All France articles – Page 18
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AnalysisCarrefour sounds profit warning as sales slide
Last week, the world’s second largest retailer, France-based Carrefour issued its fourth profit warning saying it expected 2011 operating profit to fall by up to 20%, compared with 15% stated previously for its third profit warning in August.
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Casino opens first Casino Shop in domestic market
The convenience arm of grocery retailer Casino has opened its first Casino Shop in its domestic market. The Casino Shop concept is typically less than 3,770 sq ft and offers 5,400 products, 1,500 more items compared with a Petit Casino. Casino Shop offers free home delivery and simultaneously acts as ...
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Amazon announces launch of Kindle e-reader in France
Amazon has announced the launch of its Kindle e-reader in France. The Kindle is now available for pre-order with a price tag of E99 (£86) via Amazon.fr with delivery from October 14.Amazon’s Kindle e-book selection comprises 35,000 titles in French and includes 4,000 free classics and 28 L’Express bestsellers. French ...
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Carrefour director Alain Fretellière to leave the group
Carrefour director of private label Reflets de France Alain Fretellière will leave the group at the end of the month. Fretellière, who also leads relationships with small and medium-sized enterprises, was a driving force behind the creation of Reflets de France, a range of French gastronomic products, which has enjoyed ...
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NewsMarks & Spencer launches French website
Marks & Spencer has returned to France with the launch of its new website in the country.
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Intermarché to grow convenience format
Intermarché is to increase its presence in big French urban centres by growing its Intermarché Express convenience format. The retailer has 22 convenience stores and expects to operate 50 by the end of 2012. Eight Express stores will open in the next four months, said Philippe Manzoni, president of ITM ...
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Carrefour hypermarkets not matching performance of pilot stores
Carrefour said its new Carrefour Planet hypermarkets weren’t matching the performance of the format’s pilot stores. Compared with the pilots sales at newer Carrefour Planet stores have not been increasing as strongly.However, group chief commercial officer José Carlos Gonzalez-Hurtado has said the results were still ahead of the September 2010 ...
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PPR suspends sale of Redcats division
PPR has suspended the sale of its Redcats division, citing market conditions as the reason for a failed auction process. First round bids for Redcats were due to be completed last week, with acquisition firms TPG and PAI working on a joint bid. Permira, Apax Partners and Advent International were ...
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AnalysisCarrefour unveils plans for Parisian superstore
French international grocery retailer Carrefour has announced plans to open a one-off premium superstore in Paris within a year.
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ITM announces sales growth
ITM, the operator of Intermarché grocery formats, has announced sales grew by 6.3% including petrol for the first half of 2011. The retailer’s hypermarket division saw sales rise 3% while supermarkets sales increased by 2.7% for those selling non-food, and by 1.9% for those selling food only. For the convenience ...
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DIY retailer Leroy Merlin to enter Romanian market
French DIY retailer Leroy Merlin is set to enter the Romanian market with the opening of a 183,000 sq ft store in Bucharest this month.The company has reportedly invested e6m (£5.1m) in the store, which will employ 250 staff and be managed by a team of French and Romanian staff.Leroy ...
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Carrefour announces plans to operate 46 drive-in stores
Grocery giant Carrefour has announced plans to operate 46 drive-in stores in France by the end of the year, following the opening of its second drive-in store last week.Customers order their groceries online, then drive to the stores and collect the items, which have all been packed beforehand.The retailer announced ...
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AnalysisCarrefour resets French strategy as profits dive
After reporting a 22% fall in first half operating profit, including a dramatic 40% decline in France alone, Carrefour has launched a new commercial strategy for France called Reset.
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Auchan posts consolidated revenue increase
Auchan has posted a 5.8% increase in consolidated revenue, excluding fuel, to E21.2bn (£18.6bn) for the first half of 2011. Like-for-like sales were up 1.3%. Revenue trends varied, however, by country. In France Auchan delivered a revenue increase of 3.3%. Sales from the retailer’s other Western European markets fell 0.8%. ...
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Intermarché launches new marketing campaign
Independent grocery chain Intermarché has launched a marketing campaign that offers to refund the price difference on 250 brands if customers find them cheaper at rival stores. The campaign began at the end of August in time for the back-to-school and back-to-work period in France, and will run for a ...
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Lagardère Services announces strategic partnership with Fnac
Lagardère Services has announced a strategic partnership with PPR-owned Fnac to develop a network of small stores (less than 3,770 sq ft) at train stations and airports across France and Spain. Lagardère Services will provide Fnac with its expertise in operating travel retail stores while Fnac will deliver its product ...
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Grocery retailer Casino announces sales growth
Grocery retailer Casino has announced its second-quarter and half-year results for 2011. The retailer reported that consolidated net sales for the quarter rose by 18.8% to E8.3bn (£7.2bn) – a 4.7% rise achieved in the first quarter.The growth reflected the consolidation of the Casas Bahia electronics chain in Brazil within ...
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Fnac outlines new strategy for growth
PPR-owned book and music retailer Fnac has outlined a new strategy for growth, encompassing store openings, an overhaul of its product offer and a redesign of its ecommerce site.By 2015 the company expects to open 80 new stores in France, including 50 in a smaller format. It will reorganise stores ...
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Auchan set to more than triple store count
French hypermarket operator Auchan has said that it plans to more than triple its store count in Russia within five years.The retailer aims to be operating up to 150 stores in Russia ranging between 107,640 sq ft and 215,280 sq ft. It said it would probably open more Radouga discount ...
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Boulanger begins rebrand of Saturn stores
Consumer electronics retailer Boulanger has begun the rebranding of the Saturn stores it acquired from Metro Group last week. HTM Group, the owner of Boulanger, plans to rebrand the Saturn stores to Cap Boulanger, and then to Boulanger by 2014.Six Saturn stores are going to be remodelled by the end ...