Markets/France/News

France news 

20 January 2021
Casino-owned Cdiscount has set out several strategic initiatives as it aims to support ‘ businesses to accelerate European ecommerce ’. Cdiscount launches ‘ complete marketplace solution ’… As it looks to embed profitable and international growth Cdiscount has said it is using its online expertise to launch a B2B business, which it says provides a ‘ complete marketplace solution ’ including...
20 January 2021
France-based Casino is sustaining its pace of innovation, both in-store and online. With COVID-19 changing shoppers’ behaviours the retailer has launched a new banner, #Home, and is evolving its online offer. Casino adds #Home to its range of banners… Continuing its trialling of new banners and concepts, local trade publication LSA has launched a new banner, #Home, with the opening of its f...
18 January 2021
Having entered in preliminary discussions around a potential transaction, these have now ended, with Carrefour and Couche-Tard switching their focus to explore opportunities for operational partnerships. Opposition to any deal The discussions had been initiated by Couche-Tard’s “friendly approach” to Carrefour with the objective of acquiring the France-based retailer. However, these d...
14 January 2021
As Metro continues its evolution as a company, we round up developments in Spain, France and Romania as it looks to strengthen its operations globally and in the specific countries. Metro to promote digital transformation with Wipro Metro and Wipro have announced a strategic digital and IT partnership ‘ to drive forward the transformation of the Group's IT and to concentrate more strongly i...
14 January 2021
Canada's Couche-Tard, which operates the Circle K chain of convenience stores globally, has submitted a non-binding offer letter to Carrefour for a "friendly combination" at a price of EURO 20 per share, in a US$20bn deal. The terms of the transaction are under discussion, but there can be no certainty at this stage that these discussions will result in any agreement or transaction. Retail’s d...
12 January 2021
France trade publication LSA has reported that Auchan Group has changed its management team to bring in new governance of the group with the appointment for each country of a president and vice-president. Management changes aimed at accelerating decentralisation process LSA, quoting a document, said the appointments are ‘ …a question of accelerating the move towards decentralisation by allo...
11 January 2021
Following on from the appointment of Yoann Alarçon as director of traditional fresh products at Carrefour France, local trade publication Lineaires has reported one of Alarçon’s first decisions has been to stop the retailer selling strawberries in January. Alarçon appointed as director of traditional fresh products at Carrefour France Carrefour France appointed Yoann Alarçon, who was the fo...
07 January 2021
Variety discounter B&M's Q3 results (13-week period from 27 September to 26 December 2020) show positive growth across the majority of the business, particularly its UK banner.  Revenue growth across all banners, expect Babou Group revenue +22.5% to £1,398.5m (2019: £1,138m) B&M UK +26.6% to £1,211.8m (2019: £957.4m) Heron Foods +7.6% to £102.9m (2019: £95.6m) Babou (France) -1.4% ...
04 January 2021
As 2021 begins, we can reflect that 2020 didn’t play out as we might have expected. The Coronavirus (COVID-19) pandemic has led companies to reflect on their priorities and focus on shorter time scales. In this article, we consider five key themes we expect to shape retailers’ strategy in 2021 and share videos of this in practice. 1. Drive for value Delivering value has been a defining tr...
24 December 2020
Due to concerns over the new coronavirus variant a travel ban was imposed by France on people entering the country from the UK on Sunday 20 th December. On Wednesday 23 rd , the ban was eased for those meeting certain requirements. This article provides a summary of the current situation and what has happened over the past few days. Travel ban eased The French government has agreed to ease...