Casino news

25 February 2013
Qatar-based Al Meera has announced that it has opened its first Géant hypermarket in its home market, following the agreement it signed with Casino in 2011. Géant brand to be expanded by Al Meera Al Meera signed a franchise agreement with Casino that will see it add hypermarkets and supermarkets in Qatar and Oman. The recently opened store, at the Hyatt plaza in Doha, is the first evidence ...
21 February 2013
Casino has reported a 29.3% increase in trading profit, reflecting the move to take control of GPA in Brazil in 2012. In France, trading profit declined by 8.6%, with a drop in domestic trading margin. However, overall trading margin was up and the group is confident its domestic 'back to basics' commercial plan will kick in and management stressed that its small format exposure lies in its favou...
20 February 2013
Colombia's Grupo Éxito has reported operating revenue growth of 15.7% for 2012, and a 3% increase in the fourth quarter.  Growth driven by aggressive expansion Grupo Éxito opened 86 stores during the year, of which 35 were in Colombia, and entered 15 new mid-sized cities.  It is now present in 82 cities in Colombia. E-commerce operations also revealed strong growth during the year, u...
20 February 2013
Following the announcement Casino was reducing prices on branded goods at its hypermarkets, a trade press report from Olivier Dauvers shows significant reductions have kicked in on 5,000 branded items. Survey shows branded prices down 5-6% According to the report, price position on 5,000 branded goods has decreased by 5-6% at the group's hypermarkets. The move is clearly a response to trading ...
20 February 2013
Brazil's Grupo Pão de Açúcar (GPA) has revealed net profit up 36.4% in Q4 2012, against the same period in 2011, and +60.7% for the full year. Strong sales growth in food division A better sales mix, control of expenses and operational improvements across all formats drove growth in operating income both for the consolidated group and within the food business specifically.  In terms of...
05 February 2013
The Argentine government has reached an agreement with the country's largest retailers to freeze prices for two months.  Freeze to last until 1 April Members of the United Supermarkets Association (ASU) have agreed to keep prices unchanged until 1 April, following a meeting with Argentina's domestic trade secretary, Guillermo Moreno.  The agreement has been backdated to take effect as o...
04 February 2013
Grupo Pão de Açúcar (GPA) has announced plans to add 25 Assaí wholesale outlets in north-eastern Brazil over the next three years. Part of plans to open 60 units in total There are currently 62 Assaí stores in eight Brazilian states.  The 25 new outlets are part of a wider plan in which GPA intends to open 60 more over the next three years.   In Brazil , wholesalers play a key role in t...
16 January 2013
Casino has reported Q4 2012 sales of €12,856m, up 35% on a total basis following the full consolidation of Latin American operations and up 3% on an organic basis. While international sales grew by 76% during the quarter, domestic sales declined 3% as household consumption lagged. For a detailed sales breakdown click here . French hypermarkets down more than 10% Net sales in France declin...
15 January 2013
Established and new retailers in the market including Big C, Tesco Lotus and Berli Jucker Plc are placing increasing prominence on the role of digital operations in their strategies. Big C announces strong full year results Casino's subsidiary in Thailand , Big C, has announced strong full year results. Sales have grown 9.3%, reaching THB 112.1bn. Solid 5.3% growth in same store sales a...
10 January 2013
GPA, Casino's Brazilian subsidiary, and Intermarche Poland are both expanding through the Drive, click and collect for grocery, concept, according to reports. Retailers investing in Drive across markets Reports state that French retailer Intermarche is preparing to launch a Drive service for grocery in Poland this quarter and GPA , Casino's Brazilian  subsidiary, began operating a Drive ...