45 pages, May 2016
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French modern grocery player Casino is in the middle of a strategic upheaval, selling off its Thai and Vietnamese businesses in 2016 to help turn around its domestic French operations. The company suffers from a lack of scale compared to peers like Carrefour, and is exposed to market maturity in France and deepening recession in Brazil, its two largest markets. Aggressive price cutting is further hindering value development.
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