Breaking News                 Latest News            Usa News                 Latest News

Cocoa: Korean Messenger launches Klip
This Friday, the Casino group announced the sale for 42 million euros of several large areas with a deficit, both built-in that exploited the brands Lidl and Le

The Casino assigns to 42 million euros worth of shopping at Lidl and Leclerc

This Friday, the Casino group announced the sale for 42 million euros of several large areas with a deficit, both built-in that exploited the brands Lidl and Le

The Casino assigns to 42 million euros worth of shopping at Lidl and Leclerc

This Friday, the Casino group announced the sale for 42 million euros of several large areas with a deficit, both built-in that exploited the brands Lidl and Leclerc during the first semester.

The group of saint-etienne is going to get 25 million euros from the sale of the 18 stores that have registered in 2018 a turnover of 88 million euros, but also 12 million euros in lost operating income. In the lot, the hypermarket Giant Roubaix will be acquired by a participant Leclerc and its walls will go to the owner of the mall. The other 17 stores (8 Leader Price, 8 Casino Supermarkets and 1 Hyper Casino) are redeemed by Lidl.

33 stores should be sold to Lidl

at the same time, the franchisees of the group with which the Casino group is associated with 49% have signed pledges in view of the sale at Lidl from 33 stores for a total amount of 17 million euros. These 16 stores were saved by 2018 a turnover of 60 million euros, but also € 9 million loss in operating income.

For many months, and in the framework of its new strategy, the Casino group is engaged in a process of disengagement and it has already announced a number of disposals of similar assets to reduce its debt. Casino reported in January, have generated a turnover in 2018 decline of 2.4%, to 36.6 billion euros, conforming to the expectations of the analysts. The group recorded a sales increase of 1.4% in France, 19 billion euros.

ALSO READ :

The signs of the hypermarkets combine to revitalize

Publish Date : 18 Şubat 2019 Pazartesi 00:00

Breaking News Headlines

In spite of the crisis in the case of Media Markt & Saturn: mother-to-group makes large profit
In spite of the crisis in the case of Media Markt & Saturn: mother-to-group makes large profit
Tug-of-war to Metro: trade group rejects billion Takeover
Tug-of-war to Metro: trade group rejects billion Takeover
Bitcoin price under $ 10,000: crypto-Scam to blame?
Bitcoin price under $ 10,000: crypto-Scam to blame?
Bitcoin-exchange-Coinbase wants to be the largest crypto-Trustee of the world
Bitcoin-exchange-Coinbase wants to be the largest crypto-Trustee of the world
How Blockchain Is Changing Social Media
How Blockchain Is Changing Social Media
Signs that You Could be a Snowboarding Instructor
Signs that You Could be a Snowboarding Instructor
4 Tips to Get the Perfect Romantic Gift for Your Partner
4 Tips to Get the Perfect Romantic Gift for Your Partner
7 exciting benefits of Cryptocurrency
7 exciting benefits of Cryptocurrency
This woman chastises Apple and Google billions of dollars – we Have a large desk
This woman chastises Apple and Google billions of dollars – we Have a large desk
Health Stocks Yielding Healthy Dividends
Health Stocks Yielding Healthy Dividends
Who wield the gavel on Dani Mateo
Who wield the gavel on Dani Mateo
Stopped a narco with 450 kilos of hashish in the car after an accident in Malaga
Stopped a narco with 450 kilos of hashish in the car after an accident in Malaga
Pages
NEWS ARCHIVES