SBW – Shekel Brainweigh | Aussie Stock Forums


I did some research online, and I came across this Annual Report, released June 2020 (very recently), by French mass-market retail Group “Groupe Casino

https://www.groupe-casino.fr/wp-content/uploads/2020/06/RapportActivite_Casino_2019_EN.pdf

https://en.wikipedia.org/wiki/Groupe_Casino

As an historical player in mass-market retail in France, the Group also started to grow internationally at the end of the 90s. It acquired GPA and Grupo Éxito in 1999, major companies in mass-market retail in Brazil and in Colombia.

Casino Group operates across all food and non-food formats: hypermarkets, supermarkets, convenience stores, discount stores and wholesale stores. Other than the eponymous “Géant Casino” and “Casino Supermarchés”, Casino Group owns other brands such as Monoprix, Franprix, Leader Price, Cdiscount, Vival, Spar, Sherpa and Le Petit Casino

They have ~226,606 employees worldwide, of which ~75,449 are in France.

Casino Group is the source of many innovations such as the first distributor’s brand in 1901, the first self-service store in 1948 or even the display of a sell-by date on consumer products in 1959.

A historic player in French retailing since 1898, the Casino Group is one of the world leaders in food retailing with more than 12,200 stores worldwide, located in France, Latin America and the Indian Ocean and a turnover of 37.8 billion euro.

Anyway, if you look at page 40-43 on their recent Annual Report, we see some commentary from Shekel Brainweigh:

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This seems very positive to me – to be specifically mentioned in the Annual Report of a European giant with a proven track record of innovation and technology adoption (and billions of Euro in revenue each year). Could this be the first of many more autonomous stores? Keen to hear what others think.

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