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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