Denmark - News & Analysis

01 February 2021
In 2020, despite the Coronavirus (COVID-19) pandemic, there was significant format innovation in the Nordics, especially so in Sweden. This theme has continued into 2021, with several new concepts launching so far this year already. Last month, we published an exclusive article, 10 Nordic stores to visit in 2021 . We described that the region offers something for everyone to be inspi...
18 January 2021
Having entered in preliminary discussions around a potential transaction, these have now ended, with Carrefour and Couche-Tard switching their focus to explore opportunities for operational partnerships. Opposition to any deal The discussions had been initiated by Couche-Tard’s “friendly approach” to Carrefour with the objective of acquiring the France-based retailer. However, these d...
15 January 2021
In our recent Western European outlook 2021 article, we highlighted ‘Stepping up on sustainability’ as one of five trends that we expect to shape grocery retail in 2021. This is especially the case in the Nordics, where sustainability remains at the heart of retailer strategies despite the COVID-19 pandemic. In 2020, the World Economic Forum in Davos revealed the Global 100 Most Sustainable ...
14 January 2021
Canada's Couche-Tard, which operates the Circle K chain of convenience stores globally, has submitted a non-binding offer letter to Carrefour for a "friendly combination" at a price of EURO 20 per share, in a US$20bn deal. The terms of the transaction are under discussion, but there can be no certainty at this stage that these discussions will result in any agreement or transaction. Retail’s d...
26 November 2020
We look at how Circle K’s parent company, Couche-Tard, continues to adjust to the pandemic and the changes it’s making across its global operations. Second quarter key numbers Total merchandise and service revenues increased 6.3% to $3.8bn Same-store merchandise revenues increased 8.6% in Europe, 4.4% in the US and 11.4% in Canada Operating income increased 32.0% to $1.0bn 1. ...
26 November 2020
(Last updated 26/11/2020) As Western European countries are facing a second wave of COVID-19 infections, several governments are implementing stricter restrictions including second national lockdowns. Here is an update of the latest announcements across the region Germany Latest ( update 26/11/2020) : Lockdown to be extended until at lest 20 December, with non-essential busines...
17 November 2020
Reitangruppen, which operates the discount banner REMA 1000 in Norway and Denmark, as well as a variety of convenience banners in the Nordics and Baltics, is rebranding, restructuring and exploring listing on the stock market. We consider this and how a listing may help fuel the retailer's growth ambitions. Its REMA 1000 banner is the fastest growing discounter in Denmark, while it remains the ...
30 June 2020
We round up the latest developments from Salling Group, as it introduces three brand new apps across its grocery formats. Netto: Fillop ambient grocery online subscription service Earlier this month, the leading Danish discounter introduced the Fillop app, an ambient grocery online subscription service. Source: Salling Group, Apple The new service aims to remove the need for regula...
11 June 2020
Danish discounter Netto has launched ‘Fillop’ , an ambient grocery online subscription service, following successful testing over the last nine months. How does the service work? Shoppers place their first order, which is then regularly delivered ‘every 14 days, every month or every other month’. Future orders can be amended on a regular basis, while users are free to ‘pause, change f...
02 June 2020
Danish variety discounter, Normal, which specialises in health and beauty and household product categories will open 10 pop-up stores across Denmark this summer. The stores will be located at several of the country’s most popular summer destinations. They are expected to benefit from this year’s trend for ‘staycations’, driven by the coronavirus (COVID-19) pandemic. Smaller store concept wi...