Markets/France/News

France news 

11 November 2022
B&M reported positive performance in the first half of its financial year 2023. Its positive results were driven by shoppers trading down because of the cost-of-living crisis. As it enters the second half of its financial year, B&M said it had seen strong sales in the first six weeks of the golden quarter. B&M Group: Q2 drives positive performance B&M’s group revenues increased by 1.8% t...
09 November 2022
The Carrefour group shared its new strategic plan to 2026, which reflected on its achievements and showcases its new evolving strategic plan. The group plans to build a stronger and more competitive model which creates more value. Carrefour has set several objectives to gain market share, reduce food waste, increase its commitment to climate change and enhance its private label range. Taking a...
28 October 2022
Casino Group has reported net sales growth of +10.6% and +5.4% on a same-store basis in Q3 2022. Convenience channel boosts sales in France In Q3 2022, Casino saw sales increase by +3.9% on a same-store basis in France, an improvement on its Q2 performance of +3.4%. Its French retail sales reached €3.6 bn in Q3. Its convenience stores showed the biggest increase in sales, as the continue...
27 October 2022
Carrefour reports a strong performance in a challenging environment, especially as inflation accelerated across all European markets. The retailer confirms its sales in Q3 2022 reached €23,504m an increase of 19%, with like-for-like (LFL) sales growing by 11.3%, compared to Q3 2021. Source: Carrefour Alexandre Bompard, Carrefour’s Chairman and CEO addresses Q3’s outcomes ‘In an en...
12 October 2022
Carrefour continues to innovate across Europe. In Italy it has launched its first remodelled hypermarket, to help drive growth in the channel, while it has also increased its commitment to reducing food waste, as Carrefour Belgium and Carrefour Poland aim to tackle the issue. Carrefour Italia reveals its first remodelled hypermarket Carrefour Italia has opened its first updated hypermarket,...
02 September 2022
ELO, previously known as Auchan Holding, reported H1 revenue grew by 6.3%, with current operating profits growing by 24%. Auchan Retail reported an increase in turnover by 6.2% to €15,380m in H1 2022, compared to the same period in 2021.   Auchan Retail claimed EBITDA decreased by 21% to €440m in H1 2022, revealing Auchan France contributed majority of this fall, as a direct results of business...
30 August 2022
As inflation continues to rise across Europe, Carrefour has implemented methods to help protect shoppers purchasing power in France, as well as supporting organic farming. The retailer also continues to expand its format offer in Poland, opening its first franchised hypermarket. Furthermore, Carrefour Italia’s expansion has reached 1,500 stores across 19 regions.   France: Carrefour fights infl...
29 July 2022
Casino Group has reported positive sales growth in Q2 to record a turnover of €15.9 bn in H1 2022, up 9.8% against H1 2021. Trading profit however has fallen 13.4%, to €380m in H1 2022. France: Convenience drives the recovery as tourism returns Net sales in French retail for H1 2022 saw a 1% increase YoY, as it reported sales of €6,935m. The retailer will be buoyed by a return to sales grow...
28 July 2022
Carrefour reports a strong performance in a challenging environment and confirms its consolidated net sales in the first half of 2022 rose 13.2% to €39,054m with like-for-like (LFL) sales up by 5.4% compared to H1 2021. Source: Carrefour Carrefour France: positive Q2 sales performance The group revealed its consolidated Q2 sales increased by 17.2% to €23,078 and LFL sales increased by ...
26 July 2022
In a month where Lidl announced opening its 12,000 th store worldwide, we look at five recent developments that help make its growth environmentally sustainable. 1. Lockers support online retailers reduce carbon footprint Lidl France has partnered with Mondial Relay to roll-out customer collection lockers at stores. The first lockers at a Lidl store, and 1,000 th for Mondial Relay, opened...