Casino news

22 July 2019
As it continues to dispose of non-core assets and focus on its operations in France and Latin America, Casino has agreed to sell its operations in the Indian Ocean. Disposal to grow Casino’s focus Casino has agreed to sell Vindémia to GBH for an enterprise value of €219m. The sale would mark a further step in Casino’s attempts to sell bits of its operations, including stores in France , ...
18 July 2019
Brazilian retailer GPA, part of the Casino Group, plans to open its first store testing advanced payment technologies including facial recognition and “scan & go” in 2019. This will be trialled in a Minuto Pão de Açúcar convenience store in São Paulo and the business expects it to open before December. The technology has been developed by Microsoft. The initiative is in line with GPA’s wider...
10 July 2019
As Casino continues to evolve in France, we round up news from the retailer. President sees no need for ‘major’ sales in France After a period of disposals in France and changes in Latin America , Casino’s president, Jean-Charles Naouri, has been quoted as saying there are unlikely to be any ‘ major disposals in the retailer’s home market. The statement comes after speculation sugge...
03 July 2019
France-based Casino has announced plans to restructure its Latin American operations. The changes will see it control its Latin America-based business divisions in Argentina, Brazil, Colombia and Uruguay through a 41.5% stake in Brazil-based Grupo Pão de Açúcar (GPA).  GPA to acquire all shares in Éxito Through an all-cash tender, GPA will acquire all shares of the Colombia-based Éxito. The...
26 June 2019
Brazil-based GPA is enhancing its Aliados Mini Mercado (formerly Aliados CompreBem) wholesale business through the launch of its new B2B ecommerce platform. Background to Aliados CompreBem GPA launched its Aliados CompreBem business model in July 2016, which was re-branded to Aliados Mini Mercado in 2018. The initiative was set up to enable small and midsized independent neighbourhood store...
25 June 2019
France-based, Casino-owned Monoprix has announced that its chief executive, Régis Schultz, is set to leave the company. Schultz will be replaced by the current head of the Franprix and Naturalia banners, Jean-Paul Mochet, from 15 July. Schultz to join UAE-based Al Futtaim… As part of its announcement, Casino said: “ After three years with the Casino Group, Régis Schultz, President of Monopr...
24 May 2019
France-based, Casino-owned subsidiaries Cdiscount and Franprix are set to collaborate ‘ to generate unprecedented synergies across the physical and digital retail spheres ’. The combination will see the enhancement of each other’s offer and the services they are able to offer shoppers. Cooperation to provide shopper-focused solutions in the short term… Following the tie up, Franprix and Cdi...
23 May 2019
In the first quarter Grupo Éxito reported net sales of COP2.64tn (US$788.9m) in Colombia, a growth of 2.5%. Same-store sales (SSS) grew by 2%, which was mainly due to strong like-for-like performance of stores under its Éxito banner, as well as higher volume and traffic. At a group level Grupo Éxito reported a consolidated net revenue of COP14.3tn (US$4.19bn) in Q1, which represents a 3.9% i...
20 May 2019
As Monoprix expands its range of services and products, at a Group level Casino looks to monetise its data and it trials new online solutions in Lyon, we round up developments from the retailer. Monoprix partners with Foodmaker… Monoprix has partnered with Belgium-based restaurant chain Foodmaker to open its first outlet in Paris. A shop-in-shop concept from Foodmaker is being added to 84 M...
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...