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FRANCE: Watchdog looks to boost retail competition

8 Dec 2010

The French government has warned the country's major grocery retailers to abolish contracts that make it difficult for franchisees to switch chains and that prevent rivals from setting up on former sites.

INDONESIA: "Four firms in running" for Matahari

3 Dec 2010

Indonesian retailer Matahari has said that four firms, including Lotte Shopping, are interested in investing in its hypermarket business, according to reports.

BRICs and beyond: Carrefour's Brazil woes impact reputation

2 Dec 2010

Carrefour's recent woes in Brazil highlight that while emerging markets can offer great potential, if mismanaged, their issues can tar the rest of the retailer's operations.

FRANCE: Carrefour cuts 2010 profit target - again

1 Dec 2010

Carrefour has lowered its profit forecast for 2010 for the second time in two months on the back of a series of one-off charges in Brazil.

VENEZUELA: Casino sells Cativen unit to Venezuelan government

26 Nov 2010

French retail group Casino has signed an agreement to sell a majority share of its Venezuelan unit Cativen to the country's government for US$690m.

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

19 Nov 2010

In the week that just-food kicked off its Open House period, the food sector saw a merger with implications on both sides of the Atlantic with the deal between Greencore and Northern Foods. In the US, Heinz, JM Smucker and Wal-Mart Stores reported their latest numbers to Wall Street. And, in Europe, the battle for yoghurt brand Yoplait intensified when Lactalis tabled a EUR1.4bn (US$1.91bn) - that was swiftly rejected - while the EU launched plans to reform farm policy.

BRICs and beyond: Two French retailers in south-east Asia

19 Nov 2010

The spotlight on south-east Asia's retail sectors has grown in recent months, as the future of Carrefour's operations in Malaysia, Singapore and Thailand came into question.

ASIA: Carrefour "cancels Malaysia and Singapore sale"

18 Nov 2010

Carrefour has reportedly cancelled plans to sell its operations in Malaysia and Singapore.

INDONESIA: Wal-Mart, Casino, Lotte "in running for Hypermart"

17 Nov 2010

Wal-Mart Stores, France's Casino and South Korea's Lotte Shopping have all reportedly advanced to the next round of bidding for Indonesian retailer Matahari Putra Prima's hypermarket business.

MALAYSIA/SINGAPORE: Carrefour "puts breaks on store sale"

16 Nov 2010

French retail giant Carrefour has suspended the sale of its Malaysian and Singapore stores, after bidders offered little to persuade it to sell its operations, according to reports.

THAILAND: Carrefour sells Thai assets to Casino's Big C

15 Nov 2010

Carrefour announced today (15 November) it has sold its Thai business to Casino subsidiary Big C for EUR868m (US$1.2bn).

ASIA: Tesco, Dairy Farm "table second bids for Carrefour assets"

8 Nov 2010

Tesco and Dairy Farm International Holdings are reportedly among those who submitted second-round bids for Carrefour's south-east Asian assets.

MALAYSIA: Navis Capital "in bid for Carrefour Asia assets"

28 Oct 2010

Malaysian private-equity fund Navis Capital has reportedly made the second round of bidding for Carrefour's Singaporean and Malaysian assets.

FRANCE: Casino plans 500 convenience store openings next year

19 Oct 2010

French retail group Casino is planning to open 500 convenience stores under its Casino Proximité umbrella brand next year which spans its Petit Casino, Spar, Spar Supermarché and Vival chains.

FRANCE: International gains drive Casino Q3 sales

14 Oct 2010

French retail giant Casino has booked a 6.5% rise in third-quarter sales as a jump in overseas sales and foreign exchange gains offset slow domestic growth.

EUROPE: Food retail sector set for consolidation - analyst

12 Oct 2010

Europe's food retail industry is set to see the return of mergers and acquisitions, analysts at J.P.Morgan Cazenove said today (12 October) as they started their coverage of the sector.

FRANCE: Casino appoints Cdiscount head

8 Oct 2010

French retail group Casino has appointed Olivier Marcheteau as director of non-food e-commerce activities and president of its Cdiscount.

SYRIA: Monoprix enters market with Damascus opening

8 Oct 2010

France's Monoprix, which is jointly-owned by Casino and Galeries Lafayette, has opened its first store in Syria.

ASIA: PTT drops Carrefour bid

23 Sep 2010

Thai energy company PTT has told the Thai Stock Exchange that it has dropped out of the bidding for grocery retailer Carrefour's Asian assets.

FRANCE: Private businessmen snap up cooked meats firm Brient

22 Sep 2010

French cooked meats firm Les Etablissements Jean Brient, which supplies charcuterie products to supermarket chains like Carrefour, Leclerc and Casino, has been snapped up for an undisclosed sum.

ASIA: Tesco "still in bidding for Carrefour stores"

15 Sep 2010

Tesco has reportedly moved to the second round of the auction for Carrefour's south-east Asian assets.

ASIA: Carrefour "shortens bidder list"

10 Sep 2010

Carrefour has reportedly dropped Tesco and Aeon from the bidding for its businesses in three south-east Asian markets.

VENEZUELA: Government pays US$690m for Casino assets

6 Sep 2010

Venezuela's president, Hugo Chávez has approved a payment plan of US$690m to acquire the majority stake in Cativen, a Casino subsidiary.

ASIA: Carrefour bids expected by Wednesday

1 Sep 2010

European and Asian retailers are expected to submit bids for Carrefour's Asian assets, with first round offers due on Wednesday, according to reports.

Talking Shop: Tesco makes half-hearted click-and-collect attempt

24 Aug 2010

Tesco announced today (23 August) it is joining a number of French retailers and becoming the first UK retailer to launch a click-and-collect, or "drive-thru" grocery service.

THAILAND: PTT interested in Carrefour assets

20 Aug 2010

Thailand's biggest energy company PTT has said it is interested in bidding on Carrefour's Thai assets.

ASIA: Tesco "indicates interest in Carrefour assets"

2 Aug 2010

UK retail giant Tesco has indicated that it could be interested in the Carrefour stores in Thailand and Malaysia that are reported to be up for sale.

ASIA: Casino "hires Deutsche Bank for Carrefour Asia assets"

30 Jul 2010

French retailer Casino has reportedly hired Deutsche Bank to advise on a potential bid for Carrefour's Malaysia, Singapore and Thailand assets.

FRANCE: Casino H1 boosted by international operations

29 Jul 2010

French grocery retailer Casino today (29 July) posted a 12% rise in first-half operating profit, which was boosted by strong results in emerging markets.

BRAZIL: Grupo Pao de Acucar net income plummets in Q2

28 Jul 2010

Brazilian retailer Grupo Pão de Açúcar has seen its net income tumble 52.7% in its second quarter after a one-off tax payment.

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