|Société par actions simplifiée|
|Jean-Charles Naouri (CEO)|
Monoprix S.A. (French pronunciation: [mɔnɔpʁi]) is a major French retail chain with its headquarters in Clichy, Hauts-de-Seine, France, near Paris. The company's stores combine food retailing with hardware, clothing, household items and gifts.
In 2000, Galeries Lafayette, entered into an agreement to sell a 50% interest in Monoprix. Casino Group provided Galeries Lafayette with a put option to sell the remaining 50%. In 2012, after legal wrangling over the value of the put option, the shareholders of both firms agreed on a sale price of $1.6 billion (€1.2 billion). The Autorité de la concurrence, France's competition regulatory body, approved the transaction in 2013, with the condition that the merged group sell 58 stores. This allowed the deal to close, making Monoprix a wholly owned subsidiary of Casino Group.
The Monoprix group had more than 300 stores and employed around 20,000 people in France at the end of 2008. Monoprix is present in approximately 85% of all French towns with a population of more than 50,000. In 2005, Monoprix had €3.3 billion in revenue.
- "Informations légales Archived 2010-02-09 at the Wayback Machine." Monoprix. Retrieved on 4 February 2010. "Siège social : 14 - 16 rue Marc Bloch 92116 CLICHY Cedex"
- O'Connor, Clare (2013-11-26). "High Fashion, Nazi Plunder And Family Feuds: Retail's Newest Billionaire Has Quite A Story". Forbes.
- Jones, Terril Yue (1998-04-20). "Eat or be Eaten".
- Daneshkhu, Scheherazade (2012-06-29). "Casino and Lafayette end Monoprix fight". Financial Times.
- Daneshkhu, Scheherazade (2013-07-13). "French watchdog approves Casino's takeover of Monoprix". Financial Times.
- Overview of the Monoprix group (in French)
- Official site (French)