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Groupe Casino's 'Great Sell-Off' Is Good News For Its Rivals: Analysis

Published on Jun 28 2019 9:06 AM in Retail tagged: Featured Post / Carrefour / France / Lidl / Intermarché / Casino / Leclerc / Paywall

Groupe Casino's 'Great Sell-Off' Is Good News For Its Rivals: Analysis

Groupe Casino is continuing to streamline its store count, with the announcement yesterday that it has completed the sale of three hypermarkets, 11 Casino supermarkets and 16 Leader Price stores, for a combined €58 million.

And as with previous store sell-offs by the group, the move is likely to embolden its rivals... except, perhaps, Carrefour.

Stronger Leclerc

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