Casino: end of partnership with the Magne group
(CercleFinance.com) - The Casino group has announced the termination of its existing partnership agreement with the Magne group.
This decision is fully in line with the new Casino
's desire to focus on profitability rather than the pursuit of market share at all costs.
In concrete terms, 83 grocery stores located in the south-eastern quarter of France will leave the Casino group's scope of consolidation as of April 1, 2025, representing approximately 1% of its total store base.
The Casino group's appeal is based on its differentiating store concepts, product quality and precision logistics, as well as its unique franchise agreements and partnerships.
While remaining true to a strategy that prioritizes profitability, Casino intends to pursue the development and consolidation of its local network by joining forces with partners who share its ambitions in terms of quality and operational excellence.
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