The French supermarket group Casino will not only take a minority stake in the express delivery company Gorillas, but both companies will also significantly expand their existing cooperation.
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Hema plans on focusing on its own stores and online channels within the Benelux and France even more than before. After withdrawing from the United Kingdom and Spain, the retailer is also discontinuing its collaboration with Dutch Wehkamp and French group Casino.
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French retailer Carrefour will soon launch a paid subscription formula in France, which offers a price reduction on all its own brands. With this, the Europe's third biggest retailer follows several supermarket chains of the Casino group.
French retailers Intermarché and Groupe Casino have now officially started the partnership, which they had announced earlier this year. The launch is part of the radical redesign that the European purchasing landscape is undergoing.
British online supermarket Ocado has the wind in the sails. In the past six months the retail revenue grew by about a fifth. On top of that, Auchan has become a buyer of its technology.
Groupe Casino and Amazon are expanding their partnership. Following in the footsteps of Monoprix, the supermarket and hypermarket chain is opening a store on the French premises of the American e-commerce giant. Customers will be able to pick up their click-and-collect orders.
Despite falling store sales again, French retail group Casino is seeing profitability improve. The retailer is doing very well online.
French retail groups Casino and Intermarché will not only purchase together, but will also develop digital services and produce private labels. It is the start of a redrawing of the French - and European - purchasing landscape.
Takeover rumours around Sainsbury's are once again abuzz as Czech investor Daniel Kretinsky has unexpectedly increased his stake in the British supermarket chain to 9.99 per cent.
Several indigenous groups from the Amazon are suing Casino, as they hold the French supermarket chain responsible for the deforestation of the area. The charges are specifically about the chain selling meat from extensive farming in Brazil and Colombia.
French retail group Casino performed better than expected last year: thanks to the corona crisis, sales at convenience stores and e-commerce rose sharply. But trading profit is also on the rise, and debts are being reduced further.
After the commotion surrounding the takeover bid by Canadian group Couche-Tard, Carrefour chief Alexandre Bompard wants to turn the page. "We are back on the offensive," he states. "But I don't see any big opportunities in France right now."
French food retailer Monoprix wants to conquer Europe, including the Benelux. But who is this Parisian, who suddenly wants to bring the "French touch" abroad?
Monoprix, the urban store banner of French retail group Casino, has ambitious plans for expansion throughout Europe. The retailer aims to double its turnover in ten years time.
French retail group Casino saw its comparable revenue increase in the third quarter, but continued to struggle in its home market. Analysts doubt whether the retailer will be able to benefit from the new French lockdown.
French supermarket group Casino published a favourable quarterly report, with an increase in turnover that it largely owes to the lockdown in France. Both online activities and convenience stores reported exceptional results.