Les Mousquetaires, the French retail company that operates the Intermarche, Bricomarche and Netto banners, has announced an investment of €100 million ($109 million) to establish 80 new stores in Portugal within the next five years. The focus of the strategy will reportedly be smaller and medium-sized Intermarche stores ranging in size from 1,000 to 2,500 sq mt. The company plans to launch roughly 15 new stores each year, investing between …
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Les Mousquetaires
Casino, the leading French retail group, has announced it has reached an agreement to sell 288 stores and assoicated service stations to peers Auchan and Les Mousquetaires for an enterprise value of around €1.3 billion ($1.4 billion) Negotiations started last December with Casino aiming to sell almost all of its supermarkets and hypermarkets as part of a restructuring process. The disposals will take place in the second quarter of 2024, …
Les Mousquetaires, the French retail group that operates stores under banners such as Intermarche, Bricomarche and Netto, is set to expand its network in Portugal, according to an article in European Supermarket Magazine. The supermarket chain, which already has 241 supermarkets and a further 65 other stores in the country, is reported to have ambitions to expand its network to almost 400 outlets by 2020. According to European Supermarket Magazine, …
Intermarche is rolling out a new concept for the fresh juice category through the use of branding that tells the consumer the precise time the product was made. Featuring a predominantly white label, the primary ‘brand’ of the supermarket’s new orange juice is a time stamp in 24-hour format that is said to indicate the exact moment when the juice was pressed and bottled. Dubbed “le jus le plus frais” …
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