Hypermarkets

Groupe Casino Announces Successful Bond Tender

French retail giant Groupe Casino has announced a successful bond tender for a total amount of around €800 million, in the context of its refinancing...

Russia's Lenta Sees Like-For-Like Sales Up, Despite "Challenging" Market

Russian retailer Lenta has posted a 2.9% increase in like-for-like sales in the first half of its financial year, to 30 June, with store traffic up 2.1% an...

Could Géant Be Up For Sale As Part Of Groupe Casino's Latest Asset Disposals?

Following the announcement that it is targeting a further €2 billion worth of asset sales, a leading retail analyst has suggested that Groupe Casino's...

French Retailer Casino Targets Further €2bn Of Asset Sales

French supermarket retailer Casino is targeting a further €2 billion of asset sales, stepping up plans to cut debt and improve financial performance....

Tesco Set To Downsize Hypermarkets In Poland: Reports

Tesco is planing to downsize its hypermarkets in Poland to so called 'compact hypermarkets', according to media reports. News portal Wiadomości Handlowe...

Retailer Casino Scraps Dividend As It Pursues Debt-Cutting Plans

French supermarket retailer Casino, which is battling investor concerns over debts and its ability to generate cash, scrapped dividends as it targeted net...

Slow Hypermarket Sales Drag Down Italian Retailer Coop Alleanza 3.0

Italian regional cooperative and retailer Coop Alleanza 3.0 closed 2018 with losses of €289 million, a significant increase on the €37 million lo...

French Hypermarket Sector Continues To Lose Share, Kantar Data Reveals

The French hypermarket sector continues its steady decline, dropping by 80 basis points year on year in the fourth four-week trading period of the year (P0...