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.
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.
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.
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.
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.
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.
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.
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.
31 October 2013
Carrefour is in discussions to buy French regional retailer Coop Alsace.
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.
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.
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.
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.
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.
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.
11 July 2013
French retailer Système U has entered Andorra through the acquisition of two former Casino-owned Monoprix stores.
10 July 2013
France's competition watchdog has cleared Casino's bid to take full control of convenience chain Monoprix.
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.
28 May 2013
French retailer Casino has received regulatory approval to buy 38 convenience stores from discounter Groupe Norma.
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.
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.
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.
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.
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.
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.
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.
19 April 2013
Japan's Lawson Inc is the latest retailer to reveal plans to expand in Thailand's convenience store channel.
19 April 2013
French retailer Casino has booked an increase in sales in the first quarter despite falling sales in its domestic market.
11 April 2013
French retailer Casino is looking to tap into a trend among Thai consumers to shop more at convenience stores.
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.