2017: Difficult times for Casino and Carrefour

2017 was not a great year for Casino and Carrefour. Carrefour has lost some market shares in France, mainly due to its supermarkets which are suffering. The positive note is to be found on the international side. Indeed, while its turnover for France is equivalent to €40.096billion, its turnover abroad is of €48.144bn.

With regard to the Casino group, its turnover for France distribution is of €18.903bn while abroad it is of €16.923bn. Its premium stores are doing well, such as Monoprix with a +2.8% turnover year on year, supermarkets (+1.5%) and Franprix (+1.3%). For 2018, Casino is looking at implanting a new concept called “Next” for 50 to 60 of its Leader Price stores. Casino will also reduce its number of hypermarkets stores and look for more synergies (corners, procurement management) with Cdiscount and the e-commerce branch of Casino.

Morgan Leclerc, LSA n. 2591, 25 January 2018
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