Convenience Retail

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Casino Group: Monoprix and the Zouari family plan to franchise 27 Monop’ stores
Globenewswire· 2025-04-29 16:00
Core Insights - Monoprix and the Zouari family are planning to franchise 27 Monop' stores in Paris and the Île-de-France region as part of Monoprix's strategy to enhance sales momentum and accelerate development with a long-term partner [1][3] - The project includes a renovation plan to modernize the stores to meet the latest Monop' concept standards, with no job losses anticipated [2] - Philippe Palazzi, CEO of Casino Group and Chairman of Monoprix, emphasized that this partnership aligns with the strategy of revitalizing the store network and developing the franchise model [3] Company Overview - Monoprix, a brand under Casino Group, has been transforming urban convenience retailing for over 90 years, operating 625 stores and an e-commerce site [3] - The company reported net sales of €4 billion in 2023, showcasing its robust market presence [3]