Groupe Casino

Casino Guichard-Perrachon S.A.
Company typePublic company
Euronext Paris: CO
CAC Mid 60 Component
IndustryMass retail
Founded1898; 126 years ago (1898)
FounderGeoffroy Guichard
Headquarters
Saint-Étienne
,
France
Key people
Jean-Charles Naouri
Revenue
Decrease €31.05 billion (2021)[1]
  • Decrease €14.41 billion (France)
  • Decrease €14.61 billion (Latam)
  • Decrease €2.03 billion (E-commerce)
Positive decrease €-656 million (2021)[1]
Positive decrease €-397 million (2021)[1]
Total assetsIncrease €30.53 billion (2021)[1]
Total equityDecrease €5.64 billion (2021)[1]
Number of employees
Decrease 196,307 employees worldwide (2021)[1]
Subsidiaries
List
Websitewww.groupe-casino.fr Edit this at Wikidata
Footnotes / references
[1]

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.[2]

Casino Group is the source of many innovations, such as the first distributor's brand in 1901,[3] the first self-service store in 1948,[4] 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.[5][6]

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.

As of 2017 Casino Group, managed by Jean-Charles Naouri, was quoted on the Paris Stock Exchange and had total revenue of €37.8 billion.[7] As of November 2021, the group has a market capitalization of approximately €2.35 billion.[8]

From 2024 a consortium lead by Daniel Kretinsky will own and control 53.7% of Casino's share capital.[9]

  1. ^ a b c d e f g "Financial Report 2021" (PDF). Groupe Casino IR. 1 March 2022. pp. 20, 21, 22, 49, 68, 106. Archived (PDF) from the original on 10 September 2022. Retrieved 10 September 2022.
  2. ^ Conso, L. S. A. (24 October 2013). "55 ans du supermarché: Les dates clés". www.lsa-conso.fr (in French). Archived from the original on 11 October 2019. Retrieved 23 August 2018.
  3. ^ "Casino : la petite épicerie de famille devenue Géant". Le Figaro (in French). 2007. Archived from the original on 3 March 2016. Retrieved 23 August 2018.
  4. ^ "Le premier Casino devenu cafétéria". www.archives.saint-etienne.fr (in French). Archived from the original on 20 March 2019. Retrieved 23 August 2018.
  5. ^ "Casino sera le seul actionnaire de contrôle du brésilien GPA". www.nouvelobs.com (in French). 22 March 2012. Archived from the original on 20 March 2019. Retrieved 23 August 2018.
  6. ^ Conso, L. S. A. (25 August 2011). "EXITO, l'allié à succès de Casino en Amérique latine". www.lsa-conso.fr (in French). Archived from the original on 20 March 2019. Retrieved 23 August 2018.
  7. ^ "CHIFFRE D'AFFAIRES 2017" (PDF). www.groupe-casino.fr (in French). 17 January 2018. Archived (PDF) from the original on 20 March 2019. Retrieved 23 August 2018.
  8. ^ "Euronext CASINO GUICHARD". Archived from the original on 14 November 2021. Retrieved 14 November 2021.
  9. ^ https://www.reuters.com/business/retail-consumer/paris-court-gives-green-light-kretinsky-led-bailout-plan-casino-consortium-2024-02-26/ [bare URL]