Markets/Denmark/News

Denmark - News & Analysis

15 August 2016
REMA 1000, discount banner of Reitangruppen is to acquire a 10% stake in Norwegian pure play online retailer, Kolonial.no, as it looks to capitalise on growth of the online channel. REMA 1000 has supplied Kolonial.no with products since 2014. REMA 1000: commonality in simplicity, efficiency and low prices Commenting on the development, REMA 1000 CEO Ole Robert Reitan said, ‘Our philoso...
26 July 2016
In our recent Lidl report we have highlighted five strategic initiatives of the discounter: 1. Health and Well-being as drivers of product innovation 2. Brands where needed 3. Pan-European sourcing and vertical integration 4. Creative marketing and communication via social media 5. Large formats, city formats and metropolis, multi-channel the last of which could have a significan...
12 July 2016
Couche-Tard delivered a strong fourth quarter, helping to lift net earnings beyond $1bn for the first time. We review what was behind the retailer’s success and the outlook for the next 12 months as it rolls-out its new Circle K global brand. Lower oil price impacts revenue growth Couche-Tard’s fourth quarter merchandise and service revenues increased by 15.9% to $2.4bn, supported by acquis...
08 July 2016
Despite parent company Dansk Supermarked ending its joint venture with Sainsbury’s, Netto is looking to double its Swedish store count from 157 stores in the next ten years. Netto: no obstacles to becoming the same size as Netto Denmark Commenting on the development, Bent Holm, Managing Director of Netto Sweden said, ‘We have a very aggressive investment plan in Sweden, where we see gr...
04 July 2016
Sainsbury's and Dansk Supermarked have announced that they are ending their joint venture to bring the Netto fascia back to the UK. All 16 UK Netto stores opened through the partnership are expected to trade throughout July and close during August, incurring costs of £10m for Sainsbury's. The announcement follows the conclusion of a strategic review that was due to be made public at Sainsbury's i...
01 July 2016
Lidl has revealed an ambition to grow its store count in Copenhagen from 20 to 60-90 stores within the next few years, while REMA 1000 is prioritising Denmark’s four largest cities for expansion. Lidl: ‘the potential is huge’ Commenting on Lidl’s growth ambitions, Mads T. Nielsen, development and property director of Lidl Denmark said, ‘We have big ambitions in the metropolitan area,...
22 June 2016
We look at Lidl's latest developments in the Netherlands, Denmark, Spain and new market, Lithuania. Lithuania: entering the market with 15 stores Lidl has entered its 27th market. The discounter launched its new venture in to Lithuania with 15 stores across nine towns and cities, including five in the capital city of Vilnius. Supporting these and future stores is a  €40m logistics centr...
09 June 2016
Shobr, a new online grocery platform for branded suppliers has launched today in Denmark. Purchase direct from suppliers The Shobr website gives customers the opportunity to purchase groceries online directly from suppliers , rather than from online retailers. Initially, products are available from 70 branded suppliers across a range of fresh and ambient categories, with the s...
07 June 2016
In an interview with The Times, Lennart Lajboschitz, founder of international discount chain Flying Tiger (recently rebranded from Tiger), talks about the retailer's proposition and plans to grow. Creating an emotional connection Lajboschitz talks about making products emotional, therefore creating an experience between the consumer and product, which is where the magic of this successf...
31 May 2016
Waitrose is to begin selling a selection of its private label products in Denmark following with an agreement to supply Coop Danmark's Irma supermarkets. 40 products from Waitrose Cook’s Ingredients range Coop Danmark, which operated 83 Irma stores as of the end of 2015, will initially list around 40 products from Waitrose’s Cook’s Ingredients range, while the retailer will continue to c...