Casino Shop Paris 11
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Facing the looming threat of ecommerce giant Amazon’s automated stores, French grocery chain Casino has opened its first cashier-free location in Paris.
The store, called “Le Casino 4,” is located near the Champs-Élysées and promises, according to a press release, to be “a place to eat, relax, and shop, where digital services enhance and simplify the day-to-day shopping experience.”
“The retail business is now innovation-centric, and this goes beyond mere technology,” said Jean-Charles Naouri, chair and CEO of the Casino Group, in a statement. “In the future, the gap between brick-and-mortar and digital stores will close. Physical and digital distribution channels will not only need to adapt to tastes and trends but also to anticipate them.”
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Above: A shopper enters Le Casino 4.

The opening comes as Amazon aggressively expands its own brick-and-mortar efforts through Amazon Go, cashierless stores that use sensors, artificial intelligence, and smartphones to streamline the shopping experience. Some reports have indicated that Amazon may try to open as many as 3,000 Amazon Go stores by 2021.
While there are none in France yet, Casino rival Monoprix has signed a deal to sell groceries through Amazon’s Prime loyalty program in Paris.

Meanwhile, Casino has unveiled its own vision for the future of retail.
The new store has three floors and offers 6,000 products. It’s open 24 hours, seven days a week. And it boasts a selection of organic products, a “smart wine and spirits cellar,” and sample dishes prepared by a chef. There is also a showroom for products from French ecommerce site Cdiscount and a free coworking space.
Outside the store, passersby will see an augmented reality digital display.
In addition to grabbing products onsite, shoppers have the option of ordering home delivery through a digital wall, where they can scan items and schedule delivery.
Above: The new store features image recognition technology and allows shoppers to buy with an App and pay online or at a self-service check-out.
Of course, the main activity is still selecting from among the 6,000 products in the store. Image recognition allows shoppers to make purchases by using the Casino App on their phone and scanning the app at a self-service checkout.
Above: A man holds his smartphone and a Casino App at a self-scanning terminal, which replaces a cashier inside “Le 4 Casino” in Paris.

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The company says Le Casino 4 is an experiment, and it plans to give the store at least six months before evaluating its reception.
“This new concept embodies an entirely new mindset based on constant adaptation, with a view to more effectively anticipating and meeting consumer expectations while maintaining close, trusting relationships with the customers who shop at our banners,” Naouri said in his statement.
Paris, November, 9th 2020,

Casino announces the launch today of a tender offer to repurchase the outstanding bonds due May 2021 (ISIN: FR0011052661), June 2022 (ISIN: FR0013260379), January 2023 (ISIN: FR0011400571) and March 2024 (ISIN: FR0011765825).
Pursuant to this offer, Casino will accept all bonds maturing in May 2021 that are tendered and an aggregated amount of tendered bonds maturing in June 2022, January 2023 and March 2024 up to an indicative cap of €150 million.
The bond tender offer will begin on November 9, 2020 and will expire at 5:00 p.m. (Paris time) on November 16, 2020. The results of the bond tender offer will be communicated on November 17, 2020. Settlement of bond tender offer is expected to take place on November 20, 2020.
Important Information
This press release and the information contained herein does not constitute an offer to repurchase the bonds or an invitation to sell the bonds or an invitation to participate in such an offer to repurchase in, or from, any country in or from which, or from or to any person to whom, such invitation is prohibited by applicable laws and regulations. The distribution of this press release in certain countries may be restricted by law and/or be subject to specific regulations. Persons in possession of this document are required to inform themselves and to comply with all applicable legal and regulatory restrictions.
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