Casino Guichard takes over Sarenza

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19 March 2018 à 15h47

Updated on 10 May 2019 à 17h15

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1 minute

Publication: 19 March 2018 à 15h47, Updated on 10 May 2019 à 17h15

Reading time: 1 minute

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Publication

19 March 2018 à 15h47

Updated on 10 May 2019 à 17h15

Reading time

1 minute

Publication: 19 March 2018 à 15h47, Updated on 10 May 2019 à 17h15

Reading time: 1 minute

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Having declined 20 bids, footwear pure-player Sarenza will be purchased by the Monoprix supermarkets (sales of €5 billion in 2017, owned by Casino Group). In 2017, Sarenza posted sales of €250 million before consumers returns, which weigh on profitability. Indeed, returns reach 25% on average and up to 40% for wedding shoes. With this move, “pick-up” services and returns of Sarenza orders are likely to take place within Monoprix 700 French supermarkets. The grocer aims to increase i

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