Groupe 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...

Groupe Casino Offloads Vindémia Business For €219m

Groupe Casino has finalised the sale of its Vindémia business, which operates a number of stores on the islands of Reunion, Madagascar, Mauritius and Mayo...

Groupe Casino CEO Takes 25% Pay Cut Due To Coronavirus

The chairman and chief executive of Groupe Casino, Jean-Charles Naouri, has taken a 25% reduction in remuneration for the months of April and May 2020, the...

Groupe Casino To Deliver Two Million Protective Masks To Healthcare Staff

Groupe Casino has announced it is to deliver two million protective surgical masks to healthcare personnel by the end of April, after a fundraising drive i...

Fimalac To Provide New Financing For Casino's Holding Company

French financial group Fimalac has agreed to provide new financing facilities for Rallye, the holding company behind supermarket retailer Casino which...

Groupe Casino Sees Profits Down, Pledges To Maintain Asset Disposal Plan

French retailer Groupe Casino has achieved a 2019 group operating profit of €1.292 billion, down 3.1% at constant exchange rates. The group said on...

Paris Commercial Court Approves Rallye's Safeguard Plan

The Paris Commercial Court has approved the safeguard plan for Casino parent Rallye and its subsidiaries Cobivia, HMB, and Alpétrol. The companie...

Kretinsky Increases Stake In French Retailer Casino

Czech investor Daniel Kretinsky has increased his stake in French retailer Groupe Casino to more than 5%, through his Vesa Equity Investment vehicle, opera...