Saving the Casino group: the poker game begins

2023-05-26 20:47:26

Should we still bet on Casino? The question deserves to be asked, because times are tough for the band. The distributor’s turnover in France fell by 2.3% in the first quarter over one year despite inflation of some 15% in the food sector. And its market share fell to 6.1%. The fault with financial difficulties which did not allow him to compress his margins and to enter the price war with his competitors. So much so that we come to wonder if Casino will not be the first victim of inflation in the French retail landscape.