Casino news

19 September 2016
Cdiscount, Casino's non-food e-commerce operation, is to create a centralised purchasing platform with Groupe Conforama. Operational in time for 2017 commercial negotiations The platform, called Mano, will centralise purchases of leading international brands in household appliances, AV and IT equipment. Cdiscount and Groupe Conforama will operate their own websites independently, to main...
01 September 2016
Grupo Éxito has reported that food sales grew by 8.6% for the second quarter of 2016 across Colombia, Brazil, Uruguay and Argentina, and representing 62% of total sales. It commented on "outstanding performance" in Colombia, Uruguay and Argentina, and a progressive improvement in Brazil.  Colombia: growth reflects expansion The 8.0% growth in sales in Colombia reflects expansion over ...
03 August 2016
Casino is set to open Leader Price stores in Italy, after its subsidiary Geimex entered into a joint venture partnership with Italian retail group CRAI. Making the most of CRAI's local knowledge The agreement will see Geimex, owner of the Leader Price brand outside France, grant CRAI the franchise to operate the discount format in Italy. The first stores should open in H1 2017. Casino is...
28 July 2016
In this update, we look at what happened at retailers across the region in the second quarter of 2016, including results, format development, and new market entries. Mixed bag of results to date In Brazil, there seems to be no stopping Assaí as the atacarejo format reported 37.6% sales growth year-on-year for Q2. Proximity growth was also double digit for GPA Casino's e-commerce...
14 July 2016
Brazilian retailer GPA has unveiled strong growth across its Assaí and proximity formats and an improving, though still challenging, non-food position in its Q2 trading statement. Assaí leads the way GPA's Assaí atacarejo format has delivered stellar performances in recent trading, and this latest quarter was no exception, as sales grew 37.6% year-on-year. Growth was supported by a st...
13 July 2016
France-based Casino has said that investments made in its operations globally are driving positive results, with same-store growth recorded at its three key divisions, with only its e-commerce arm showing a contraction. The numbers… At a group level Casino saw total sales contract by 7.0% to €9.966 bn, with much of this fall driven by Latin American currencies’ depreciation against the Euro...
12 July 2016
Casino-owned Cnova has reported second quarter net sales of €665.3m, which shows a 19.2% contraction on the same period in 2015 in reported terms and by 13.8% in constant terms. The retailer’s gross merchandise volume (GMV) contracted by 3.4% at constant currencies, to €1.0 bn. Growth in France offsets impact from Brazil Cnova said that Cdiscount France grew GMV sales by 12.6%, to €638m, wh...
15 June 2016
As South Africa-based Clicks expands through a new deal with Netcare, Casino adds new services to its stores in Senegal, OK Zimbabwe forecasts a tougher year ahead and Kenya-based Naivas makes appointments to its management team, we round up news from the region. Clicks to manage Medicross pharmacies for Netcare Clicks and private hospital group Netcare have announced that the former will t...
15 June 2016
As UAE-based LuLu enters Indonesia and France-based Casino announces plans to add Leader Price stores in Morrocco and LuLu and UAE-based Majid al Futtaim discuss expansion plans in existing markets, we round up news from the region. LuLu expands in Saudi Arabia… LuLu has opened its seventh hypermarket in Saudi Arabia, a c. 18,500 sq. m store in the Amir Fawaz district of Jeddah. At the stor...
01 June 2016
Grupo Éxito has reported what it calls a solid performance across most of its markets for the quarter ended 31 March. Colombia: discount and premium stand out Total sales in Colombia were up 7.4%, with discount and premium segments reporting the strongest performance amongst positive progression for all banners. For discount, the acquisition of Super Inter has brought new expertise in ...