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In Saint-Étienne, Casino employees are green with rage: "Mr. Naouri owes us an explanation"

2023-12-09T07:27:37.279Z

Highlights: In Saint-Étienne, Casino employees are green with rage: "Mr. Naouri owes us an explanation" The last time they took to the streets was in 1997, when Casino rebuffed a hostile takeover bid by Promodès. Great-grandson of Geoffroy Guichard – the founder of Casino who created the city's football club after which the stadium is named – Xavier Kemlin has been sounding the alarm for several years. But faced with the catastrophic financial situation, the people of Saint-Etienne cannot remain silent.


In the large city of Forez, the group's financial difficulties make people fear the worst. The city holds its breath and dreads the departure


Usually, Casino Group employees are not in the habit of pounding the pavement easily. The strike notice filed until December 31 and the demonstration organized this Tuesday in Saint-Étienne (Loire) show how serious the situation is. The last time they took to the streets was in 1997, when Casino rebuffed a hostile takeover bid by Promodès, leading Jean-Charles Naouri to head the food distribution group.

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But faced with the catastrophic financial situation of the city's main company, the people of Saint-Etienne cannot remain silent. Great-grandson of Geoffroy Guichard – the founder of Casino who created the city's football club after which the stadium is named – Xavier Kemlin has been sounding the alarm for several years.

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Source: leparis

All business articles on 2023-12-09

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