French retail group Casino has denied reports that it is in talks over the sale of its Polish stores to US retail giant Wal-Mart.
Casino dismissed reports that it is selling its 15 Géant hypermarkets and 87 Leader Price stores in Poland as rumours. The company has blamed competitive pressure for the €8.5m (US$8.4m) operating loss it reported in Poland in the first half, reported Dow Jones International.