All France articles – Page 14
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News
Redcats begins sale negotiations for children and family division
Luxury retailer PPR’s Redcats division is thought to have begun exclusive negotiations with investment fund Alpha about the sale of its children and family division, which includes the Vertbaudet and Cyrillus brands.The division was put up for sale in October. In 2011, Vertbaudet generated sales of E252m (£204.9m), while Cyrillus ...
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Monoprix to open 50 stores in France
Casino’s Monoprix banner is to open 50 stores in France by the end of this year. Monoprix will ultimately operate a network of 523 stores.The fascia will also be fully integrated into Casino following its acquisition of former partner Galeries Lafayette’s stake in the joint venture for E1.18bn (£959.4m) last ...
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Grocer Casino plans a 100 drive-thrus by next year
Grocer Casino is planning to operate more than a 100 drive-thrus by next year, following a positive operation with a Leader Price master franchisee in southwest France.The service will subsequently be rolled out nationwide. Leader Drive operation director Pierre Dumeste said in-store picking was the most appropriate operating method for ...
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Auchan reports successful mobile payment trial
Grocer Auchan has successfully trialled a new mobile payment system called Flash’n Pay, it has been reported.The mobile wallet, developed by the retailer’s financial services subsidiary Oney Banque Accord, allows customers to pay with their smartphones and also manage coupons and loyalty points from the same application.The system is compatible ...
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Monoprix appoints new chairman and chief executive
Casino-owned variety store group Monoprix has appointed Casino chief executive Jean-Charles Naouri as chairman and chief executive, replacing Philippe Houzé.The hire follows Casino’s acquisition of the 50% stake in Monoprix previously held by Galeries Lafayette. The deal is expected to be approved by the French Competition Authority next year.
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Amazon introduces Black Friday and Cyber Monday to France and Germany
Amazon has introduced Black Friday and Cyber Monday to its customers in France and Germany, with lightning deals and special offers to drive Christmas sales.As the promotion ran for its third year in the UK, ‘Le Black Friday’ and ‘Cyber Monday Woche’ entered the vocabulary of customers in Europe.Apple, Rakuten’s ...
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Electricals retailer Darty reports fall in revenue
Electricals retailer Darty, formerly Kesa, reported a 2.2% fall in revenue for the six months to October 31.The drop reflected a poor performance in the retailer’s domestic market, where sales slipped 3.9%, and its developing division (Spain, Italy and Turkey), where sales fell 2.6%.Like-for-likes showed a similar pattern, falling 1.7%. ...
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L’Occitane launches interactive digital catalogues
Beauty retailer L’Occitane has launched interactive digital catalogues across its website and Facebook pages.Featuring animation, multi-point interactive zones and social media integration, the 64 digital catalogues can also be viewed and shared via any mobile device.
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AnalysisInternational analysis: Fnac tie-up with iTunes would be sign of the times
French entertainment retailer Fnac is to stop offering MP3 music downloads through its Fnac.com website and will instead sell via Apple’s iTunes platform, it has been reported.
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Carrefour to open 400 drive-throughs
Carrefour is to open 400 drive-throughs across its domestic market by the end of 2013.At present the grocery giant operates 177 drive- through outlets: 102 are linked to its Carrefour Market supermarkets, 68 are attached to Carrefour Hypermarkets and seven are standalone drive- throughs. The majority of the additional openings ...
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AnalysisInternational analysis: Carrefour agrees sale of stores as it exits Colombia
French retailer Carrefour is to sell its Colombian operations to Chile-based Cencosud for E2bn (£1.63bn), including debt, by the end of the year.
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AnalysisInternational analysis: Small stores and digital key to Carrefour’s future
Last week, the world’s second largest retailer, Carrefour, posted its third-quarter results.
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Carrefour launches more targeted discount vouchers
Carrefour has launched more targeted discount vouchers in its 1,200 domestic hypermarkets and supermarkets.The retailer is now offering shoppers a voucher on a branded product, based on their shopping behaviour and purchasing history in the store. Targeted vouchers totalling several million euros will be distributed in its stores. Each voucher ...
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Louis Delhaize acquires stake in France-based Monnier Frères
Grocery retailer Louis Delhaize has acquired a majority stake in France-based Monnier Frères, an online women’s luxury accessories shop, food magazine Linéaires has reported.Louis Delhaize paid e3.5m (£2.8m) for the stake and is to invest another e3.5m in developing the business internationally, especially in the US and Asia. At present ...
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PPR to sell Fnac book and electronics chain
Luxury group PPR plans to sell its Fnac book and electronics chain as well as La Redoute, according to the Journal du Dimanche.The retailer is forging ahead with plans to divest both retail divisions in order to focus on its core luxury goods business.
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Carrefour developing a ‘Courses Éco’ corner
Carrefour is developing a ‘Courses Éco’ corner dedicated to its entry price products in a handful of Paris and northern France stores.The initiative echoes Auchan’s own discount zone, with 400 SKUs across food, household and health and beauty. The assortment also includes around 20 products in bulk, alongside a broad ...
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Leclerc latest store to feature new logo
Leclerc is to open a hypermarket in Le Breuil next week that will feature a new logo. Leclerc will be written in lowercase and the logo will be on a white background instead of blue.The retailer’s new look won’t come into effect in other stores until November 1.
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Casino develops new store model for Naturalia
Casino is developing a new model for its organic products banner Naturalia. A new Paris store will feature enhanced signage with detailed explanations of displays for customers unfamiliar with organic food. The store will be traditional in appearance, with recycled wooden pallets and gravel-look flooring. The design will be applied ...
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Darty’s chief executive Thierry Falque-Pierrotin to depart
Electronics retailer Darty’s chief executive Thierry Falque-Pierrotin will leave the group by mutual agreement following completion of a group review. The search for a replacement has begun.A comprehensive review of the business, which Darty intends to complete by December, will cover all aspects of the business, including the rejuvenation and ...
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Carrefour reveals plans to pilot self-scanning
Carrefour has revealed plans to pilot self-scanning through shoppers’ smartphones at two or three hypermarkets.Other retailers trying out similar approaches include Metro in Germany, Auchan in France and Albert Heijn in the Netherlands.Following successful test implementations, Ahold’s US business has opted to roll out the technology nationwide.