Monoprix and Franprix are the new headache for Czech billionaire Daniel Kretinsky. The two premium convenience brands are in poor shape and suffered from a lack of investment as the Casino group became mired in its financial problems.
The new general director, Philippe Palazzi, as well as his inner circle, were to be appointed. Recruited in July 2023 by the Czech billionaire, this former general director of Lactalis will emerge from the shadows after months of work preparing the recovery.