Sixteen months after its takeover by Daniel Kretinsky, Casino is finally back on the path to growth

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Saved from bankruptcy in March 2024, the Saint-Étienne-based retailer announced an increase in sales across all its store formats in the second quarter. However, the group will have to renegotiate its debt in 2026.
The inflection is certainly small, but after years of descent into hell, it looks like a light at the end of the tunnel. Over the first six months of 2025, the Casino group (Monoprix, Franprix, Petit Casino, Vival and Cdiscount), saw its sales increase by 0.5%, to 4 billion euros. Better still, in the second quarter, all of its formats (excluding the hypermarkets and supermarkets sold after its 2023 rescue plan ) showed a clear increase in their turnover. "This is the first time for the new Casino," summarizes Philippe Palazzi, the group's CEO , tasked by its new shareholder, Daniel Kretinsky, with getting the Saint-Etienne distributor back on its feet .
Whether in its 617 Monoprix and Monop' (+2.9%), its Franprix (+1.7%), its Petit Casino, Vival, Spar and Sherpa mini-markets (+2%) or its Naturalia organic stores (+7.8%), turnover is increasing everywhere. "This is due to both a more buoyant market and consumer environment ," explains the manager. "But these are also the first fruits of the work carried out on the modernization of our concepts and our specialization in local brands. While mass distribution has lost 8 billion euros in turnover in 5 years to the benefit of food and local businesses, it is on the latter that the future growth of distribution lies...
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