Food industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

FRANCE: Marks and Spencer coy over Casino store talk

25 Nov 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 Oct 2013

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

FRANCE: Casino to buy Le Mutant stores in SW France

28 Oct 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 Oct 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 Sep 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 Sep 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 Aug 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 Jul 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 Jul 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 Jul 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 Apr 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 Apr 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 Apr 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 Apr 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 Apr 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 Apr 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 Apr 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 Apr 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 Apr 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 Apr 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.

BRAZIL: Diniz will not quit CBD board despite Brasil Foods seat

10 Apr 2013

Brazilian tycoon Abilio Diniz will not resign as chairman of CBD, the country's largest retailer, despite securing a seat on the board of local food group Brasil Foods.

FRANCE: Regulator expresses "serious doubts" over Casino's Monoprix buy

13 Mar 2013

France's Competition Authority today (13 March) expressed "serious doubts" over Casino's purchase of Monoprix.

Talking shop: Plassat aware more work ahead at Carrefour

8 Mar 2013

Carrefour's 2012 results offer signs of encouragement for the world's second-largest retailer. However, some analysts insisted much more work is needed. That is true but Carrefour CEO Georges Plassat recognises the challenges that still lie ahead.

Talking shop: Online opportunity in China, Thailand

5 Mar 2013

Online grocery retailing in China and Thailand promises great opportunities for international supermarket groups to crack these two diverse, challenging and potentially lucrative Asian markets. Andrew Don reports.

BRAZIL: Tycoon Diniz slated for Brasil Foods board seat

22 Feb 2013

Brazilian tycoon Abilio Diniz, the chairman of the CBD, the country's largest retailer, has been lined up for a seat on the board of local food group Brasil Foods.

FRANCE: Casino net profit flat as international offsets French weakness

21 Feb 2013

French retail Groupe Casino has booked a slight drop in net profit for 2012, as a weaker performance from its domestic business was offset by a strong international showing.

COLOMBIA: Retailer Exito replaces retiring CEO Lopez

20 Feb 2013

Colombian retailer Exito, in which French retailer Casino holds a majority stake, has appointed Carlos Mario Giraldo to replace retiring Gonzalo Restrepo Lopez.









Forgot your password?