Rallye, the owner of French retailers like Casino and Monoprix, is granted protection from creditors. The group is in serious financial difficulties and now has at least six months to settle its debts.
» Read more
French luxury concern Kering has published a series of guidelines to guarantee the humane treatment of animals in its supply chains.
» Read more
Foodmaker has opened its first French restaurant in Paris, only its second abroad. The Belgian restaurant chain wants to double its turnover this year, thanks to foreign expansion.
Sustainable grocery initiative Loop has been launched in Paris. The initiative allows A-list brand manufacturers and Carrefour to deliver their products at home in re-usable packaging. Unfortunately, waste-free shopping is still quite expensive.
Schmidt Groupe, one of France's main kitchen producers and sellers, has appointed Laurent Blum as its new general director. His main focus is the future of the group's two brands, Schmidt and Cuisinella.
This week, Ikea has opened its first city centre store in Paris. The Swedish chain has been experimenting with smaller store concepts for a while now, in order to respond to the growing competition from e-commerce - albeit with mixed results...
Carrefour has the intention to cut 3,000 French jobs instead of 1,000 as previously announced: the supermarket group wants to give an additional 1,770 employees a chance to go on early retirement.
The Auchan group is going through tough times: the French distribution giant was forced to admit to a loss of 1.1 billion euros in early March. A major reorganisation is about to begin.
In the first quarter of 2019, Carrefour group performed slightly better than expected, mainly thanks to higher food sales in the home market. Although the turnover in Belgium went down again, the retailer sounds rather positive.
Fashion chain C&A has indicated it wants to reassess its network of French stores, which currently features 150 locations. According to the trade unions, 14 of those stores would be closed permanently.
French supermarket group Casino is expanding its partnership with Amazon to the whole of France. Currently, only customers in Paris can order Casino's subsidiary Monoprix' private label products through Amazon.
French sports chain Decathlon has opened a store of 4300 sqm in Emeryville, near San Francisco: for the French retailer this is a return to the United States after twelve years of absence.
French luxury icon families Arnault (LVMH) and Pinault (Kering) are springing to the aid of Notre-Dame in Paris, which has been damaged by fire. Together they have already donated 300 million euros for the reconstruction of the iconic cathedral.
Second-hand chain Troc.com has been acquired by Happy Cash, a similar chain from France. The takeover should put Happy Cash in a stronger position internationally and digitally.
Carrefour wants to cut 1500 more jobs in France. The affected will mostly be employees in hypermarkets. The supermarket group is hoping to reach a mutual agreement on the cuts.
With discounts of 70% on a 950 gram jar of Nutella, French foodretailer Intermarché caused quite a stir in January last year. But the bill followed: the supermarket chain was fined 375,000 euros.