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FRANCE: Casino sales dip on domestic weakness

15 Oct 2009

Groupe Casino has posted a dip in quarterly organic sales, as a fall in revenue in the French retail giant's home market weighed on the group's results.

In the spotlight - the race for Super de Boer

9 Oct 2009

It is a story that is changing by the day but one thing seems certain - Dutch retailer Super de Boer is set to have a new owner. After struggling for much of the 2000s, the business is ending the decade as one of the European food sector's big M&A stories of the year. And, as Dean Best reports, champagne corks are likely to be popping at its majority owner, France's Groupe Casino.

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

9 Oct 2009

In a week when two of the UK's Big Four issued sales numbers, it is perhaps unsurprising that the spotlight should shine on how their respective CEOs see their businesses performing. Away from Tesco and Sainsbury's so-called "row", the usually taciturn Carrefour insisted it would not quit "growth" markets like China and Brazil, while some saw the imminent sale of Dutch retailer Super de Boer as providing some relief to Carrefour's domestic rival, Casino.

NETHERLANDS: Sperwer denies "talks" with rival Jumbo

8 Oct 2009

Sperwer Group has quashed speculation in the Netherlands that it is looking to co-operate with Jumbo, a rival bidder for Dutch grocer Super de Boer.

NETHERLANDS: Ahold backs Sperwer bid for Super de Boer

7 Oct 2009

Retail giant Ahold has given backing to local peer Sperwer Group in its bid to buy Dutch retailer Super de Boer.

NETHERLANDS: Jumbo confirms Super de Boer due diligence

1 Oct 2009

Dutch retailer Jumbo has secured access to the books of takeover target and local peer Super de Boer.

FRANCE: Casino opens hypermarket for women

25 Sep 2009

Groupe Casino has opened a hypermarket in France aimed squarely at female consumers in the massive Odysseum complex in the city of Montpellier.

UPDATE: NETHERLANDS: Jumbo in "exclusive" Super de Boer talks

24 Sep 2009

Dutch retailer Jumbo has told just-food that it is in exclusive talks with the majority shareholder in takeover target Super de Boer amid speculation that a counter-bid could be made for the business.

NETHERLANDS: Super de Boer shares jump on talk of second bid

24 Sep 2009

Shares in Dutch retailer Super de Boer jumped by more than 6% today (24 September) amid speculation that a second takeover bid could come in for the company.

NETHERLANDS: Super de Boer reveals Jumbo bid

18 Sep 2009

Dutch retailer Super de Boer said this morning (18 September) that it had received a takeover bid from privately-owned local peer Jumbo Supermarkets.

FRANCE: Casino signs solar panel supply agreement

8 Sep 2009

French retailer Casino Group has signed a deal with SunPower for the supply of high-efficiency solar photovoltaic panels by the end of the year.

FRANCE: Casino salutes “resilient” H1

27 Aug 2009

French retailer Groupe Casino has hailed a “resilient” first-half performance, despite a decline in net sales, operating profit and EBITDA.

BRAZIL: Sales gains, lower costs spur Pao de Acucar profits

5 Aug 2009

Grupo Pao de Acucar has said its second quarter net profit more than doubled, boosted by increased sales and lower financial costs.

COLOMBIA: Exito profits plummet

24 Jul 2009

Almacenes Exito, Colombia’s largest retailer, has posted first-half net profits of COP27.3bn (US$13.8m), down 39% from COP45.1bn in the comparable period of last year.

FRANCE/TUNISIA: Monoprix, Mabrouk build on partnership

21 Jul 2009

French food retailer Monoprix has extended its partnership with Tunisian counterpart, Mabrouk, as part of its international development strategy.

FRANCE: Casino sees hints of home improvements

16 Jul 2009

Groupe Casino, the France-based retailer, has reported a 1.3% rise in half-year revenues, as its domestic businesses showed signs of improvement but its international operations saw sales slow during the second quarter.

FRANCE: Casino hires ex-Danone finance chief as CFO

23 Mar 2009

French retailer Groupe Casino has appointed Antoine Giscard d'Estaing as CFO.

FRANCE: Carrefour hires ex-Casino CEO as finance chief

16 Mar 2009

French retail giant Carrefour has appointed Pierre Bouchut as the group’s new finance chief.

FRANCE: Groupe Casino half-year results up

28 Aug 2008

French retail giant Groupe Casino posted an increase in half-year profits today (28 August) as a result of “effective” international markets.

FRANCE: Casino enjoys home comforts in H1

11 Jul 2008

Groupe Casino, the France-based retailer, has seen underlying half-year revenue climb almost 7% as the company shrugged off a challenging home market and saw sales jump overseas.

FRANCE: Casino steers clear of Algeria gamble

29 May 2008

Groupe Casino, the France-based food retailer, is not looking to enter the Algerian market, just-food understands.

FRANCE: Recovery at home cheers Casino

22 Apr 2008

Faster growth in France and continued rising sales overseas have buoyed French retailer Groupe Casino during the first three months of the year.

FRANCE: International sales boost Casino

24 Oct 2007

France-based retailer Groupe Casino has seen rising revenue from its overseas operations boost third-quarter sales.

FRANCE: Casino to raise EUR650m in property deals

19 Oct 2007

French supermarket group Casino has announced three major property deals which it says will take its property management strategy into a new phase, and generate EUR650m (US$928m) in cash in the current fiscal year.

FRANCE: Casino moves first on carbon labelling

12 Oct 2007

Casino has outlined plans to introduce carbon labeling on 3,000 of its own-brand food products, a first among French supermarket chains.

RUSSIA: X5 signs deal for c-store venture

9 Oct 2007

X5 Retail Group, Russia’s largest food retailer by sales, has agreed to form a joint venture to run convenience store franchises in and around the cities of Moscow and St. Petersburg.

UK: Tesco H1 profits leap despite UK slowdown

2 Oct 2007

Tesco, the UK’s largest food retailer, has enjoyed a 19% jump in first-half profits, despite seeing sales growth slow in its domestic market.

NETHERLANDS: Casino CEO to quit Laurus board

2 Oct 2007

Dutch retailer Laurus has announced that Jean-Charles Naouri, CEO of major shareholder Casino, is to leave the company’s supervisory board.

FRANCE: International growth buoys Casino

31 Aug 2007

Rising sales outside France has boosted first-half earnings at retail group Casino, the company said this morning (31 August).

CHILE: Cencosud H1 boosted by Casino partnership

9 Aug 2007

Cencosud has reported a hike in first half profits to 124.078 billion pesos (US$235m) from 58.939 billion pesos in the same period a year ago, after the retailer gained from a one-time gain.

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