Casino news

27 November 2018
France-based Casino has acquired a 5% stake in the financial technology company, Lyf Pay, for an undisclosed amount. The acquisition is part of Casino’s aim to expand its presence in the European mobile payments business. Lyf Pay is a payment solution… Lyf Pay, created in 2016, is a customer payment solution that offers payment services, loyalty programmes and discounts. The Lyf Pay solutio...
21 November 2018
Casino-owned, Colombia-based Grupo Éxito has released its Q3 results. The retailer reported an increase in consolidated net revenue of 9.5%, to US$4bn, before adjusting for exchange rate differences. The group recorded growth in each of its four operating countries; Argentina, Brazil, Colombia and Uruguay. At the end of the quarter, Grupo Éxito had a total of 1,536 stores; 29 in Argentina, 870...
15 November 2018
We look at how France-based retailers Casino-owned Franprix and Carrefour are evolving the range of online fulfilment systems they have to meet shoppers’ increasing desire to buy anytime, anywhere and have orders fulfilled when and where they want as well. Franprix extends partnership with Glovo In 2016, Franprix partnered with express delivery app, Glovo. Glovo offered an assortment of 300...
15 November 2018
Casino-owned Monoprix has launched a smartphone scan and pay service called ‘monop’easy’. The service, developed by start-up Snapp, has been introduced in 500 Monoprix and Monop stores. Available via ‘Monoprix et Moi’ Monoprix introduced the service initially in Paris in October 2017 before rolling it out nationally from the beginning of November. Monop'easy allows shoppers to scan an...
31 October 2018
Brazil-based, Casino-owned GPA has opened the first of its recently converted Compre Bem supermarkets in the state of Sao Paulo. The retailer hopes to convert a further 13 Extra supermarkets to the Compre Bem banner by the end of 2018. The store has created 300 jobs… The new Compre Bem store is in Taubaté. GPA has invested BRL6m (US$1.6m) in the 2,900 sq. m store, which has an assortment of...
19 October 2018
France-based Casino has partnered with family-owned Quattrucci Group. The partnership will see Casino gain 12 stores. The stores specialise in fresh products and generated sales of more than €300m in 2017. Casino will preserve the Quattrucci concept From 1 January 2019, Casino will run the former Quattrucci-owned stores, located in Île-de-France and Oise. Five of the stores will be operated...
19 October 2018
Casino reported Q3 sales saying net sales rose 5.4% on an organic basis and by 3.3% in same-store terms. The retailer said it had enjoyed accelerated growth in both France and Latin America, echoing statements from Carrefour in its own third quarter results. France: growth across formats Casino said total sales in its home market rose 2.0%, by 2.0% on an organic basis and by 1.9% in s...
16 October 2018
Casino-owned Monoprix made over 6,000 products available through Amazon’s Prime Now in September 2018. According to Casino, the partnership with Amazon has exceeded expectations and could be expanded soon. The service has exceeded forecasts… Monoprix made the Prime Now service available to a third of shoppers in Paris. The initial results have been “very, very satisfactory” with the...
12 October 2018
Casino trials its first cashier-free store in Paris and Intermarché launches a new store concept dedicated to seniors as the retailers look to evolve their stores to make them more appealing to different shoppers. Casino trials a cashier-free store Casino is adapting to the challenges of online shopping by opening its first cashier free store near the Champs-Élysées. The store, called Le Ca...
24 September 2018
Ahead of our Food-to-go Summit on November 8, where one of the key themes will be future food-to-go formats, we take a look at some of the retail formats across Europe that are leading the way  in how they see the opportunity for food-to-go. 1. Franprix and Franprix noé, Paris – creating the next generation premium convenience store Casino owned Franprix has long been a feature on the pre...