Facing the looming threat of ecommerce giant Amazon’s automated stores, French grocery chain Casino has opened its first cashier-free location in Paris.

The store, called “Le Casino 4,” is located near the Champs-Élysées and promises, according to a press release, to be “a place to eat, relax, and shop, where digital services enhance and simplify the day-to-day shopping experience.”

“The retail business is now innovation-centric, and this goes beyond mere technology,” said Jean-Charles Naouri, chair and CEO of the Casino Group, in a statement. “In the future, the gap between brick-and-mortar and digital stores will close. Physical and digital distribution channels will not only need to adapt to tastes and trends but also to anticipate them.”

Casinos de France pointed to the economic impact of the sector, stating that the casino industry represents 15,000 direct jobs, 45,000 indirect jobs and generates €1.4bn per year in taxes, including €400m for local communities. Born 1930 in Piolenc in south France as son of a wealthy industrialist. Studied law in Aix-en-Provence. Started theatrical acting in 1950, but was regarded untalented at first, until Roger Vadim discovered him for the movies. When the press stalked him 1956 because of rumors of an affair with. Company profile page for Cdiscount SA including stock price, company news, press releases, executives, board members, and contact information. CEO Kingston upon Thames. Part of the pre-op team of the UK’s largest international-style casino, and its busiest. Casino Dealer Casinos in France.

Above: A shopper enters Le Casino 4.

The opening comes as Amazon aggressively expands its own brick-and-mortar efforts through Amazon Go, cashierless stores that use sensors, artificial intelligence, and smartphones to streamline the shopping experience. Some reports have indicated that Amazon may try to open as many as 3,000 Amazon Go stores by 2021.

While there are none in France yet, Casino rival Monoprix has signed a deal to sell groceries through Amazon’s Prime loyalty program in Paris.

Meanwhile, Casino has unveiled its own vision for the future of retail.

The new store has three floors and offers 6,000 products. It’s open 24 hours, seven days a week. And it boasts a selection of organic products, a “smart wine and spirits cellar,” and sample dishes prepared by a chef. There is also a showroom for products from French ecommerce site Cdiscount and a free coworking space.

Outside the store, passersby will see an augmented reality digital display.

Casino France Ceo Film

In addition to grabbing products onsite, shoppers have the option of ordering home delivery through a digital wall, where they can scan items and schedule delivery.

Above: The new store features image recognition technology and allows shoppers to buy with an App and pay online or at a self-service check-out.

Of course, the main activity is still selecting from among the 6,000 products in the store. Image recognition allows shoppers to make purchases by using the Casino App on their phone and scanning the app at a self-service checkout.

Above: A man holds his smartphone and a Casino App at a self-scanning terminal, which replaces a cashier inside “Le 4 Casino” in Paris.

The company says Le Casino 4 is an experiment, and it plans to give the store at least six months before evaluating its reception.

“This new concept embodies an entirely new mindset based on constant adaptation, with a view to more effectively anticipating and meeting consumer expectations while maintaining close, trusting relationships with the customers who shop at our banners,” Naouri said in his statement.

Casino France Retailer

Cnova N.V. is an e-commerce company, founded in June 2014. Cnova includes Cdiscount (operating in France, Belgium, Ivory Coast, Senegal and Colombia) and Cnova Brazil (operating in Brazil). Cnova N.V. is part of Groupe Casino, a French global retail company of which Mr. Jean-Charles Naouri is currently the chairman and CEO. Since November 2015, Peter Paul Estermann is the chairman of the board of Cnova N.V.^[2]

In 2015, the total sales of Cnova N.V. reached 4.835 billion euros and its total revenue reached 3.42 billion euros.^[1] At the end of 2014, Cnova counted 13.6 million active customers in the world.^[3]

History[edit]

The first operations began in 1998 with the founding of the e-commerce website Cdiscount, a single website focused on offering CDs and DVDs.^[4]

Cdiscount then expanded its business to encompass product categories such as consumer electronics, computers, home appliances and wine.

In 2008, the companies Pontofrio.com and eHub were launched in Brazil, providing e-commerce services to third-party retailers.^[5]

The Brazilian expansion continued in 2010 by adding the Extra.com.br and CasasBahia.com.br websites to the portfolio, and the creation of business unit focused on business-to-business wholesale called Pontofrio Atacado. In 2011, Cdiscount implemented its first marketplace and launched ComptoirSante.com, an e-commerce website dedicated to beauty products.^[6]

During the year 2012, two new websites were launched in Brazil. An online marketplace was also created on the Extra.com.br website in Brazil.

