Western Europe news & analysis

28 July 2022
Carrefour reports a strong performance in a challenging environment and confirms its consolidated net sales in the first half of 2022 rose 13.2% to €39,054m with like-for-like (LFL) sales up by 5.4% compared to H1 2021. Source: Carrefour Carrefour France: positive Q2 sales performance The group revealed its consolidated Q2 sales increased by 17.2% to €23,078 and LFL sales increased by ...
27 July 2022
Jerónimo Martins has announced its H1 2022 results, revealing a strong sales performance across all countries where it operates, Colombia, Poland, and Portugal. Sales performance Jerónimo Martins’ Q2 consolidated sales increased by 24.5% to €6.4 bn compared to Q2 2021. The groups consolidated H1 2022 sales reached €11.9 bn an increase of 20%, compared to H1 2021. Group EBITDA increased by 19....
21 July 2022
Carrefour announced in Paris its trialling a new initiative to reduce food waste, while also tackling inflation. Meanwhile, in Spain Carrefour-owned Supeco celebrates the launch of it 50 th store opening in the market. We also visited Carrefour Montesson, to explore how it applies refill stations throughout different product categories. Carrefour’s approach to tackling inflation and food wast...
21 July 2022
Carrefour announced it signed an agreement to sell its 60% equity interest in Carrefour Taiwan, valued at €2 bn, to its long-term partner and co-shareholder Uni-President. However, Carrefour claims the Carrefour brand will still be present in Taiwan for the coming years and will be part of the wider network of Carrefour brand licenses in over 40 countries. Carrefour Taiwan’s network and sales ...
19 July 2022
Italian retailers have revealed a mixed bag of full year sales results during 2021. Selex announced it increased its 2021 sales turnover by 4.3%, compared to 2020. Meanwhile, Coop Italia and Coals revealed a decline in sales during the same period. Whereas Gruppo VéGé achieved a growth in its 2021 sales and remains fifth in the grocery market. Selex sees increased turnover in 2021 Gruppo Se...
08 July 2022
Spain-based Alcampo announced its full year 2021 results, during a challenge period, it recorded a decrease of 12.8% to €3,921m, compared to €4,497m in 2020. Alcampo’s investment 2021 The group highlighted during 2021 it increased its investment to €104m, an increase of 164.6%, compared to 2020. Alcampo allocated 16% of this investment to sustainability and 15% to the digitisation project, se...
03 July 2022
As part of its annual general meeting, Spain-based retailer alliance Grupo IFA has reported its 2021 results with a total consolidated turnover of €33.2 bn, across all its operations in Spain, Portugal and Italy. Who is Grupo IFA? Grupo IFA is the leading retail group by surface area in the Spanish and Portuguese markets and comprises 34 affiliate members and 137 affiliated companies. In...
20 June 2022
Following Tesco discussing shifts in shopper spending in its Q1 results , we look at two promotional and value-focused campaigns in the UK. Sainsbury’s adds further products to Aldi price match programme Sainsbury’s has expanded the number of products covered by its Aldi price match programme. The company said it had extended the scheme to cover its top 20 highest volume items, which wil...
17 June 2022
Carrefour operates over 13,000 stores in nine different markets. The Carrefour group continues to expand its operations and partners to provide quick commerce and food delivery services. Carrefour Brazil revealed it completed the acquisition of Grupo Big in Brazil. Meanwhile, Europe’s leading q-commerce Flink SE purchased Cajoo, who partners with Carrefour to supply its private label and other ex...
16 June 2022
Spain’s market leader and one of Europe’s most admired retailers, Mercadona is increasing its commitment to its markets Spain and Portugal. We have identified five ways it continues to develop to stay ahead of the competition. 1. Mercadona betting big on its online expansion plan Although online has been a lower priority for the retailer over the past decade, like many retailers the pandemi...