Groupe Casino

Casino Group or Casino Guichard-Perrachon is a French mass-market retail group. It was founded on 2 August 1898 by Geoffroy Guichard under the corporate name Guichard-Perrachon & Co.

Casino Guichard-Perrachon S.A.
Company typePublic company
Traded as
Euronext Paris: CO
CAC Mid 60 Component
IndustryMass retail
Founded1898 (1898)
FounderGeoffroy Guichard
Headquarters
Saint-Étienne
,
France
Key people
Jean-Charles Naouri
Revenue
€31.05 billion (2021)
  • €14.41 billion (France)
  • €14.61 billion (Latam)
  • €2.03 billion (E-commerce)
-656 million (2021)
Net income
-397 million (2021)
Total assets €30.53 billion (2021)
Total equity €5.64 billion (2021)
Number of employees
196,307 employees worldwide (2021)
Subsidiaries
List
Websitewww.groupe-casino.fr
Footnotes / references

Casino Group is the source of many innovations, such as the first distributor's brand in 1901, the first self-service store in 1948, or even the display of a sell-by date on consumer products in 1959.

As a historical player in mass-market retail in France, the group also started to grow internationally at the end of the 90s. It acquired GPA and Grupo Éxito in 1999, major companies in mass-market retail in Brazil and in Colombia.

Casino Group operates across all food and non-food formats: hypermarkets, supermarkets, convenience stores, discount stores, and wholesale stores. Other than the eponymous "Géant Casino" and "Casino Supermarchés", Casino Group owns other brands such as Monoprix, Franprix, Leader Price, Cdiscount, Vival, Spar, Sherpa, and Le Petit Casino.

Casino Group, currently managed by Jean-Charles Naouri, is quoted on the Paris Stock Exchange. In 2017, its total revenue was €37.8 billion. As of November 2021, the group has a market capitalization of approximately €2.35 billion.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.