Edition:
United Kingdom

Dominique Vidalon

Casino's parent Rallye buys more time with new credit line

17 Sep 2018

PARIS Rallye , the debt-laden parent of French supermarket chain Casino , bought more time on Monday ahead of a key bond refinancing deadline as five banks granted it a new 500 million euro (444.50 million pounds) credit line.

Carrefour digital chief Cheval to head French hypermarkets arm

14 Sep 2018

PARIS Carrefour picked its digital chief Marie Cheval to replace Alain Rabec as head of its French hypermarket stores, highlighting the growing importance of its digital and online businesses in its broader strategy to revive its fortunes.

Retailer Leclerc targets French residential power market

11 Sep 2018

PARIS French supermarket and retail chain Leclerc, will start selling electricity to French households this week, offering a discount of at least 10 percent to regulated prices as it aims to recruit three million clients by 2025.

UPDATE 2-Sodexo shares fall on concern over slow recovery

06 Sep 2018

* Shares down 4 pct, new targets disappoint investors (Adds stock reaction, analysts comments)

France's Edenred joins Itau Unibanco to speed up growth in Brazil

05 Sep 2018

* Itau Unibanco to distribute Edenred employee benefits in Brazil

Danone CEO to sit on Carrefour's healthy food advisory committee

03 Sep 2018

PARIS Carrefour , Europe's largest retailer, said on Monday that the head of yoghurt maker Danone will sit on a food advisory committee the supermarket group is setting up as it seeks to boost sales of organic products.

S&P shunts Casino debt deeper into junk, refinancing deadline looms

03 Sep 2018

PARIS Credit rating agency Standard & Poor's pushed Casino's debt deeper into junk territory on Monday, derailing the French retailer's efforts to reassure investors over the sustainability of its finances ahead of a repayment deadline.

Casino shares sink, Muddy Waters tweet stirs fresh debt fears

31 Aug 2018

PARIS Shares in French retailer Casino sank as much as 15 percent on Friday amid fresh concerns over its debt burden.

Restructuring at France's Auchan Retail weighs on first-half earnings

31 Aug 2018

PARIS French retailer Auchan said on Friday that costs from its three-year restructuring plan to boost sales and profits weighed on its first-half results, driving core profit down by more than a fifth.

Bouygues boss sees no French telecom tie-ups before next year

30 Aug 2018

PARIS The head of Bouygues said on Thursday he was keeping an open mind about potential tie-ups in the French telecom sector but cautioned no deal was likely before early 2019.

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