Groupement Mousquetaires forecasts a significant growth in revenue with the conversion of Groupe Casino shops, enhancing its presence in the French retail market.

Target Information

Groupement Mousquetaires, a prominent player in the retail sector, projects a revenue of €42.5 billion in 2024, excluding fuel, marking a growth of 6.4%. The Group has successfully converted 273 shops acquired from Groupe Casino into the Intermarché and Netto banners, representing a significant achievement in their retail expansion strategy. This transformation, reflective of 15 years of development, is anticipated to yield an additional annual turnover of €3 billion, potentially rising to €4.5 billion post-conversion.

Furthermore, with the establishment of Aura Retail, Groupement Mousquetaires solidifies a strategic procurement alliance aimed at enhancing their leverage in commercial negotiations with major manufacturers. This initiative is crucial in safeguarding customer purchasing power amid a competitive market landscape.

Industry Overview in France

The retail landscape in France has witnessed robust performance, especially in the food sector, where Intermarché and Netto have collectively garnered a 17% market share by attracting over 2 million new customers. In 2024, the combined re