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The Company also announced the completion of Apollo's acquisition of a subsidiary of Paris-based Casino Guichard-Perrachon, S.A. (“Groupe Casino”).


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Casino: Four Brands To Install Shops In Shop In Geant Casino, Casino Supermarches hypermarkets, Casino Supermarkets, Monoprix, Franprix, Leader Price, Spar, In financial sector, its subsidiary Banque Casino is the retail bank that BRIEF-Casino CFO: Group faces strong demand for food during coronavirus crisis.


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Casino Group or Casino Guichard-Perrachon is a French mass-market retail Group. It was Subsidiaries · Géant Casino; Casino Supermarchés; Hyper Casino; Petit Casino; Casino Shop; Casino In , Casino Group acquired Monoprix (50% of it), Franprix, Leader Price and Cdiscount. A Geant Casino hypermarket.


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Casino Guichard Perrachon SA (Público, la EPA: CO) is a France-based company that owns and under the brand name Geant Casino and Hyper Casino; supermarkets Casino Supermarches, Franprix and Monoprix; discount stores Leader They sale of its 57% owned subsidiary Super de Boer to Dutch retailer Jumbo.


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The Company also announced the completion of Apollo's acquisition of a subsidiary of Paris-based Casino Guichard-Perrachon, S.A. (“Groupe Casino”).


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Casino Group or Casino Guichard-Perrachon is a French mass-market retail Group. It was Subsidiaries · Géant Casino; Casino Supermarchés; Hyper Casino; Petit Casino; Casino Shop; Casino In , Casino Group acquired Monoprix (50% of it), Franprix, Leader Price and Cdiscount. A Geant Casino hypermarket.


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Casino Guichard Perrachon SA (Público, la EPA: CO) is a France-based company that owns and under the brand name Geant Casino and Hyper Casino; supermarkets Casino Supermarches, Franprix and Monoprix; discount stores Leader They sale of its 57% owned subsidiary Super de Boer to Dutch retailer Jumbo.


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Groupe Casino operates a wide range of hypermarkets, supermarkets, and convenience Monoprix acquired by Groupe Casino Franprix Holding Subsidiary.


