Markets/France/News

France news 

02 September 2021
After announcing plans to launch a purchasing alliance , the partnership between Casino and Intermarché officially started on 1 September. The partnership starts ahead of the 2022 trade negotiations. Auxo to focus on range of solutions… As part of the alliance Casino and Intermarché will be purchasing goods together, but also developing digital services and producing private labels. The ...
31 August 2021
ELO, the new name for Auchan Holding, reported H1 revenue fell by 0.5%, at constant exchange rates, to €15.11 bn. However, its EBITDA rose 12.5%, again at constant exchange rates, to €757m, with its margin reaching 5.0%, up from 4.4% in the same period in 2020. In relation to Auchan Retail, turnover fell 2% on a like-for-like basis, excluding petrol and exchange rate effects, but including a 0...
24 August 2021
After a period of comparative inactivity, loyalty programmes are coming back into focus as retailers look to collect data to support long-term growth. However, short-term demands are coming increasingly into focus as retailers look to keep the new shoppers they gained during the pandemic. In this article we look at three schemes that standout and where programmes could go in future. Loyalty sc...
29 July 2021
As Carrefour France acquires a minority stake in quick commerce operator Cajoo, its operations in Poland looks to reduce plastic use and it appoints a new chief executive in Brazil, we round up five developments from the retailer. Carrefour acquires stake in quick commerce company in France In its Q2 results statement Carrefour announced its acquisition of a minority stake in quick comm...
29 July 2021
Casino has reported Q2 results showing continued pressure in its home market, even on a two-year basis, was being offset by strength in its operations in Latin America. In Q2 2021 Casino reported total sales fell by 6.5%, to €7.3 bn, with organic and same-store sales down by 2.4% and 4.1% respectively. However, the retailer did note the high basis of comparison with Q2 2020, when lockdowns wer...
29 July 2021
Metro Group has published Q3 results and announced it has raised its outlook for sales and EBITDA for its 2020/21 financial year due to ‘ better than expected business development since the easing of restrictions ’. Like-for-like sales up by 15% in Q3… Metro reported total sales were up by 12.2% to €6.2 bn, while sales in local currency and like-for-like terms rose by 15.4% and 15.0% respec...
29 July 2021
Carrefour has announced Q2 and H1 results showing continued strength in several markets, especially France. At a group level, Q2 showed a sequential slowdown on Q1’s performance but was against a high comparable base in 2020. In H1 the retailer said like-for-like sales rose 3.9% to €38.3 bn. H1 highlights In the first half of its 2021 financial year, Carrefour noted several positive develop...
20 July 2021
Carrefour has, to coincide with the first activity report from France’s National Pact on Plastic Packaging, reaffirmed its commitment to limiting the application of single-use plastic, among other initiatives. Carrefour has set itself ambitious targets for 2025 By 2025, Carrefour has targeted: Cutting single-use plastic packaging by 20,000 tonnes Having recycled material account fo...
19 July 2021
As Carrefour implements a big data platform across several countries, Carrefour Belgium is working with Google Cloud and, in its home market, it is rolling out parcel collection lockers, we round up news from the retailer. Carrefour implements big data platform, Eagle Carrefour has announced it has implemented Eagle, which it describes as being ‘ a new big data platform that can consolidate...
16 July 2021
Lidl and Kaufland’s parent company, Schwarz Group, has released its 2020/21 financial results. The group enjoyed strong growth of 9.6%, taking its total sales to €125.3 bn. Lidl continues to drive the group’s sales, advancing by 9.9%, while Kaufland posted an increase of 7.5%. Lidl reinforces its position as Europe’s largest retailer Lidl’s total sales reached €96.3 bn, which will mean it w...