The first indiscretions announced a takeover by Auchan, then by Intermarché.
Ultimately, it will be neither.
The hypermarket located in the Grand Bois shopping center in Saint-Michel-sur-Orge (Essonne) will remain, for the moment, within the Casino group.
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On January 24, after five weeks of “exclusive negotiations”, the group, strangled by a colossal debt, announced that it had concluded agreements with Auchan Retail and the Groupement Les Mousquetaires.
In the second quarter of 2024, 288 stores out of the brand's 313 hypermarkets and supermarkets will be sold.
As for the future of the last 25, including that of Saint-Michel, uncertainty remains.
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