> STOCKSHOTS: French retail group Casino / 36YR72P
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STOCKSHOTS: French retail group Casino / 36YR72P
Clip ID 2271310
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Description
Stockshots of the "Casino" supermarket chain, after an announcement by the group's managing director Philippe Palazzi of the redundancy plans decided by the retailer (Monoprix, Franprix) in 2024 that will include, "in total", between "2,200" and "2,300" redundancies. The group had posted a spectacular net loss of 5.7 billion euros in 2023. Casino, which last year fell into the hands of Czech billionaire Daniel Kretinsky, announced on Friday, February 28, that it would reduce its net loss in 2024 to €295 million on sales down 5.4% to €8.5 billion. STOCKSHOTS