2014, Cnova, a global e-commerce company with a total gross merchandise volume of $4.9 billion, was created through a joint venture between Casino, GPA, Via Varejo and Exito. Cnova will be directly owned 46.5% by Casino (including its subsidiary Exito) and 53.5% indirectly by GPA, Via Varejo and certain founding shareholders of Nova Pontocom.^[7][8]

2014 saw the merger of both French and Brazilian e-commerce activities under the Cnova umbrella, as well as the Cdiscount expansion in Colombia, Ivory Coast, Belgium and Senegal.^[9]

Presentation[edit]

The current geographies represent over 500 million people with Cnova sites in France, Brazil, Colombia, Ivory Coast, Belgium and Senegal, and operations in Brazil under the sites Extra.com.br, Pontofrio.com and Casasbahia.com.br.^[10] It operates B2B solutions, such as the eCommerce solution eHub, and niche sites both in France and Brazil, with Comptoirsante.com, Moncornerdeco.com, or Barateiro.com.

Cnova has established itself as an eCommerce market leader in France and Brazil. Through the direct sales websites and its marketplaces, Cnova offers an extensive product assortment (including home appliances, consumer electronics, computers, home furnishings, leisure and personal goods) and differentiated delivery and payment options.^[11][12][13]

Subsidiaries[edit]

Cdiscount[edit]

Cdiscount is a French company created in 1999. It has been part of Casino Group since 2000. As the first e-commerce website in France, Cdiscount offers a wide range of products including, among others, cultural goods, high-tech, IT, household appliances, personal appliances and food.^[14]

Cdiscount also operates in Brazil, Belgium, Ivory Coast, Senegal and Colombia.

In 2015, Cdiscount employed 1,400 people and had a turnover of 1.764 billion euros.^[15]

Cnova Brazil[edit]

Cnova Brazil, now integrated into Via Varejo businesses,^[16] was specialized in e-commerce activities throughout the country. Its creation follows the merger of the online activities of Casas Bahia, Ponto Frio and Extra, a hypermarket chain belonging to the Brazilian group Pão de Açúcar, the leading national retailer in Brazil. Cnova Brazil structured its e-commerce services through three main B2C websites – extra.com.br, casasbahia.com.br and pontofrio.com – as well as B2B services through Pontofrio Atacado and its eHub platform.^[17]

Cnova Brazil was a major e-commerce player in Brazil with a turnover of 1.655 billion euros in 2015.^[18]

Management[edit]

Executive Committee[edit]

Casino France Ceo History

• Emmanuel Grenier: CEO and Executive Director of Cnova
• Stéphane Brunel: Chief Financial Officer of Cnova and Cdiscount^[19]

References[edit]

Casino France Ceo Login

1. ^ ^abCnova : le chiffre d'affaires de Cdiscount en légère progression, LSA Conso, 3 March 2016
2. ^Cnova Board ChangesArchived 4 March 2016 at the Wayback MachineReuters, 20 November 2015
3. ^Cnova investors presentation, cnova.com, february 2015
4. ^Cdiscount at the heart of B to B e-commerce^{[permanent dead link]}, Deliver 2 France, 16 January 2013
5. ^Company Overview of Pontofrio.com, Investing Businessweek, 13 October 2014
6. ^Cdiscount lancera en juin une e-boutique de lentilles de contact, Journal du Net, 16 May 2011
7. ^'Casino Guichard Perrachon sets up with Via Varejo global ecommerce joint venture Cnova'. Reuters. 4 June 2014. Retrieved 22 June 2014.
8. ^'Casino Group: Creation of a major global ecommerce - Cnova'. GlobeNewswire. 4 June 2014. Retrieved 22 June 2014.
9. ^Casino Group: Creation of a major global ecommerce – Cnova, Euroinvestor, 4 June 2014
10. ^Casino Files to Float e-Commerce Unit Cnova in New York, Wall Street Journal – Online, 5 June 2014
11. ^Alibaba IPO timing bodes well for Casino's Cnova listing, CNBC, 16 September 2014
12. ^Casino lance « Cnova », sa société mondiale de e-commerce, Les Echos, 5 June 2014
13. ^Company Overview of Cnova N.V., Blommberg Businessweek, 13 October 2014
14. ^Cdiscount, premier e-commerçant de France, Journal du Net, 11 June 2013
15. ^Cdiscount - Groupe Casino, Groupe-Casino.com
16. ^GPA anuncia integração de negócios da Cnova Brasil à Via Varejo, G1, 31 October 2016
17. ^Cnova Brazil, a major e-Commerce player in Brazil, Groupe Casino
18. ^Cnova NV : N.V. : - Activité de l'exercice 2015, Zone Bourse, 12 January 2016
19. ^'CNV Profile'. Yahoo Finance.

External links[edit]