Casino Group and H&S Invest Holding plan to open 210 convenience stores in Morocco with by 2035

Core Insights - Casino Group and H&S Invest Holding have signed a strategic partnership to open over 210 Franprix and Monoprix stores in Morocco by 2035, marking a significant step in Casino Group's international expansion strategy through franchising [2][5] - The partnership aims to enhance Morocco's convenience retail landscape by introducing innovative retail concepts that combine quality food products, fast food, everyday services, and a digitalized customer experience [3][4] - The first stores are set to open in 2026, focusing on quality, convenience, and a high proportion of local products [4] Company Overview - Casino Group is a leader in the French retail market, operating approximately 7,500 convenience stores and generating a gross merchandise volume of €12.4 billion in 2024 [7] - The Group has a presence in over 30 countries with 472 franchised stores outside Metropolitan France, contributing to 3.5% of its net sales in 2024 [2] - H&S Invest Holding, established in 2005, operates in essential sectors such as manufacturing, logistics, and retail, aiming to create over 1,000 direct and indirect jobs in Morocco by 2030 through this partnership [6]