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French retailer Casino's losses widen to 5.7 billion euros

PARIS(Reuters) -French retailer Casino's full-year losses deepened sharply as it felt the impact of restructuring and stiff competition for its large hypermarkets, the company said on Wednesday, sending its shares plunging by as much as 15%. Casino suffered a consolidated net loss of 5.7 billion euros ($6.2 billion) last year, widening from 316 million euros the previous year, and said it will not publish a revised 2024 outlook in view of its imminent change in leadership. The new leadership team will be formed around Czech billionaire Daniel Kretinsky after the company was brought to the brink of default by years of debt-fuelled acquisitions and loss of market share to rivals. ....

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Exito Group: French retailer Casino agrees initial deal to sell stake in Exito Group

International Business News: Indebted French supermarket chain Casino said on Monday it had agreed an initial deal to sell its stake in Latin American retailer Almacenes Exito to ....

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French retailer Casino agrees initial deal to sell stake in Exito Group, ET Retail

Indebted French supermarket chain Casino said on Monday it had agreed an initial deal to sell its stake in Latin American retailer Almacenes Exito to Grupo Calleja. Casino s board on Friday approved a pre-agreement to sell its entire stake in Almacenes Exito to Grupo Calleja, a leading grocery retailer in El Salvador, it said. ....

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Batman Arkham Collection for Switch Listed by French Retailer

Batman Arkham Collection has been listed for the Nintendo Switch on the French retailer website WTT. The listing [.] ....

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JO-2020: Hafnaoui surprend son monde dans les bassins

L Américain a remporté le 400 mètres quatre nages, le premier des 35 titres décernés en natation, alors que le jeune Français Léon Marchand a pris la 6e place.
Parti très vite, repris en dos, auteur d une superbe brasse et émoussé sur la dernière longueur de crawl, Léon Marchand a terminé loin de son récent record de France (4:11.16 contre 4:09.65). Pas d inquiétude, le Toulousain de 19 ans est surtout programmé pour Paris-2024.
La performance tricolore de la matinée est à mettre sur le compte de Marie Wattel. A 24 ans, elle a pulvérisé le record de France pour s offrir sa première finale olympique sur 100 m papillon, distance dont elle est devenue au printemps la championne d Europe. ....

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