All France articles – Page 16
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News
Galeries Lafayette to revamp flagship store
Department store business Galeries Lafayette plans a E85m (£71.8m) investment at its flagship store on Boulevard Haussmann in Paris.The retailer intends to expand the space dedicated to luxury goods, leather products, jewellery and footwear. As part of the renovation, Louis Vuitton, Cartier and Chanel outlets will be located on two ...
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News
Carrefor launches new loyalty programme
Carrefour has launched a new point-based loyalty programme in the United Arab Emirates called MyClub, an innovation within the hypermarket sector in the region.Members earn one point for every AED10 (£1.75) spent in the retailer’s stores, with extra points available on special offers. When 500 points are accumulated, a AED50 ...
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News
Intermarché given go-ahead for Altis takeover
Grocer Intermarché has received approval from competition authorities to take over 20 Altis stores operating under the Carrefour banner. Last year, Intermarché reached an agreement with Spanish grocer Eroski to acquire the Altis joint venture in southern France.Eroski had already purchased Carrefour’s 50% stake in Altis, which operated six Carrefour ...
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Gallery
Store of the week: Esprit Gare St Lazare, Paris
It’s probably not too much of an exaggeration to say that Esprit remains somewhat left-field as far as the UK shopper is concerned.
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News
Auchan unveils new pricing strategy
Grocer Auchan has unveiled its new pricing strategy. The retailer is expanding its fruit and vegetables available for less than €1 from the current eight to 14 varieties. The €1 price point will also be applied on a broader range of products including meat, frozen food and organic products. The ...
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GalleryParis: Adding digital elements to visual merchandising
Stores in the French capital are increasingly adding a digital element to visual merchandising. John Ryan takes a look.
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News
PPR group trials new Fnac store concept
Luxury and retail group PPR is trialling a new Fnac store concept. While typical Fnac stores offer entertainment, electronics and media products – including audio-visual consumer electronics, CDs, DVDs, books and newspapers – the new concept is also stocking household appliances such as coffee makers and toasters as well as ...
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News
Casino to take sole control of CBD
Supermarket operator Casino is recommending the removal of Galeries Lafayette chief executive Philippe Houze and Abilio Diniz, who controls leading Brazilian supermarket chain Companhia Brasileira de Distribuição (CBD), from its board of directors due to “ongoing conflicts”.Casino has said it will take sole control of CBD, ending the founding Diniz ...
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News
Department store Galeries Lafayette reports sales increase
Department store operator Galeries Lafayette’s sales were up 4% and operating income rose 4.8% to E372m (£311m) in the 2011 financial year. Overall sales, including Monoprix, reached E5.58bn (£4.67bn) while consolidated sales, excluding concessions, totalled E4.96bn (£4.15bn).The results were largely down to the performance of the group’s flagship store on ...
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News
Grocer Auchan plans offensive pricing strategy
Grocer Auchan plans to compete with rival Leclerc on pricing and promotions this year. The retailer will move towards an offensive pricing strategy throughout France, according to Auchan France managing director Vincent Mignot. The hypermarket format will remain the backbone of the retailer’s strategy.Auchan said 58 of its 120 French ...
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AnalysisAuchan pins hopes on China for future growth
French retailer Auchan hopes its Chinese operations will drive growth because sales in Western Europe are expected to remain flat.
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News
Carrefour launches transactional smartphone app
Carrefour has launched a transactional smartphone application in its home market. Using the My Carrefour shopping tool, customers can log in to their account on Carrefour.fr and select products either by using a keyword search or scanning the barcode on an item.Shoppers can choose whether they would like to have ...
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AnalysisCarrefour hits the brakes after profits suffer a fall
Carrefour last week put the roll-out of the Carrefour Planet format on hold as it revealed a drop in profits in the latest financial year.
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AnalysisEmerging markets drive profits growth at Casino
French grocery group Casino reported strong results for 2011 last week, boosted by overseas operations.
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News
Casino plans to keep stake in Monoprix
Casino has said it is not planning to sell its 50% stake in variety store Monoprix – a joint venture between the retailer and Galeries Lafayette – which it considers a strategic asset.The grocer said that if department store chain partner Galeries Lafayette wanted to sell its 50% interest in ...
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News
Casino launches Cvous.com
Casino has launched Cvous.com, a community website dedicated to consumers who want to “share ideas on products and services offered in stores”. Users are able to voice their opinions on products and vote for their favourite items. The products that are highlighted will be then promoted in stores and participants ...
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News
PPR reports net sales increase
PPR’s net sales rose 11% to e12.2bn (£10.6bn) in 2011 while net income soared 40% to e999m (£866m), driven by its luxury brands brands including Gucci, Yves Saint Laurent, Bottega Veneta and Puma.PPR said it is now ready to divest non-core operations Redcats and Fnac and has 10 investment banks ...
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NewsKingfisher's Ian Cheshire honoured by the French
Kingfisher group chief executive Ian Cheshire has received an Order of State granted by the French President for his “significant contribution to the strengthening of economic and commercial links between France and the UK”.
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News
Carrefour appoints three directors
Carrefour’s hypermarket business in France is to be reorganised with the appointment of three directors to manage it. Patrice Lespagnol, Philippe Lartigue and Frédéric Duranton will be responsible for the division, under the leadership of Noël Prioux, head of Carrefour France. Guillaume Vicaire, who has been executive director of French ...
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News
Cost-cutting at La Redoute
PPR-owned mail order retailer La Redoute may cut 250 jobs as part of a new cost-cutting initiative designed to make the retailer a pure-play online operation. The job losses would be mainly voluntary redundancies over a three-year period. Last week it was revealed that PPR was cutting 510 jobs at ...