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Sale of 288 Supermarkets and Hypermarkets by Casino: Auchan and Intermarché Takeover, Fate of Odysseum Uncertain

A central works council of the large distribution chain took place this afternoon confirming the sale of 288 supermarkets and hypermarkets. Auchan will take over from the Géant de Celleneuve while that of the Très-d’Arènes will fall into the fold of Intermarché. The fate of Odysseum, however, is not sealed.

A central corporate social and economic committee of the Casino mass distribution chain took place this Wednesday afternoon in Saint-Etienne. This meeting was an opportunity for group managers to clarify the terms of sale of their supermarkets and hypermarkets to Auchan and Mousquetaires-Intermarché. A total of 288 locations are affected by this vast resale operation valued at nearly 1.3 billion euros.

The Odysseum case is not decided

The fate of the stores located in Montpellier was therefore sealed during this meeting: the “Giant” of Celleneuve (136 employees) passed into the fold of the Auchan group, one of the two buyers. The historic Prés d’Arènes brand (125 employees) returns to the Les Mousquetaires-Intermarchés group. This is also the case for the supermarkets on Avenue de Toulouse and Route de Ganges, while that of Grabels comes under the Auchan brand. The future of the Odysseum Casino (approximately 100 employees), however, does not have been decided like that of 22 other establishments elsewhere in the territory, which arouses the concern of the staff who remain, for the moment in the Saint-Etienne group. “We knew that for Odysseum it was going to be complicated. What poses a problem is the rent” notes Laurent Cherry, elected CFDT of the Celleneuve hypermarket and union representative on the central committee.

Fast transfers

According to the schedule presented to staff representatives, the transfers could be carried out very quickly, in three very close phases, on April 30, May 31 and July 1. “after consultation with the staff representative bodies concerned” said the Saint-Etienne group. “We are surprised it’s very short for the teams” adds Laurent Cherry.

To respond to the fears that had been expressed last June, the buyers committed to taking over the employees’ employment contracts and maintaining specific benefits but for a period of 15 months, the legal minimum. In a statement to AFP, the national secretary of CFDT services, Sylvain Macé, urged the employees affected by these transfers to “negotiate substitution agreements” in their sites. A new information meeting for elected staff members is scheduled for next week.

2024-01-25 06:29:12
#Casino #hypermarkets #Montpellier #sold #Auchan #Intermarché

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