Markets/France/News

France news 

16 March 2023
Casino Group has signed an exclusive agreement to merge its French retail activities with Teract A merger to create two entities Casino has announced its plans to merge with Teract, who operates a distribution network in France, focussed on garden centre / pet retail and food retail such as bakeries, organic and fresh produce specialist stores.  It is majority owned by the InVivo agricultur...
03 March 2023
ELO has revealed Auchan Retail’s full year results showing positive sales at a group level, considering the tough market conditions and extremely complicated economic and geographical climate. At a group level the retailer reported its sales revenue increased by 7.7% to €32,893m, driven by returning customers. Auchan has taken the active approach to consider the medium and long-term goals. Dur...
03 March 2023
Overall, the French retailer reported net sales of €33.6 billion, a 5.2% same-store growth, as its LATAM performance supports challenges in its home market. Larger formats struggle as convenience drives growth in France The French market has become a lot more competitive on price, which has become a challenge for the Casino banners. Despite the impact of inflation, volume sales have dropped...
14 February 2023
Apps, apparel, and finding love in aisle seven: our pick of global activity from leading retailers and brands to celebrate Valentine’s day. Brand love The global phenomenon for retail branded merchandise continues to grow. Convenience giant 7-Eleven has launched a special edition Valentine's range, including couples matching t-shirts, and clothing with slogans including “swipe right for sna...
03 February 2023
As Colruyt Group invests in AI and autonomous solutions in Belgium, it has also acquired French wholesaler Degrenne Distribution to support growth in the convenience channel. Second OKay Direct store Source: Colruyt Group The retailer has opened its second OKay Direct store in Belgium. The autonomous container store is located in the car park of Colruyt’s OKay Lennik store. It enabl...
16 December 2022
A new Beauty Box concept is being tested by Lidl France, a collaboration with French beauty giant L’Oréal. Lidl looks to improve its health & beauty assortment In the French town of Osny, Lidl has been trialing a new Beauty Box concept since February 2022. The new health and beauty section has been developed in partnership with the expertise of L’Oréal and from the pictures the results look...
15 December 2022
Carrefour acquired Atacadão, a hypermarket/cash & carry hybrid, in Brazil in 2007. Since then, it has grown to become the retailer’s most successful banner in the country, representing over half of Carrefour Brazil’s sales. The retailer recently outlined its 2026 strategy , which details plans to launch the banner in Europe in autumn 2023.   A unique store format… Atacadão belongs to...
15 December 2022
Colruyt Group reported the first half of its 2022/23 financial year has been impacted by the challenging macroeconomic climate. The retailer said its H1 had been impacted by high inflation, significant cost increases, and declining consumer confidence. H1 figures at a glance: Revenue grows 5.7% to €5.266 bn versus €4.98 bn a year ago Operating profit of €123m versus €211m a year ago ...
15 December 2022
Carrefour continues to innovate across Europe and Latin America. The retailer has introduced new initiatives to interact with Christmas shoppers. Whereas, Carrefour Brazil commits to freezing prices, as inflation continues to cause uncertainty. Carrefour continues to partner with organisations to offer shoppers new initiatives such as a Deliveroo Hop store in Italy and autonomous delivery in F...
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...