Born in Rouen in 1932, Monoprix has grown from a provincial grocery store to a French retail powerhouse conveying quintessential Parisian style.

Naouri Casino Rallye
Wassila Casino Naouri

Gabriel Naouri is deputy head of international coordination of Groupe Casino. Jean-Charles Naouri is Chairman/CEO at Casino Guichard Perrachon SA. See Jean-Charles Naouri's compensation, career history, education, & memberships.

As the chain’s CEO, Jean Charles Naouri mentioned, Monoprix appeals to time-poor hedonists. Indeed, with products priced 15% more expensive than its counterparts and a children’s range echoing the likes of Bonpoint, Naouri isn’t afraid to position Monoprix as a luxury brand.

About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators. Naouri acquired controlling shares in Casino after it merged with Rallye in 1998. Jean-Charles’s son, Gabriel Naouri, is an entrepreneur and was previously deputy head of international operations of Groupe Casino until 2017. Jean-Charles Naouri, the 70-year old retail kingpin behind the Casino French supermarket chain, came under pressure for a big restructuring of this companies as Casino shares slumped on renewed.

Naouri’s involvement with the brand since 2012, when the Lafayette group ceded its 50% stake in Monoprix to the Casino group for 1.175 billion, was a major push to the brand’s new positioning. Jean Charles Narouri, Casino’s chairman and CEO took over the same role at Monoprix and expanded the retailer’s services.

After offering online selling services in 2008, the high-end supermarkets further established their new positioning via the launch of their online retailer called ‘MonShowroom’ in 2015. In addition to selling Monoprix’s own brand Clo&Se, the online marketplace also showcases articles from brands such as IRO, Antik Bantik and Ba&Sh, thus catering to affluent young and trendy young adults. Nowadays 2/3 of sales come from its supermarkets and 1/3 from clothing, health and beauty products. Monoprix is also known for constantly renewing their collections of homeware.

Nowadays, Monoprix is a force to be reckoned with in the French retail sector with over 4.2 billion € in sales for 2016. It represents 22% of French sales for Casino and accounts for 2/3 of retail trading according to BNP estimates. Furthermore, Monoprix has a 6-7% earnings before interest and tax margin excluding profit, according to Exane.

Although the French retailer saw a light decrease in sales during the first quarters of 2016, it reported a sales boost of 2.5% in the 4th quarter of 2016.

Based on various legends of Mexican folklore, Grim Fandango is packed to the hilt with dancing skeletons, crime, romance, and much more. Take on the role of Manny Calavera, a travel agent for the. Grim Fandango is a graphic adventure video game directed by Tim Schafer and released by LucasArts in 1998. Set in the Mexican folklore's Land of the Dead and with a strong film noir twist, the story follows Department of Death's travel agent Manny Calavera who acts as a guide for recently departed souls as they travel through the Land of the Dead on their way to their final destinations.

Naouri Casino Rallye

Wassila Casino Naouri

As Monoprix continues to grow and sets its sights on international goals, its management will have to find news ways to entice new clients around the world without losing its core identity. Nouari’s track record seems to confirm that the CEO is ready to take on this next challenge.