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On 2 August 1898, Geoffroy Guichard founded with his father-in-law « la Société des Magasins du Casino » and « Établissements économiques d’alimentation under the corporate name Guichard-Perrachon & Co. In total, 77 people subscribed to the capital of the new company. The Guichard spouses owned 35% of the company’s capital (limited by shares). As from 1898, warehouses and factories were built in Saint-Étienne. Damaged by a fire in 1900, they were rebuilt reaching a total surface of 16 000 m². In the factories, Casino baked bread, produced oil and chocolate, roasted coffee, distilled and produced homemade liquors. An important wine business was also developed. Nearly 40 branches were opened in 1899. In September 1904, the 100th branch was opened in Lamastre in Ardèche and in July 1905, the 21st concession.
Casino Group operates across all food and non-food formats: supermarkets, convenience stores, discount stores, and wholesale stores. Casino Group owns other brands such as Monoprix, Franprix, Cdiscount, Vival, and Le Petit Casino.
In the first quarter of the 20th century, the company developed a social action plan dedicated to its employees, with, in 1904, the launch of an insurance fund, the creation of a health service in 1905, benefits for large families and a birth premium in 1910 or even child benefits and profit sharing for all employees as from 1916. In 1912, Casino created the Sports branch Casino employees’ Social Club, a sports organization in accordance with its sports corporatism policy. The Social club opened its football section in July 1919 alongside other disciplines such as athletics or basketball. More commonly referred to as AS Casino, the Social club became “l’Association Sportive Stéphanoise” in 1927 then “l’Association Sportive de Saint-Étienne” in 1933. In 1923, in celebration of its 25th anniversary, Casino put in place a pension fund which ensured the security of employees leaving the company. The Casino share was quoted on the Stock Exchange as from 1910.
In 1996, Casino Group became the main sponsor of the Chazal cycling team (currently AG2R Citroën Team). The team, therefore, took the name « Petit Casino – C’est votre équipe ». In the following year, Casino increased its funding and AG2R Provident Insurance became the second sponsor. The team doubled its budget, which went to 25 million Francs, and took the name “Casino-AG2R Prévoyance” from 1997 to 1999.