All France articles – Page 13
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News
Grand Frais to open first store outside domestic market
French fresh products wholesaler Grand Frais is to open its first store outside its domestic market, in Belgium. The shop is in Messancy, close to the French and Luxembourg borders.It will sell a wide range of fresh fruit and vegetables, dairy products, meat and seafood.Grand Frais operates about 130 stores ...
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News
Casino adds grocery offer to its Cdiscount website
Casino has added a grocery offer to its Cdiscount website. Shoppers receive free home delivery in metropolitan areas on orders over E20 (£17).Cdiscount is one of the most visited websites in France, and for the launch of the grocery service the etailer offered its cardholders a refund on their first ...
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AnalysisInternational analysis: Auchan on course to become €100bn retailer
Auchan’s sales jumped 5.8% to E46.9bn (£39.9bn) in the year ended December 31, fuelled by expansion and like-for-like performance.
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Casino to face French Competition Authority review
Casino is facing a review by the French Competition Authority (FCA) over its takeover of Monoprix from former joint-venture partner Galeries Lafayette.The grocery group notified the authority of the final takeover of Monoprix on February 6. However, the FCA has now stated that “such an operation raises serious doubts over ...
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Adeo claims 2012 results make it European DIY leader
Adeo has claimed its 2012 results now make it the European DIY leader, ahead of UK-based Kingfisher, which announces its 2012 results later this month.The owner of the Leroy Merlin banner reported that sales rose 8.3% to E14.9bn (£12.76bn) for the year, driven by a 3.4% rise in like-for-like sales. ...
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GalleryStore gallery: Karl Lagerfeld opens new concept store in Paris
Franco-German designer Karl Lagerfeld has just opened a new concept store in Paris that stocks only ranges bearing the designer’s name.
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AnalysisInternational analysis: Is Carrefour’s strategic plan equal to the market?
Despite challenges in formats and geography, Carrefour’s 2012 results were above expectations and saw its first rise in domestic profit.
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Grocery retailer Auchan reveals new supermarket format
Grocery retailer Auchan has revealed its long-awaited new supermarket format dedicated to fresh and gourmet food.It has been branded Arcimbo, after the Italian Renaissance painter Arcimboldo.
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News
Printemps owner, Borletti Group enters talks with Qatari Holdings
The owner of the French department store group Printemps, Italy’s Borletti Group, has entered exclusive talks with Qatar’s sovereign wealth fund, Qatari Holdings (owner of Harrods in the UK) to discuss a takeover.However, last week the tussle for Printemps took a new turn. France’s largest department store group, Galeries Lafayette, ...
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Turnover soars at Casino in 2012
Casino’s turnover soared 22.1% to E41.97bn (£36.91bn) in its full-year 2012 compared with 2011. Net profit climbed 84.4% to E1.07bn (£941m) thanks to the consolidation of its grocery subsidiary GPA in Brazil.In France, the retailer recorded a slight decline in turnover of 0.8% at constant exchange rates excluding petrol, to ...
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NewsIkea pulls meatballs from UK stores after horse meat discovery
Ikea has withdrawn meatballs from sale in UK stores after tests in the Czech Republic found traces of horse meat in a batch made in Sweden.
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News
Electronics retailer Darty issues profit warning
Electronics retailer Darty has issued a warning on its full-year profits.The retailer said if conditions continue, “adjusted profit before tax for the year to April 30 is unlikely to meet the lower end of expectations”. Darty’s total revenue in the third quarter to January 31 fell 2.5%, and like-for-like sales ...
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Revenue increase for LVMH’s Selective Retailing division
Revenue at LVMH’s Selective Retailing division, which includes beauty specialist Sephora, rose 22%, or 14% on a comparable basis, to e7.9bn (£6.8bn) in 2012. Profit from recurring operations increased 19% to e854m (£735.9m).The group said it continued to achieve “an excellent level of performance” and made market share gains across ...
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News
Regis Schultz appointed chief executive at Darty
Consumer electronics specialist Darty has appointed Regis Schultz, at present the head of French retailer But, as its new chief executive effective from May 1. He will take over from Dominic Platt, who has held the position temporarily since Thierry Falque-Pierrotin stepped down in September.
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News
Auchan to open hybrid drive-thru supermarket
Auchan is to open its hybrid drive-thru supermarket, Multifrais, in Villeparisis, Paris. The 14,300 sq ft store will be beside a motorway, close to a recently opened Auchan Drive, and will focus on fresh and gourmet food.Four food corners will be dedicated to meat, alongside a wine cellar, but the ...
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NewsMarks & Spencer eyes European expansion for Simply Food format
Marks & Spencer is to launch its Simply Food concept into other Western European countries after it enjoyed strong food sales in its Paris flagship store.
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NewsFurniture etailer Made.com expands overseas with French launch
UK designer furniture etailer Made.com has unveiled the first step in its international expansion strategy with the opening of its French website today.
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News
Casino reports sales growth
Casino has reported sales growth of 22.1% to e41.97bn (£35.25bn) in 2012, corresponding to a 4% organic rise (at constant consolidation and exchange rates).Fourth-quarter sales rose 3.2% to e12.9bn (£10.83bn). There was with an 8.5% rise for Casino’s international operations in Brazil, South America and Asia, compensating for a 2.2% ...
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AnalysisInternational analysis: French independents have right model for growth
French independent retailers including E.Leclerc, Intermarché and Système U, have all announced that they will report solid 2012 sales growth in their domestic market.
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News
Casino to enter Serbian market
Casino is to enter the Serbian market with seven supermarkets this year. The launch was enabled by an agreement between Casino and local partner Sodibal. The latter has also become official distributor of Casino products and supermarkets for the Balkan region.