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As an historical player in mass retail in France, the Group also started to grow internationally at the end of the 90s. In , the turnover was In , he got married to Antonia Perrachon and became a partner with Paul Perrachon, his cousin-in-law, who had been the owner of a shop in the region for around 10 years.
Geoffroy Guichard became the sole business owner in Closed in the s,  the Lyrical Casino was transformed into a retail grocery store in the s.
Geoffroy Guichard grew the grocery store to turn it into a general food store, based on the Felix Potin model. In April , due to the success of the concept, Geoffroy Guichard opened the first branch in Veauche, in Loire.
In total, 77 people subscribed to the capital of the new company. In the factories, Casino baked bread, produced oil and chocolate, roasted coffee, distilled and produced homemade liquors.
An important wine business was also developed. Nearly 40 branches were opened in In the first quarter of the 20th century, the company developed a social action plan dedicated to its employees, with, in , the launch of an insurance fund, the creation of a health service in , benefits for large families and a birth premium in or even child benefits and profit sharing for all employees as from In , in celebration of its 25th anniversary, Casino put in place a Pension Fund which ensured the security of employees leaving the company.
The Casino share was quoted on the Stock Exchange as from As from , Casino continued to grow by creating factories and warehouses.
In , the company counted nearly branches and over outlets. At that time, Casino was present across 28 districts. Geoffroy Guichard took permanent control of the company in At that time, Casino counted around employees.
It benefited from important material resources made available by the company. Some even had to close down. In , Pierre Guichard took a trip to North America to observe growing trends.
He discovered the self-service store concept. In , one of the first cooling systems was put in place in distribution.
Gradually, warehouses were equipped with cooling chambers and refrigerated coolers. In , Casino was the first distributor to display a sell-by date on its products.
Already in , the Group had put in place "calendar displays" on product packaging, as a quality guarantee. In , Casino opened its first supermarket in Nice , under the brand Nica.
The first supermarket with the Casino name opened in May in Grenoble. The first two Paris supermarkets opened in in Saint-Denis and Bagneux. The shopping mall was made of 41 independent businesses and a Casino cafeteria.
Casino transferred its majority ownership to Castorama in October Many convenience businesses also opened their doors under the name Le Petit Casino.
The internationalization of Casino Group then accelerated until the end of the s with its development across South America.
In March , Casino Group signed a partnership agreement with Dairy Farm International, one of the biggest groups of supermarkets in Asia.
The Group was then present all over the French territory. Antoine Guichard, the last family manager of Casino Group, did not want to give up the presidency of the company.
The Rallye company was founded in by Jean Cam. In order to increase its presence in France, Casino Group continued its wave of acquisitions by signing many agreements with national distributors.
Corse Distribution Group became affiliated with Casino in Many hypermarkets and supermarkets then became Casino stores. Between and , Casino took majority ownership in the different companies of Corse Distribution, enabling the development of many new franchise names.
Following a counter-bid, Jean-Charles Naouri became the majority shareholder of Casino Group in The store opened its doors in Activities grew again with the creation of Banque Casino in as well as property management company Mercialys, managing all the shopping malls owned by Casino.
These assets represented shopping malls on hypermarket and supermarket sites, as well as the premises of cafeterias owned by the Group.
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This agreement meant that the 2 Groups were purchasing leaders in France with a market share of He sold the activities of the Group which were not profitable enough in Poland , the US, Taiwan and the Netherlands and increased its presence in thriving countries.
Casino Group hence became the first food retailer in South America Brazil and Colombia particularly , in the Indian Ocean, in Vietnam and the second retailer in Thailand.
In December , Casino Group signed an agreement with the British Ocado , world leader in online food retail, in order to develop a technological platform with an automated warehouse in France.
Many rumours were spread in about Amazon, world leader of e-business to enter in partnership with a food retailer in France.
The two groups announced a business partnership aiming at selling Monoprix food products to Amazon Prime Now customers.
In April , Casino Group and Auchan Retail started exclusive negotiations in order to establish a strategic partnership enabling them to negotiate together purchases in France and internationally.
Unlike its main French competitors, Casino Group made the bet of developing a multi-brand strategy in the s under the management of Jean-Charles Naouri.
Firstly, Casino oriented its multi-format and multi-brand structure towards the development of convenience and discount stores. The model developed by Casino is founded on the network of brands with differentiated and complementary positioning.
The Group directs its development towards countries with a strong growth and profitability potential, where its branches have strong local roots.
South America has therefore become its priority area for development. Casino Group concentrates its e-business activity within the company, Cnova , created in June Casino Group created a Company Foundation which supports childhood development by fighting against the cultural exclusion of the under-privileged.
The Casino Corporate Foundation contributes to their education by funding theatre projects. The Social Club logically takes on board the green colour of the grocery chain.
Seven years later, under the initiative of Pierre Guichard, son of Geoffroy Guichard who had become president of the club after MM.
In , the French Federation voted for the adoption of professionalism in France. It became necessary for the SSA, whose managers were ambitious, to have its own stadium.
The founder of Casino Group purchased a large field and gave it to the club. Over 3 years, the team also won 3 stages of the Tour de France, one stage of the Tour of Spain, 3 major classics and many national championships.
It was the colour of the blinds in the former lyrical Casino, which was situated rue des Jardins in Saint-Etienne.
BlackRock, although a minority shareholder, is the second shareholder. From Wikipedia, the free encyclopedia. Groupe Casino, Feeding a world of diversity.
Retrieved 23 August Le Figaro in French. Les Echos de la Franchise in French. LSA Conso in French. Check date values in: Retrieved 21 August Our Casino Favorites See more Cash in with favorite games.
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