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Casino sales slide on FXFRANCE: Currency exchange weighs on Casino sales

14 April 2014

French retailer Casino has seen a drop in total first-quarter sales despite organic gains as currency translation weighed on the top line.

Editor's choice: the highlights on just-food this week

24 February 2014

This week, the annual CAGNY investment conference took place in the US, with leading FMCG companies discussing their strategy and outlook for their businesses. One of those, PepsiCo, found itself in the spotlight again after activist investor Nelson Peltz called - not for the first time - for the group to split in two. Elsewhere, US beef jerky firm Jack Link's snapped up Unilever's meat snacks arm and Ian McLeod, the MD of Coles, said he would step down after a successful five years at Australia's number two grocer.

On the money: Market buys into Casino's confidence

18 February 2014

Casino's share price has been on something of a rollercoaster in the early weeks of 2014. However, the French retailer's 2013 results and optimism for the months ahead seemed to be echoed by the market today (18 February) with its stock recovering some of the ground it had lost since the start of the year.

FRANCE: Casino 2013 profits up, "confident" on 2014

18 February 2014

French retailer Casino today (18 February) reported a near-10% rise in underlying annual profits and expressed "confidence" in its growth prospects for 2014, helping its shares to recover recent lost ground.

COLOMBIA: Exito to acquire 50 Super Inter stores

10 February 2014

Colombian retailer Exito has struck a deal to buy 50 Super Inter stores in a move it said would "consolidate" its "leadership" position in the country's grocery retail market.

just-food's 2014 outlook: International retailers continue to bring focus home

30 January 2014

The world of international food retail has undoubtedly got a little less international in recent years and 2014 looks likely to see the big guns continue to take an empire-building breather and sort out their troubled home markets while undertaking only modest overseas activities. Glynn Davis reports.

FRANCE: Overseas markets continue to boost Casino

15 January 2014

French retail giant Casino has reported a near-6% increase in annual sales as growth overseas offset a challenging year at home.

FRANCE: Marks and Spencer coy over Casino store talk

25 November 2013

UK retailer Marks and Spencer has remained tight-lipped over claims it is looking to acquire a batch of stores in France from retail giant Casino.

FRANCE: Carrefour in talks to buy local retailer Coop Alsace

31 October 2013

Carrefour is in discussions to buy French regional retailer Coop Alsace.

FRANCE: Casino to buy Le Mutant stores in SW France

28 October 2013

Casino has agreed to buy over 40 Le Mutant outlets and struck a licencing deal with the chain's owner in the north of the country.

FRANCE: Casino claims "improvement" in France in Q3

15 October 2013

Casino has booked an increase in third-quarter sales, with its stores in Latin America and Asia again offsetting lower revenues in France - although the retailer claimed positive signs from its domestic business.

BRAZIL: Casino chief Naouri set for CBD chairman role

24 September 2013

Jean-Charles Nouri, chief executive of Casino, looks set to become chairman of CBD, the Brazilian retailer that the French grocer controls.

BRAZIL: Diniz to exit retailer CBD, focus on BRF

9 September 2013

Brazilian investor Abilio Diniz will stand down as chairman of Casino-controlled retailer CBD, bringing to an end disputes between the two over the business his family founded.

Navigating Brazil's slowdown: International retailers battle it out in Brazil

30 August 2013

As the fifth-largest country in the world, Brazil is simply too big a market for food retailers to ignore. And with a population of around 190m, the potential for growth and expansion in a market of this size is tremendous. However, for international retailers in the country, it has proved a tough nut to crack.

FRANCE: Casino expansion offsets weak LFL sales in France

25 July 2013

Casino has booked higher half-year profits helped by a jump in international earnings but the French grocer's numbers also revealed continued challenges at home.

ANDORRA: French retailer Systeme U enters Andorra

11 July 2013

French retailer Système U has entered Andorra through the acquisition of two former Casino-owned Monoprix stores.

FRANCE: Casino's Monoprix acquisition cleared

10 July 2013

France's competition watchdog has cleared Casino's bid to take full control of convenience chain Monoprix.

Comment: French retailers battle over convenience, online

29 May 2013

The French food retail sector is notoriously competitive and hard to operate in. As the country's retail giants slug it out for a higher share of a relatively stagnant market, the battle is raging on all fronts. With low overall growth, retailers are zoning in on the areas of greatest potential: online and convenience.

FRANCE: Casino buys Norma c-stores

28 May 2013

French retailer Casino has received regulatory approval to buy 38 convenience stores from discounter Groupe Norma.

FRANCE: Casino seeks arbitration over Diniz's Brasil Foods role

2 May 2013

The ongoing spat between French retailer Casino and Brazilian tycoon Abilio Diniz has taken a twist with the company seeking arbitration over the businessman's role at food giant Brasil Foods.

Gluten free: Germany, Canada, Australia among other growth markets

30 April 2013

Aside from the US and UK, where the gluten-free category is witnessing strong growth, there are a number of other gluten free markets look likely to develop elsewhere over the coming years.

Shopper trends: Time to renew focus on the shopping experience

25 April 2013

Retailers in Europe are looking again at the in-store experience for shoppers, refurbishing outlets and using technology, writes IRI's Laura Volpini.

In the spotlight: Carrefour ups heat with price cuts

23 April 2013

Competition in the French retail scene could be about to heat up, with market leader Carrefour reporting an improvement in its domestic operations. Carrefour says it has been encouraged by the results of its pricing initiative and, if the world's second largest retailer really has pulled its socks up at home, life could become tougher for its competitors.

Quote, unquote: just-food's week in words

22 April 2013

The industry's first-quarter results continued to pour in last week and two of France's leading retailers, Carrefour and Casino revealed sales figures that got analysts talking. Carrefour appeared pleased with its domestic performance, while Casino was encouraged by the results of recent pricing initiatives. Elsewhere, Tesco finally confirmed its plans to exit the US and revealed it had received and was pursuing interest in the business.

Editor's choice: the highlights on just-food last week

22 April 2013

Major food manufacturers began to report their first-quarter results last week. Nestle came under scrutiny for its performance in emerging markets. A cautious Danone saw signs of improvement from its European dairy operations, while its infant formula business was buoyant. Elsewhere, we shone the spotlight on the recent rationing of formula in Western markets amid high demand in China, looked at Marks and Spencer's latest European venture and analysed Magnit's move to Russian retail's top spot.

On the money: Casino "encouraged" by domestic pricing results

19 April 2013

Casino has insisted it expects to see "encouraging results" in France from the pricing initiative it implemented late last year, even though the move failed to lift the retailer's domestic revenues in the first quarter.

JAPAN/THAILAND: Lawson plans Thai c-store push

19 April 2013

Japan's Lawson Inc is the latest retailer to reveal plans to expand in Thailand's convenience store channel.

FRANCE: Casino sales climb despite domestic weakness

19 April 2013

French retailer Casino has booked an increase in sales in the first quarter despite falling sales in its domestic market.

THAILAND: Casino's Big C eyes c-store expansion

11 April 2013

French retailer Casino is looking to tap into a trend among Thai consumers to shop more at convenience stores.

Interview: R&R chief: We can be "real alternative" to Unilever

10 April 2013

James Lambert, CEO of UK-based R&R Ice Cream, has suggested the company's plan to buy local rival Fredericks Dairies will give retailers a "real alternative" to market leader Unilever.

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