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Monoprix S.A. (French pronunciation: ​[mɔnɔpʁi]) is a major Frenchretail chain with its headquarters in Clichy, Hauts-de-Seine, France, near Paris.^[1] The company's stores combine food retailing with hardware, clothing, household items and gifts.

History[edit]

The company was founded in 1932 in Rouen by Max Heilbronn, a son-in-law of Theophile Bader, the founder of Galeries Lafayette.^[2]

In 1991, Monoprix acquired the Uniprix brand after Galeries Lafayette took over Nouvelles Galeries, the parent of Uniprix.

In 1997, the chain merged with French retailer Prisunic, in a deal that saw Casino Group acquire a 21% stake in the merged company.^[3]

In 2000, Galeries Lafayette, entered into an agreement to sell a 50% interest in Monoprix. Casino Group provided Galeries Lafayette with a put option to sell the remaining 50%. In 2012, after legal wrangling over the value of the put option, the shareholders of both firms agreed on a sale price of $1.6 billion (€1.2 billion).^[4] The Autorité de la concurrence, France's competition regulatory body, approved the transaction in 2013, with the condition that the merged group sell 58 stores. This allowed the deal to close, making Monoprix a wholly owned subsidiary of Casino Group.^[5]

The Monoprix group had more than 300 stores and employed around 20,000 people in France at the end of 2008.^[6] Monoprix is present in approximately 85% of all French towns with a population of more than 50,000.^[6] In 2005, Monoprix had €3.3 billion in revenue.^[6]

See also[edit]

References[edit]

1. ^'Informations légalesArchived 2010-02-09 at the Wayback Machine.' Monoprix. Retrieved on 4 February 2010. 'Siège social : 14 - 16 rue Marc Bloch 92116 CLICHY Cedex'
2. ^O'Connor, Clare (2013-11-26). 'High Fashion, Nazi Plunder And Family Feuds: Retail's Newest Billionaire Has Quite A Story'. Forbes.
3. ^Jones, Terril Yue (1998-04-20). 'Eat or be Eaten'.
4. ^Daneshkhu, Scheherazade (2012-06-29). 'Casino and Lafayette end Monoprix fight'. Financial Times.
5. ^Daneshkhu, Scheherazade (2013-07-13). 'French watchdog approves Casino's takeover of Monoprix'. Financial Times.
6. ^ ^abcOverview of the Monoprix group (in French)

External links[edit]

• Official site (French)

Geant Casino Blenders

Géant Casino (French pronunciation: ​[ʒeɑ̃ kɑzino]) is a hypermarket chain based in Saint-Étienne, France, part of the French retailing giant Groupe Casino.

Geant Casino Annemasse

As of February 2016, it had 120 stores in France.^[1]

History[edit]

Géant was opened its first hypermarket in 1970. In Dec 2015, Géant Casino had about 142 hypermarkets all over the world. The concept is, like most hypermarkets, to have all kinds of items available under one roof. A loyalty card system has been introduced by Géant, with a price discount on certain groceries. There are over two million Géant card-holders.

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Géant Casino is the fifth largest hypermarket chain in the world and the fourth largest in France after Carrefour, E.Leclerc and Auchan.^{[citation needed]}

Géant in different parts of the world[edit]

Operations in the Middle East[edit]

Kuwait, Bahrain and UAE[edit]

Fu-Com joined with Groupe Casino to bring the Géant hypermarket brand to the Middle East where Géant opened its first store in Bahrain in May 2001. A store was opened in Dubai in 2005 and one in Abu Dhabi in 2015 at Yas Mall. Géant expanded its operations to Kuwait by opening a store in 2005 in Kuwait City.

Acquisition by Majid Al Futtaim Group

In 2017, Dubai-based Majid Al Futtaim Group bought 26 Geant hypermarkets in the UAE, Bahrain and Kuwait by acquiring the Geant franchise owner Retail Arabia from BMA International for an undisclosed amount. The acquired stores were rebranded as Carrefour and Carrefour Market depending on their store format or size.

Qatar[edit]

In Qatar, Groupe Casino joined with local supermarket chain Al Meera to open a hypermarket in Hyatt Plaza, and to sell Casino products in Al Meera stores.

Countries where Géant is currently not operating[edit]

• Lebanon: Géant had one hypermarket in Lebanon which was bought in late 2008 by Sultan Trading Center and replaced by The Sultan Center.
• Poland: Géant had nineteen hypermarkets in Poland, which were sold in late 2007 and early 2008 to the German company Metro AG and replaced with Real.^[2][3]
• China: Géant had several hypermarket locations in Taiwan in a joint venture with a Taiwanese company. After Géant pulled out of the country, the existing hypermarkets were renamed a.mart.
• Saudi Arabia: Géant operated several hypermarkets in the kingdom until 2009 when it was sold to the rival Hyper Panda by the local franchisee partner of Géant France.
• Kuwait, Bahrain and United Arab Emirates: Géant easy Supermarkets and Hypermarkets currently does not operate in Kuwait, Bahrain and UAE. Géant, through a local franchisee partner operated 26 Géant stores across Kuwait, Bahrain and UAE. The chain was acquired by Majid Al Futtaim Group operated Carrefour in 2017 and all the 26 acquired stores in these countries were rebranded as Carrefour for its hypermarket branches and Carrefour Market for its supermarket branches.

Visual history[edit]

See also[edit]

References[edit]

1. ^Géant Casino website: List of stores. Retrieved 12 April 2014
2. ^Adam Jones, Elizabeth Rigby and Lucy Killgren, 'Casino to sell Polish stores in deals worth €884m', Financial Times, 18 July 2006
3. ^Metro AG: 'METRO Group strengthens hypermarket business in Poland', Press release, 17 July 2006

External links[edit]