All France articles – Page 18
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News
Carrefour hypermarkets not matching performance of pilot stores
Carrefour said its new Carrefour Planet hypermarkets weren’t matching the performance of the format’s pilot stores. Compared with the pilots sales at newer Carrefour Planet stores have not been increasing as strongly.However, group chief commercial officer José Carlos Gonzalez-Hurtado has said the results were still ahead of the September 2010 ...
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News
PPR suspends sale of Redcats division
PPR has suspended the sale of its Redcats division, citing market conditions as the reason for a failed auction process. First round bids for Redcats were due to be completed last week, with acquisition firms TPG and PAI working on a joint bid. Permira, Apax Partners and Advent International were ...
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AnalysisCarrefour unveils plans for Parisian superstore
French international grocery retailer Carrefour has announced plans to open a one-off premium superstore in Paris within a year.
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News
ITM announces sales growth
ITM, the operator of Intermarché grocery formats, has announced sales grew by 6.3% including petrol for the first half of 2011. The retailer’s hypermarket division saw sales rise 3% while supermarkets sales increased by 2.7% for those selling non-food, and by 1.9% for those selling food only. For the convenience ...
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News
DIY retailer Leroy Merlin to enter Romanian market
French DIY retailer Leroy Merlin is set to enter the Romanian market with the opening of a 183,000 sq ft store in Bucharest this month.The company has reportedly invested e6m (£5.1m) in the store, which will employ 250 staff and be managed by a team of French and Romanian staff.Leroy ...
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News
Carrefour announces plans to operate 46 drive-in stores
Grocery giant Carrefour has announced plans to operate 46 drive-in stores in France by the end of the year, following the opening of its second drive-in store last week.Customers order their groceries online, then drive to the stores and collect the items, which have all been packed beforehand.The retailer announced ...
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AnalysisCarrefour resets French strategy as profits dive
After reporting a 22% fall in first half operating profit, including a dramatic 40% decline in France alone, Carrefour has launched a new commercial strategy for France called Reset.
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News
Auchan posts consolidated revenue increase
Auchan has posted a 5.8% increase in consolidated revenue, excluding fuel, to E21.2bn (£18.6bn) for the first half of 2011. Like-for-like sales were up 1.3%. Revenue trends varied, however, by country. In France Auchan delivered a revenue increase of 3.3%. Sales from the retailer’s other Western European markets fell 0.8%. ...
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News
Intermarché launches new marketing campaign
Independent grocery chain Intermarché has launched a marketing campaign that offers to refund the price difference on 250 brands if customers find them cheaper at rival stores. The campaign began at the end of August in time for the back-to-school and back-to-work period in France, and will run for a ...
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News
Lagardère Services announces strategic partnership with Fnac
Lagardère Services has announced a strategic partnership with PPR-owned Fnac to develop a network of small stores (less than 3,770 sq ft) at train stations and airports across France and Spain. Lagardère Services will provide Fnac with its expertise in operating travel retail stores while Fnac will deliver its product ...
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News
Grocery retailer Casino announces sales growth
Grocery retailer Casino has announced its second-quarter and half-year results for 2011. The retailer reported that consolidated net sales for the quarter rose by 18.8% to E8.3bn (£7.2bn) – a 4.7% rise achieved in the first quarter.The growth reflected the consolidation of the Casas Bahia electronics chain in Brazil within ...
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News
Fnac outlines new strategy for growth
PPR-owned book and music retailer Fnac has outlined a new strategy for growth, encompassing store openings, an overhaul of its product offer and a redesign of its ecommerce site.By 2015 the company expects to open 80 new stores in France, including 50 in a smaller format. It will reorganise stores ...
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News
Auchan set to more than triple store count
French hypermarket operator Auchan has said that it plans to more than triple its store count in Russia within five years.The retailer aims to be operating up to 150 stores in Russia ranging between 107,640 sq ft and 215,280 sq ft. It said it would probably open more Radouga discount ...
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News
Boulanger begins rebrand of Saturn stores
Consumer electronics retailer Boulanger has begun the rebranding of the Saturn stores it acquired from Metro Group last week. HTM Group, the owner of Boulanger, plans to rebrand the Saturn stores to Cap Boulanger, and then to Boulanger by 2014.Six Saturn stores are going to be remodelled by the end ...
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News
Carrefour to increase private labels
Carrefour chief executive Lars Olofsson has confirmed that he wants its private labels in France to account for 40% of its turnover, up from 25% currently. For this aim, more than 1,500 new products will be launched before the end of the year with the packaging being revamped.Furthermore, consumers will ...
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News
Boulanger receives approval for acquisition
Consumer electronics retailer Boulanger has received the approval of the competition authorities for its acquisition of Metro Group’s Saturn stores in France. The purchase price of the transaction has not been made public. In order to get the approval of the competition authorities, HTM Group, the owner of Boulanger, has ...
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News
Carrefour and Pixmania sign strategic agreement
Carrefour and Dixons Retail-owned Pixmania in France have signed a strategic agreement in the non-food product segment. Under the agreement, Pixmania will develop and deliver a multichannel website in a number of European countries for Carrefour’s non-food offer.Pixmania will also support a marketplace platform for Carrefour customers to access a ...
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GallerySuper markets
Food retail store design thinking says that supermarkets lack character and that if elements of traditional markets can be put into them, all will be well. But is this viable? John Ryan reports
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NewsKesa forecasts slashed as costs rise
Anglo-French electricals group Kesa, which last week posted full-year results and confirmed it may sell UK chain Comet, is on broker Shore Capital’s sell list.
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News
French competition authorities approve Saturn's 34 acquisitiion
The acquisition of Metro Group-controlled Saturn’s 34 Saturn consumer electronics stores in France has been approved by the French competition authorities with conditions. The chain is to be sold to HTM Group, the operator of the Boulanger banner, and is due to take effect today.HTM will take over existing staff, ...