Hypermarkets

Germany’s Globus Posts Positive Results In A Challenging Financial Year

Globus Group closed its financial year 2023/2024 with a 'positive earnings performance' as EBIT increased 2.4% year on year amid a difficult macroeconomic...

More Than 2,000 Jobs At Risk As Auchan France Announces New Social Plan

Retail giant Auchan France plans to axe around 2,389 jobs in France as part of its new social-plan project, according to media reports.

Groupe Casino To Refocus On Convenience Stores, Completes Disposal Of Hypermarkets

Groupe Casino has sold its 51% stake controlling stake in 60 stores to Groupement les Mousquetaires, following agreements announced in May 2023.

Groupe Casino Offloads Assets Worth Over €200m

Groupe Casino has announced it has finalised the sale of 26 retail assets for a net selling price of more than €200 million, excluding subsequent earn...

Continente Introduces Yoghurt Drink With One-Year Shelf Life

Portuguese retailer Continente has introduced Yogoody Shake, a powdered yogurt drink that, it claims, is set to transform the yogurt market.

Chilled Soup Market To Grow At A CAGR Of 5.1% Over The Next 10 Years, Study Finds

Global revenue in the chilled soup segment is projected to reach US$840.4 million (€777.2 million) in 2024 and increase at a CAGR of 5.1% to 2034, acc...

Groupe Casino Sells 66 Stores To Groupement Les Mousquetaires, Auchan Retail France

French retailer Groupe Casino has announced the sale of 66 stores to Groupement Les Mousquetaires and Auchan Retail France.

Premium

Casino Goes All-In On Convenience In Transformation Plan

Groupe Casino has announced details of a new 'transformation plan', which will see it focus more on the convenience channel, cut jobs, and sell underperfor...