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Monoprix

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This article is about the French Monoprix retail chain. For the Tunisian chain, see Monoprix (Tunisia).

Monoprix
Company typeSubsidiary
IndustryRetail
Founded1932; 93 years ago (1932), in Rouen, France
FounderMax Heilbronn
Headquarters
Clichy, Hauts-de-Seine
,
France
Number of locations
736 (2024)
Area served
Key people
Jean-Charles Naouri (CEO)
Brands
  • Monop'
  • Monop' Daily
  • Monop' Beauty
  • Monop' Station
  • Naturalia
ParentGroupe Casino
Websitemonoprix.fr
A Monoprix location, which is the former head office of the Félix Potin company, in Paris
A Monop' location in Paris

Monoprix S.A. (French pronunciation: [mɔnɔpʁi]) is a major French retail chain with its headquarters in Clichy, Hauts-de-Seine, France, near Paris.[1] The company's stores combine food retailing with fashion, beauty and home products.

History

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The company was founded in 1932 in Rouen by Max Heilbronn, a son-in-law of Theophile Bader, the founder of Galeries Lafayette.[2]

In 1991, Monoprix acquired the Uniprix brand after Galeries Lafayette took over Nouvelles Galeries, the parent of Uniprix.[citation needed]

In 1997, the chain merged with French retailer Prisunic, in a deal that saw Casino Group acquire a 21% stake in the merged company.[3]

In 2000, Galeries Lafayette, entered into an agreement to sell a 50% interest in Monoprix. Casino Group provided Galeries Lafayette with a put option to sell the remaining 50%. In 2012, after legal wrangling over the value of the put option, the shareholders of both firms agreed on a sale price of $1.6 billion (€1.2 billion).[4] The Autorité de la concurrence, France's competition regulatory body, approved the transaction in 2013, with the condition that the merged group sell 58 stores. This allowed the deal to close, making Monoprix a wholly owned subsidiary of Casino Group.[5]

On 23 May 2019, Rallye S.A., owner of Groupe Casino, declared bankruptcy protection in an effort to maintain its high debt costs. Casino later announced that same day that the bankruptcy would not affect any of their subsidiaries and that operations would continue normally.[6][7]

In 2023, Monoprix's parent Casino announced that they have completed a deal to avoid bankruptcy. This restructuring procedure would allow for the company to cut high debt and improve recent losses to other rival supermarket corporations.[8] In 2024, Casino USA filed for Chapter 15 bankruptcy.[9]

Monoprix currently has more than 700 shops in total: most under the Monoprix brand, but also smaller Monop', Monop' Daily, Monop' Station, Monop' Beauty, and Naturalia formats.[10] It has a presence in over 250 towns and cities in France and employs around 21,000 people.

International stores

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In 1933, Monoprix expanded to Tunisia, currently 85 stores operate in the country under a management contract.[11][12]

Monoprix acquired Prisunic's stores in Mauritius in 1975, Monoprix exited Mauritius in 2019.[13] The company plans to return to Mauritius with a store in Rivière Noire sometime in 2025.[14]

The company entered Lebanon in 1999, all stores were closed in 2019. In early 2024 it was announced that Monoprix would return to Lebanon in 2024,[15] it is currently uncertain if the store will open due to the 2024 Israeli invasion of Lebanon.

Monoprix opened in Andorra in 2009.[16] The Andorran branches have since closed.

In 2013 Monoprix opened a store in Doha, Qatar.[11] A store was also opened in Libya, however it later closed.[12]

Monoprix opened in Luxembourg in 2014.[17] Intentions to expand to Germany, the Netherlands, Portugal, Scandinavia and Spain were announced in late 2020.[18]

A Monoprix store opened in Abu Dhabi, United Arab Emirates in 2022.[19] The company also entered Kuwait in the same year.[20] The first Belgian Monoprix opened in spring 2024.[21]

In May 2025, plans were announced to open 210 Monoprix and Franprix stores in Morocco by 2035 in an agreement with H&S (owned by Moncef Belkhayat). Moroccan previously operated in the 20th century.[22]

Egyptian stores are planned to open in Egypt in 2025.[23]

Stores also operate in La Réunion and Guadeloupe.

