OPINION ABOUT: Casino Guichard Perrachon SA is a leading food retailer in France and abroad. At 31 December 2014, it operated a total of 14,572 (+3.7% YoY) stores in various formats. France, with 10,414 stores, accounts for 42% of revenue; international markets (Brazil, Colombia, Thailand, Argentina, Uruguay, Vietnam, Indian Ocean), with 4,158 stores, account for 58% of revenue. Casino holds a 41.3% stake in GPA (Companhia Brasileira de Distribuiçao) and a 58.1% direct and indirect economic interest in Cnova, an e-commerce company.