Should I still bet on Casino? The question is worth asking, because times are hard for the group. The distributor's turnover in France fell by 2.3% in the first quarter over one year despite inflation of some 15% in the food sector. And its market share fell to 6.1%. The fault is financial difficulties that did not allow it to squeeze its margins and enter the price war with its competitors. So much so that we wonder if Casino will not be the first victim of inflation in the French retail landscape.
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