Markets/Denmark/News

Denmark - News & Analysis

20 November 2023
Food-to-go has evolved differently in Copenhagen compared to other internationally renowned cities such as London and New York.  This makes it an ideal destination for inspiration, with opportunities to learn from both retailers and foodservice operators.  If you’d like us to help you plan your visit, read more about our Retail Safaris here . Why food-to-go in Copenhagen is so special The ...
12 October 2023
Couche-Tard, Circle K’s parent company, new five year strategic plan has been developed to enable it to achieve $10 bn in EBITDA by 2028, rising from $5.8 bn this year. We look at how the retailer plans to achieve this through evolving its food offer, investing in loyalty and digital, growing its network and developing its fuel operations. Enabling growth The retailer has developed a simple...
10 October 2023
Sustainability has been more valued among shoppers and retailers. In particular, the food waste issue is a key area that retailers have been actively mitigating. In this article, we will dwell on the recent green initiatives adopted by SPAR International and Pick n Pay to address food waste sustainably.   Tackling food waste issues with IT solutions SPAR Austria deals with the issue compr...
02 October 2023
We recently paid a visit to Aarhus, the second largest city in Denmark, to look for innovations and the latest trends in the market. Here are our key learnings from the trip, as well as a shout-out to our favourite stores. 1. Importance of organic Denmark has the world’s highest organic share, with three out of four Danes buying organic food every week. Regardless of whether the format is c...
07 September 2023
We review the retailer’s first quarter performance, including four initiatives driving growth and efficiencies. Q1 key numbers Total merchandise and service revenues increased 5.0% to $4,275.8m Road transportation fuel revenues fell 21.5% to $11,235.2m, reflecting lower fuel prices Same-store merchandise revenues increased by 2.1% in the US, 6.4% in Canada, and were up 2.7% in othe...
16 August 2023
Lower fixed prices are being offered in selected European markets by Lidl. We also look at recent developments in the region from the discounter. Growth markets targeted with lower prices Lidl shoppers in Denmark, Finland, Estonia, Lithuania and Latvia can now benefit after the discounter announced the permanent reduction in price for over 100 products in its assortment. Everyday items, ...
07 July 2023
Couche-Tard, which trades mainly under the Circle K banner, delivered a strong fourth quarter, capping another solid year and helping the company achieve its ‘Double Again’ five-year plan. We look at what’s next for the business, including four growth initiatives. Q4 & FY key numbers Q4 merchandise and service revenues up 11.0% to $3,763.0m, with growth of 13.3% in the US, 9.0% in Canada...
03 July 2023
Sustainability plays an integral role in shaping the retail market across Europe. Retailers and suppliers continue to review their ESG targets to put a greater focus on reducing food waste, social commitments and providing healthier, more sustainable choices. Retailers also continue to launch new sustainability initiatives focused on reducing plastic, enhancing stores through designs that make th...
22 June 2023
Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Europe Europe’s leading grocery retailers in 2027 (Subscriber webinar) Tuesday 27 June 2023 10:00 BST Join us for an overview of the European grocery landscape, highlighting the region’s leading retailers and how we expect them to grow and evolve over the next five years. The...
25 May 2023
Danish market leader Salling Group has announced it has taken the decision to close its hard discount format, BASALT, after testing the concept. Response to economic pressures In October 2022, Salling Group launched the BASALT format as a direct response to the economic pressures facing shoppers in Denmark. It fast tracked the concept, bringing it to market in just a few weeks. This was pos...