Casino news

13 July 2017
Casino’s total Group net sales have been announced at €9.3 bn (US$10.6 bn), a +7.9% growth. Total sales grew organically by +3.3% in Q2 2017. This was an increase on the previous quarters growth of +3.1%. France: Outperforming the market with increased footfall Gross sales in France were €5.3 bn, +2% on a like for like basis. Net sales like for like grew +1.8%. This was +2.9% in food, outpe...
11 May 2017
As part of its AGM and through recent announcements, France-based Casino has put the spotlight on the innovations it is rolling out in its home market. The retailer is hoping that its continued evolution with help its key banners sustain the positive performance they have enjoyed in France in the last year. The Monoprix ‘just walk out store’ Already announced, Casino discussed the launch of...
20 April 2017
GPA has reported net total store sales for the food business in Q1 grew 9.5% vs. Q1 2016, with continued outstanding growth from Assaí, GPA’s atacarejo format and continuing improvement from its Extra hypermarkets. Assaí outperformance continues Assaí stores now account for 38.3% of net sales. With same store growth rising by 12.9% as part of a wider sales uplift of 28.9%, sales of its at...
18 April 2017
France-based Casino has announced first quarter results, which showed, at a Group level, a sequential improvement for total growth, but a slowing rate of increase in organic and same-store terms. The retailer's total sales growth, which rose by 11.6% to €9.3 bn, was boosted by its performance in Latin America, where total growth increased by 30.2%. France: continued progress in majority of ...
06 April 2017
Franprix has started rolling out the latest version of its Mandarine concept: Mandarine vitaminée. Foodservice-focused concept The concept has a larger eating area than the previous Mandarine stores, taking up around 20% of the sales area. Franprix hopes to attract more customers to have breakfast and snacks as well as lunch. Although more focused on foodservice it does have wide grocery ra...
05 April 2017
Monoprix has launched a new loyalty scheme which it says is simpler and more generous. Simplified scheme to attract more customers Monoprix has abandoned its long-running S'Miles programme in favour of a more simple promise. Instead of giving points, customers will get discounts credited directly to their loyalty card, called La Carte. They can spend all or part of the credit as they wish. ...
29 March 2017
GPA is to invest BRL1.1bn (around USD384m) in 2017. It will split the funds between the cash and carry business Assaí, and its grocery formats. Growing focus on Assaí GPA will put just over half the funding into its cash and carry outlets. This has been the growth engine over recent years - sales increased by 38.6% in 2016 and now account for over one-third of total food sales. GPA has ...
19 January 2017
Following positive results from both retailers over the past week, we look at the drivers behind this growth. 1.Atacarejo entering all areas The respective cash & carry formats, Assaí  and  Atacadão , have been critical drivers behind the strength of performance for GPA and Carrefour. While Carrefour didn't release precise figures, commenting only on the "double-digit" growth, GPA outlined ho...
17 January 2017
France-based Casino has said total sales rose 9.1% in its fourth quarter to €10.0 bn, with a small contraction in the three months in its home market being offset by growth in Latin America and in its ecommerce division. France: Monoprix and supermarkets lead the way In its home market, Casino said total sales contracted by 0.5% to €4.9 bn, organic growth also shrank, by 0.6%, but same-store...
12 January 2017
We share the latest, biggest, stories in Latin American grocery retail. 1. Assaí: annual sales growth close to 50% Ahead of GPA releasing fuller sales data, CEO Belmiro Gomes has spoken in a media interview about the strength of performance at Assaí, its atacerejo, cash & carry style format which is now the single biggest grocery format for the retailer. The 13 stores opened last year took t...