Retail in Asia

In Sectors

Casino retail group posts 6.5pc gain in profit for 2011

French supermarket and retail group Casino reported on Tuesday a 6.5-percent gain in 2011 net profit to EUR568 million (USD762m) on strong sales in emerging markets. The company said operating profit rose 19.1 percent to EUR1.55 billion, which was marginally higher than analyst forecasts compiled by Dow Jones Newswires.