Latest Intelligence on Convenience Stores and Traditional Grocers in France

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Type Product title / description Pub Price
CommentWire
CommentWire

Casino's diversification drives growth

Casino had a buoyant year in 2008, with sales rising 14.9% to E28.7 billion and earnings before interest, taxes, depreciation and amortization up 8.5% to E1.9 billion. Diversification played a fundamental role in this success, allowing the company to cater to changing consumer behavior in France. The group's multi-format, international spread should help it to weather the current economic storm.

Published By Datamonitor
06 Mar 2009
Expert View
Expert View

Auchan: poor hypermarket performance pulls down revenues

Following a challenging year in 2009, French grocer Auchan has reported a marginal rise in sales, driven by its stores abroad. Weak domestic sales and a flagging hypermarket format have prompted the retailer to develop new store formats to meet consumer demand for low prices. Repositioning the hypermarket will prove to be a cost-effective strategy that will boost sales of the format going forward.

Published By Datamonitor
16 Apr 2010

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