Casino

Groupe Casino Sales Jump As Lockdowns Drive Food Purchases

A pick up in food purchases triggered by coronavirus lockdowns extended a revenue bounce at French supermarket group Casino in the second quarter, with the...

Casino Shareholders Grant French Investor Fimalac Board Seat

Casino's shareholders have granted Fimalac, the French financial group owned by billionaire Marc Ladreit de Lacharriere, a seat on the board of the French...

Casino Plans Further 300 Convenience Stores By Next Year: Report

French retailer Casino plans to open a further 300 convenience stores to tap into growing customer demand for proximity, its boss told the Le Figaro newspa...

Brazil's GPA Posts Q1 Loss As Overhaul Costs Outweigh Better Sales

Brazilian food retailer GPA SA has reported a quarterly net loss of 130 million reais (€20.4 million), as costs related to the acquisition of Colombia...

Kretinsky Tightens Tie With France's Casino In Rallye Deal

Czech businessman Daniel Kretinsky has tightened his ties with French retailer Casino by refinancing derivatives deals struck by its indebted parent Rallye...

Groupe Casino Teams Up With Beyond Meat

Groupe Casino has signed an agreement with Beyond Meat, which will see the plant-based producer's products go on sale at Monoprix, Franprix, Géant and Cas...

Casino Cuts 2019 French Profit Goal As Strikes Weigh On Fourth Quarter

French retailer Casino slashed its forecast for 2019 French operating profit growth due to the impact of transport strikes in the fourth quarter....

Casino Parent Rallye Extends Observation Period With Creditors

Rallye and other shareholders of French retailer Casino agreed with bankers to extend by six months an observation period of proceedings with creditor...