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COLOMBIA: Local acquisition buoys retail group Exito

2 Aug 2007

Exito, Colombia’s largest retailer, has posted rising first-half earnings and sales on the back of its acquisition of local rival Carulla Vivero.

FRANCE: Casino posts 10% rise in Q2 sales

27 Jul 2007

French supermarket group Casino has posted a 10% increase in sales for the second quarter to EUR$6.1bn (US$8.3bn).

NETHERLANDS: Laurus keeps focus despite buyout talk

25 Jul 2007

Dutch retailer Laurus has insisted it remains focused on the on-going reorganisation at the company despite takeover speculation swirling around the business.

COLOMBIA: Exito gathers US$390m war chest

25 Jul 2007

Exito has armed itself with US$390m to finance its expansion, Colombia’s largest retailer said yesterday.

FRANCE: Casino makes equity investment in e-tailer

24 Jul 2007

French supermarket group Casino Guichard Perrachon has announced that it has raised its equity stake in its Cdiscount subsidiary allowing a capital injection to allow the company to expand.

FRANCE/POLAND: Casino in Polish shopping centre deal

3 Jul 2007

French supermarket group Casino Guichard Perrachon has formed a partnership with the Whitehall funds managed by Goldman Sachs to develop shopping centres, initially in Poland.

FRANCE: Casino acquires total ownership of Vindémia

20 Jun 2007

French supermarket operator Casino Guichard-Perrachon et Cie has acquired total ownership of the Vindémia supermarket group.

BRAZIL: CBD Q1 sales up 6.8%

17 May 2007

Brazilian retailer Companhia Brasileira de Distribuicao (CBD) has posted a 6.8% jump in gross sales revenue, which rose to BRL3.53bn (US$1.81bn) in the 1st quarter of 2007.

FRANCE/COLOMBIA: Casino secures Exito majority

4 May 2007

French retailer Groupe Casino has become the majority shareholder in Colombia’s largest food retailer Exito.

FRANCE: Casino upbeat despite modest Q1

25 Apr 2007

French food retailer Casino Guichard Perrachon has said it is on-track to meet its annual financial targets despite a modest first quarter.

FRANCE: Casino takes control of Leader Price

10 Apr 2007

Casino Guichard-Perrachon has taken operational control of its Leader Price subsidiary, the French supermarket group said today (10 April).

FRANCE: Rallye anticipates rise in Casino stock

26 Mar 2007

French supermarket group Rallye, whose French high street chains include Monoprix, discounters Leader Price and Franprix, has bought options on 2.8m ordinary shares in its subsidiary Casino, the group told just-food.

FRANCE: Casino sees profits up 74.4%

15 Mar 2007

Supermarket group Casino Guichard Perrachon today (15 March) posted a 74.4% hike in full year net profit, driven by improvements in its French and international businesses.

FRANCE: Investors snap up 9.8% stake in Carrefour

7 Mar 2007

French billionaire Bernard Arnault and Colony Capital have purchased a 9.8% stake in Carrefour, valued at about EUR4bn (US$5.2bn). It has been reported that the investors are going to take an active role in the management of the world’s second largest retailer.

FRANCE: Industry giants commit to "nutritional progress"

2 Mar 2007

Nine food industry giants - Coca Cola, Ferrero, Danone, McDonald's, Auchan, Carrefour, Casino, Monoprix and Unilever - have each signed an individual charter setting out their commitment to "nutritional progress" within the framework of the French Ministry of Health's anti-obesity campaign.

US: Apollo acquires Smart & Final

21 Feb 2007

Smart & Final, the LA-based non-membership warehouse store operator, has been acquired by an affiliate of the private equity group Apollo Management for US$22.00 per share in cash, which including debt obligations gives the deal a total enterprise value $812.9m.

FRANCE: Casino sales rise, but French performance below expectations

26 Jan 2007

Casino Guichard-Perrachon yesterday (25 January) said that it reached its full year performance targets as fourth quarter sales rose 1.2% to EUR6.43bn (US$8.31bn). However, the group’s fourth quarter performance in its French home market was below expectations, increasing by only 0.7%.

COLOMBIA: Casino looks to extend Exito holdings

16 Jan 2007

French supermarket group Casino Guichard today (16 January) said that it has exercised its right to first offer in connection with the Toro family’s plan to sell its 24.5% stake in Exito, Columbia’s largest food retailer.

FRANCE: French grocers gear up for TV advertising debut

21 Dec 2006

From 1 January 2007 and for the first time ever, hypermarket and supermarket retailers will be able to advertise on France’s Hertzian TV channels.

Polish grocery market poised for consolidation

21 Dec 2006

Recent acquisitions by Tesco and Carrefour have set the tone for a period of consolidation in the Polish grocery sector, which Krakow-based consultancy PMR expects to see grow in the next few years as rising employment and wages boost consumer spending power.

FRANCE: Casino renames Geant hypermarkets Geant Casino

2 Nov 2006

French retailer Casino will change the name of its Geant hypermarket stores to Geant Casino this month, in order to facilitate growth and enhance the brand’s profile.

FRANCE: Casino Q3 sales rise 8%

25 Oct 2006

French retail group Casino has reported an 8% increase in net sales during the third quarter, increasing to EUR6,111.9m (US$7,691.96).

NETHERLANDS: Laurus announces business plan and new credit facility

17 Oct 2006

Struggling Dutch retailer Laurus has formulated a new business plan designed to aid the company’s rejuvenation. Laurus announced that it will restructure its operations, adding that it has secured new credit facilities.

FRANCE: Casino H1 on track, halves exposure in Taiwan

14 Sep 2006

French retailer Casino Guichard-Perrachon reported net profits of EUR258m (US$328.2m) for the first half of 2007, a 27.6% improvement on the year-ago period.

POLAND: Casino sells Polish operations

9 Aug 2006

French retailer Groupe Casino has sold its Polish property portfolio, comprising 16 hypermarkets, to GE Real Estate Central Europe for EUR555m (US$714m), in a sale and leaseback deal.

COLOMBIA: Carrefour eyes Colombian alliance - report

3 Aug 2006

Carrefour is reported to be negotiating an alliance in Colombia where it posted first-half turnover of EUR371m (US$ 475.28m).

FRANCE: Casino Q2 sales up 15.8%

26 Jul 2006

Saint-Etienne-based retail chain Casino yesterday (25 July) reported strong second quarter sales gains, with sales rising a total of 15.8%.

POLAND: Casino sells stores to Tesco and Metro

17 Jul 2006

French retail group Casino has disposed of its main assets in Poland for a total of GBP884m, selling 19 Géant hypermarkets to German-based Metro AG and 140 Leader Price convenience stores to the UK’s Tesco.

POLAND: Tesco considers bid for Casino ops

10 Jul 2006

Tesco is reportedly contemplating a EUR800m (US$1bn) bid for Casino’s Polish retail operations.

POLAND: Casino reviewing options in Poland

22 May 2006

Following speculation that it is about to sell its operations in Poland, the French retail group Casino Guichard Perrachon has told Agence France-Presse that it is undertaking a strategic review of its activities in the country, and that no decision on a divestment had yet been reached.

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