Intermarché to Close 30 Former Casino Stores, Putting 680 Jobs at Risk
Eighteen months after acquiring 294 Casino stores, Intermarché cites financial unviability as the reason for planned closures across France.
- Intermarché announced plans to close 30 former Casino stores acquired in October 2023, citing financial unviability.
- The closures could affect 680 employees, with staff informed about the economic challenges and potential shutdowns.
- The acquisition initially preserved over 10,000 jobs and added €3 billion in annual revenue but has faced integration difficulties.
- The affected stores are located in various regions across France, including Millau, Decazeville, and Metz.
- Two stores from the acquisition have already been closed in Lyon and Boissy-Saint-Léger prior to this announcement.