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Groupe Casino Wikipedia

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In 1923, in celebration of its 25th anniversary, Casino put in place a pension fund which ensured the security of staff leaving the company. The Casino share was quoted on the Stock Exchange as from 1910. A few months after the creation of the French Football Association-Federation (FFAF), the Social Club, extra generally named « AS Casino » (ASC), opened its soccer part in 1919, in addition to different disciplines such as athletics and basketball. The club was then reserved for Casino staff, and the coaching heart was situated on the « Pont de l'âne » area, the property of the Group. In June 1941, François Kemlin created a network of clandestine actions. It benefited from important materials sources made out there by the company.
These actions ranged from making packages/parcels and sending letters to creating files to allow the escape of War prisoners.[17] Bombings during the War broken many factories, warehouses and offices. In 1947, Pierre Guichard took a visit to North America to observe growing developments. A yr later, Casino opened its first self-service store in Saint-Étienne.[18] Over a period of 10 years, 500 branches adopted this new gross sales principle. In 1950, one of many first cooling systems was put in place in distribution.[19] There again, it was a sort of innovation observed within the US.
Gradually, warehouses have been outfitted with cooling chambers and refrigerated coolers. In 1959, Casino was the primary distributor to display a sell-by date on its merchandise.[20] This was made compulsory in December 1984 with the use-by date. Already in 1928, the Group had put in place "calendar shows" on product packaging, as a high quality guarantee. Over three years, the group additionally received three stages of the Tour de France, one stage of the Tour of Spain, 3 main classics and heaps of nationwide championships.[73] It counted athletes corresponding to Alexandre Vinokourov, Benoît Salmon or even Jaan Kirsipuu.
It was the colour of the blinds in the former lyrical Casino, which was situated rue des Jardins in Saint-Etienne. Casino Group is the source of many innovations, corresponding to the first distributor's brand in 1901,[3] the primary self-service store in 1948,[4] or even the show of a sell-by date on client merchandise in 1959. In 1996, Casino Group turned the primary sponsor of the Chazal cycling group (currently AG2R Citroën Team). The group, due to this fact, took the name « Petit Casino – C'est votre équipe ».[72] In the next yr, Casino increased its funding and AG2R Provident Insurance became the second sponsor. The staff doubled its budget, which went to 25 million Francs, and took the name "Casino-AG2R Prévoyance" from 1997 to 1999. In November 2023, Casino Group acquired a 34% stake in Cnova for €10 million.[61] Stakes within the company increased to 98.8% following the deal.
In 1929, the corporate counted almost a thousand branches and over 500 retailers. In 1923, Geoffroy Guichard became administrator of « L’Épargne de Toulouse », which had similar operations to Casino's with round 300 branches located within the South-West of France. Geoffroy Guichard took permanent control of the company in 1925.[16] Geoffroy Guichard announced the switch of the company to his youngsters through the common meeting of October 1929. After the dying of Geoffroy Guichard in May 1940, Mario Guichard became President of the manager board. He was surrounded by his brothers Jean, Georges, Paul et Pierre Guichard, and his brother-in-law François Kemlin. More commonly referred to as AS Casino, the Social club became "l’Association Sportive Stéphanoise" in 1927 then "l’Association Sportive de Saint-Étienne" in 1933.
Firstly, Casino oriented its multi-format and multi-brand construction in the direction of the development of convenience and website discount stores. The model developed by Casino is based on the community of brands with differentiated and complementary positioning. In Metropolitan France, the Group operates the brands ,free porn websites, Géant Casino (hypermarkets), Casino Supermarkets, Monoprix, Franprix, Leader Price, Spar, Vival, Le Petit Casino, Casino Restauration. In Réunion Island, the manufacturers are mainly Score and Jumbo Score. As from 1920, Casino continued to develop by creating factories and warehouses.