocado Customer Fulfilment Centre (CFC). The extension of the agreement between Ocado and Groupe Casino will see ...