References

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  1. ^ "Informations légales Archived 2010-02-09 at the Wayback Machine." Monoprix. Retrieved on 4 February 2010. "Siège social : 14 - 16 rue Marc Bloch 92116 CLICHY Cedex"
  2. ^ O'Connor, Clare (26 November 2013). "High Fashion, Nazi Plunder And Family Feuds: Retail's Newest Billionaire Has Quite A Story". Forbes.
  3. ^ Jones, Terril Yue (20 April 1998). "Eat or be Eaten". Forbes.
  4. ^ Daneshkhu, Scheherazade (29 June 2012). "Casino and Lafayette end Monoprix fight". Financial Times.
  5. ^ Daneshkhu, Scheherazade (13 July 2013). "French watchdog approves Casino's takeover of Monoprix". Financial Times.
  6. ^ "Casino Group parent Rallye enters bankruptcy protection". S&P Global. 24 May 2019. Retrieved 17 February 2024.
  7. ^ "Financial Report 2021" (PDF). Groupe Casino IR. 1 March 2022. pp. 20, 21, 22, 49, 68, 106. Archived (PDF) from the original on 10 September 2022. Retrieved 10 September 2022.
  8. ^ "French retailer Casino finalises rescue deal led by Czech tycoon". Reuters. 5 October 2023. Retrieved 17 February 2024.
  9. ^ "Groupe Casino: Proceedings for recognition of financial restructuring in the United States (Chapter 15)". Yahoo! Finance. 16 February 2024. Retrieved 17 February 2024.
  10. ^ "Nos enseignes" [Our brands] (in French). Monoprix. Retrieved 4 June 2021.
  11. ^ a b Fouquet, Claude (24 October 2013). "Monoprix fait ses premiers pas au Qatar". Les Echos.
  12. ^ a b Cousins, Michel (29 March 2013). "Monoprix opens in Tripoli". Libya Herald.
  13. ^ "Monoprix is re-entering Mauritius and will open new stores in early 2025". Trendtype. 7 June 2024. Retrieved 18 October 2024.
  14. ^ Chateau, Thierry (11 September 2025). "Monoprix revient avec un magasin à Rivière Noire - Eco Austral". Eco Austral - Actualités économiques et entreprises de l'Océan Indien (in French). Retrieved 19 October 2025.
  15. ^ Gemayel, Fouad (4 March 2024). "Le premier Monoprix à rouvrir au Liban sera situé à Hamra". L'Orient-Le Jour.
  16. ^ Leboulenger, Sylvie (27 August 2009). "Monoprix renforce ses positions à l'international". LSA.
  17. ^ "Monoprix has arrived in Luxembourg!". Luxembourg Times. 18 October 2024. Retrieved 18 October 2024.
  18. ^ dev@grandiz.com (26 November 2020). "European ambitions for Monoprix". RetailDetail EU. Retrieved 18 October 2024.
  19. ^ Salian, Neesha (14 July 2022). "GMG opens French retail brand Monoprix's first store in the UAE". Retrieved 18 October 2024.
  20. ^ "Monoprix Supermarket Now Open!". 2:48AM - Entertaining Kuwait since 2003. 13 June 2022. Retrieved 19 October 2025.
  21. ^ Rompaey, Stefan Van (29 March 2024). "[In the picture] Monoprix reveals trump card for Belgian expansion: funshopping". RetailDetail EU. Retrieved 18 October 2024.
  22. ^ Soussi, Omar (26 May 2025). "Moncef Bekhayat plans to open 210 Franprix and Monoprix stores in Morocco". Yabiliadi. Retrieved 19 October 2025.
  23. ^ "Monoprix Announces Plan To Enter Egypt In 2025". ESM Magazine. 9 December 2024. Retrieved 2 February 2025.
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