retail

retail

After posting positive results, Casino group to expand services

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The financial results which were revealed on March 14th were not the only good news for French Casino, the retail group headed by Jean-Charles Naouri. They confirmed to the Group as well as the markets that the investment choices made in the past 18 months were relevant, and clearly indicate the way ahead for the French giant. Amongst the new offers, Casino intends to considerably develop the services offered, in order to adapt to the market mutations.

Economy Weaknesses Are Becoming More and More Prominent

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We had two better than average GDP quarters in mid-2014, and that is about it. The 4th quarter returned back to a 2.2 percent development rate. The principal evaluation of the 1st quarter 2015 was up by just 0.2 percent; however that will more likely than not be overhauled down into negative domain in view of frail March send out. We came into the 2nd quarter 2015 with no development momentum.