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A warehouse for fresh produce was opened in Rhone a Grigny the following year. The company next partnered with Colombia's Exito group, acquiring 25 percent of that company in in order to participate in its expansion throughout Colombia, Venezuela, Equator, Bolivia, and Peru. Back at home, the company merged its Auto Service operation into the Feu Vert chain, an agreement that gave Casino a 38 percent stake in Feu Vert. Together, the company's international operations combine to produce 23 percent of the company's sales. The company remained one of the top French retail groups--fighting for the title among rivals Carrefour, LeClerc, and Auchan. By the end of the year, Rallye had successfully fought off Promodes to become Casino's majority shareholder. Antoine Guichard announced in July that company employment would be cut by 1, before the end of Guichard explained that the company was being undercut by independent rivals offering lower prices because of their lower operating costs. Looking toward the European Economic Union of , Casino also bought 39 percent of an important Italian retailer, La Rinascente, in Casino moved into second place among French food distributors by acquiring struggling rival Rallye S. This transaction apparently was made to enable Casino to reduce its debt, which had grown to FFr 4. Sales had neared EUR 23 billion, despite the difficult economic climate and a consumer spending slowdown in its core French market. The company also attempted to extend to the Internet, with the e-commerce site C-mes-courses. The one opened in Saint-Etienne in was offering 27, products two years later. The industrial complex of Pont-de-l'Ane produced chocolates, confectioneries, and preserves, 85 percent for Casino's retail needs. Guichard also sponsored the city's museum of modern art and its soccer team, traditions the company maintains. To stock the stores it was necessary to build a warehouse in Saint-Etienne. In the early s it had 45 different departments, 2, parking places, and a staff of , and was accompanied by an auto service station, a cafeteria, and a gallery of shops. Casino Guichard-Perrachon S. Its first cafeteria was introduced in Saint-Etienne in The one in Saint-Etienne covered 10, square meters , square feet. Hypermarkets also saw a 10 percent annual gain in sales volume, compared to 2 percent for the industry as a whole. In Casino stock reached a price level it would not attain again during the next four difficult years. User Contributions:.{/INSERTKEYS}{/PARAGRAPH} The latter sector consisted of the restaurant chain Hippopotamus and the cafeteria chains O'Kitch and Quick, making Casino the largest food chain in France in number of meals served. The French parent saw a 10 percent increase in turnover in to FFr However, Casino continued pursuing an aggressive acquisition program and in bought an 88 percent share of CEDIS, owner of hypermarkets, supermarkets, and smaller grocery stores. In , Casino extended its French retail network with the purchase of a strong chain of Proxi convenience stores. Under Casino, Big C expanded rapidly, building a network of 20 hypermarkets by the end of South America became another important expansion market for the company at the turn of the century, starting with a franchise agreement with Uruguay's Disco retail group. Food processing declined to only 3 percent of revenues by , while American revenues increased to nearly 8 percent of the total. Perrachon's nephew Geoffroy Guichard later became partner of what became the Etablissements Guichard-Perrachon. Casino intended to use Thriftimart outlets to distribute its lines of jelly, jam, and bottled water. Its Casino USA subsidiary held a Back at home, in , Casino took a 65 percent share in the creation of a new group, Spar France, joining with IPAG, the owner of Spar International and French distribution group Mariault, to introduce the Spar convenience store format to France. Later in the year Casino entered into a joint venture with a subsidiary of the giant French oil company ELF-Aquitaine to create service stations, supermarkets, and fast-food outlets. A soap factory and oil works were built in Marseille, and a perfume plant was opened in Saint-Etienne in Two more warehouses, at Chalon-sur-Saone and Avignon, opened in In a vast warehouse was established in Marseille to serve the entire southeast of France. He said the company would respond by renovating and remodeling its stores, and reorganizing the hypermarkets, supermarkets, and smaller food stores into separate and autonomous divisions. Casino then sold Quick in American operations constituted another 6 percent of the company's volume, with food distribution accounting for the other 76 percent. A new marketing division would be concerned with consumer relations, price, and the purchase and securing of provisions. Three great bottling plants were located in Beaucaire, Lyon, and Clermont-Ferrand, and Casino began exporting two million bottles of wine a year to other European Community countries. {PARAGRAPH}{INSERTKEYS}Now a century old, the Casino Group that Geoffroy Guichard founded remains true to the values that have underpinned its success: quality, local service, social responsibility, respect. Casino's expanded operations enabled it to increase sales to FFr Like other retailers, Casino was affected by stagnant consumer spending during a national economic recession that year. It had also begun its assault on the global market, with plans to position itself among the world's major retail groups in the new century. Naouri also set in place a new expansion drive for Casino in order to boost the company's value and thwart the Promodes offer. There was a meatpacking plant at Saint-Priest and one for roasting meat at Marseille that not only satisfied Casino's needs but also exported products overseas. The Group is proud of its values, and aims to found its future development on ten priority commitments towards its employees, its customers, its shareholders and all who have a stake in the Group. Casino's acquisitions were part of the consolidation of the food industry taking place throughout France. The partnership's first store opened in Taichung in The following year, Casino bought 66 percent of Thailand's Big C hypermarket group. The marriage of retailer Antoine Guichard and financier Jean-Charles Naouri had sparked skepticism by a number of observers. In Europe, the company has built up a network of 11 hypermarkets in Poland, and, since , has entered the Netherlands through its purchase of Laurus. Yet its greatest period of expansion was not to begin until , when it opened its first supermarket in Grenoble. The father of eight children, Guichard was a paternalistic employer, and the company continues to give out scholarships to the descendants of his workers. SAIC was a building society managing thousands of dwellings. Finally, a fleet of trucks transported goods from Casino's 11 great warehouses. With that agreement, Casino's direct and indirect holdings made it South America's second largest retail group. The American-style hypermarket first made its appearance in France in By there were of these giant stores, accounting for one-fourth of food revenues. Promodes, licking its wounds, then hooked up with Carrefour, becoming the country's leading retailer--and one of the largest retail groups in the world. Toggle navigation. By warehouses also were located in Clermont-Ferrand, Lyon, Roanne, and Beaucaire, the latter to store wine. In Casino expanded further by acquiring a 46 percent interest in Paridoc and Giant supermarkets and a 99 percent interest in Etablissements Deloche, a wholesaler. Casino too had set its sights on further international expansion. In , the company made its latest effort to expand beyond France, opening a first store in Poland. In a new factory replaced the existing facilities for making chocolate, confectioneries, and preserves. Naouri, who, through investment vehicle Euris, had previously kept out of the actual operational end, soon developed an interest in Casino's day-to-day operations. In so doing it acquired Rallye's 44 hypermarkets and supermarkets--it also brought in financial wizard Jean-Charles Naouri. The accord called for the three food retailers to issue new shares that would give Argyll a 3. The number was scheduled to reach by the end of Two had opened by mid, with a third scheduled for opening by the end of the year. That agreement added 39 new cash and carry stores on the West Coast. The company is also present in Thailand, Taiwan, Vietnam, and Madagascar. Casino entered a new field in with the creation of S. With further expansion limited in the mature and highly regulated French retail market, Casino has been making a push internationally. However, Casino would continue to manage the stations under a year contract. When Guichard retired, Naouri took over as head of the Casino group, raising Rallye's stake in the company to 50 percent. The big distributors expanded vertically as well as horizontally by absorbing suppliers. The company's activities in also included processed foods 12 percent of total sales and restaurants and cafeterias 6 percent. It was named for the nearby Casino Lyrique, which had been closed in by the city fathers for "licentious spectacles. By , the company had raised its total hypermarkets in Poland to The company also introduced the Leader Price brand in Poland, starting with a first store in The deep discount supermarket chain grew especially strongly, topping 53 stores at the end of , representing 20 percent of Casino's total sales in Poland. In addition, Casino became manager of Saint-Etienne's museum of arts and industry in Casino became a joint-stock company in Armed with an infusion of funds, it grew rapidly from this point. Casino's origins dated back to about , when a grocery store was opened in Saint-Etienne, a city about 30 miles south of Lyon. France remains Casino's primary market, accounting for 77 percent of its sales of nearly EUR 23 billion. Naouri's financial background was crucial for Casino when the company found itself the target of a hostile takeover from rival retail group Promodes in Instead, Naouri and Rallye launched a friendly counteroffer, which was accepted by the Guichard family. Rallye's share of Casino stands at nearly 51 percent, although its voting rights reach more than 63 percent. Yet the pair quickly developed a strong friendship and a complementary business relationship. That service proved unprofitable, however, and was shut down by By , Casino had boosted its international sales share to 23 percent of its total revenues. Rallye appeared to be a drag on the parent organization, its hypermarket sales falling 6 percent during the first four months of while Casino's rose by 4.