Casino news

07 May 2019
GPA has announced consolidated sales growth of 12.4% for Q1, despite an unfavourable Easter calendar effect. It also reported same-store sales (SSS) growth of 7.5% and said that it had seen its strongest customer traffic growth in several periods. GPA has been optimising its store portfolio for all its multivarejo (all non-cash and carry formats) stores to better meet changing customer deman...
25 April 2019
France-based Casino has reported first quarter results saying same-store sales rose 3.0% at a Group level. A flat performance in its home market, with same-store sales, including Cdiscount, contracting by 0.1%, was offset by its performance in Latin America, especially Brazil. Casino highlights ‘strong growth in buoyant segments’ in France Casino reported total sales in France fell by 3.3%,...
23 April 2019
As the retailer looks to grow its omnichannel offer, we look at three developments from France-based Casino Group as it develops its agreement with Amazon, trials the use of robots in Paris and invests in a money management app. Casino expands Amazon partnership After the success of its partnership with Monoprix, Casino has announced ‘ the reinforcement of its partnership with Amazon ’. The...
07 March 2019
As Auchan looks to drive its Vision 2025 strategy faster it has announced operational changes in France and the launch of Horizon International Services. Meanwhile, at a local level it continues to evolve its channel presence, driving growth in its small store estate and with its online fulfilment. Horizon International Services is officially launched Following approval from the relevant co...
18 February 2019
Following the announcement it was to sell six hypermarkets to Leclerc earlier in 2019, Casino has announced further disposals. The sale of stores and its contract catering services company, R2C, will help it focus and invest on its core retailer operations, improve profitability and enable it to pay down debt. Store disposals to generate €42m Casino said it will sell 18 integrated sto...
22 January 2019
France-based Casino has announced it will sell six of its Géant hypermarkets to Leclerc for €100.5m. The hypermarkets are among the least performing… The selected hypermarkets are located outside Paris in the towns of Anglet, Castelnaudary, Castres, Cholet, Dole and Saint Grégoire. Leclerc expressed an interest in the stores when Casino first announced its decision to sell certain loss-maki...
18 January 2019
Casino has reported FY 2018 net sales of €36.6bn, up 4.7% on an organic basis and 3.0% on a same-store basis. Q4 2018 net sales were €9.9bn, up 5.1% on an organic basis and 3.6% on a same-store basis. France: protests causing a Q4 sales slowdown In Casino’s home market, Q4 2018 sales rose by 1.4% overall, up 0.2% on an organic basis and 0.5% on a same-store basis. FY 2018 sales increased by...
16 January 2019
France-based, Casino-owned Cnova has released its financial results for FY2018. It has reported net sales of €2.2bn, driven by organic growth of 5.1%. The increase in organic sales was supported, it said, by the development of showroom revenues. GMV: 9.3% increase to €3.6bn Cnova reported an increase in gross merchandise volume (GMV) organic growth of 9.3% to €3.6bn. The retailer noted ‘org...
15 January 2019
France-based, Casino-owned Monoprix is set to stop printing its weekly catalogue to become more environmentally friendly. Monoprix rethinks communication strategy… The retailer has said that more than 20 billion catalogues are printed in France annually. Monoprix will discontinue the printing of its 30 million brochures, which it says corresponds to 2,400 tons of paper. The decision will he...
21 December 2018
France-based trade publication LSA has reported that Casino-owned Franprix has opened its first store in the UAE, in Dubai. Store based on Mandarine concept The 440 sq. m store is based on Franprix’s Mandarine concept. There are 6,500 SKUs, with products sold in bulk, a juice machine and roasting pan. Part of the store is adapted to suit the needs and expectations of local customers. Fra...