Markets/Europe/News

Europe news & analysis

03 February 2023
On the back of Lidl GB announcing a huge £4 billion investment into the British food industry this year, we look at other developments in the UK by the German discounter. Major boost for UK suppliers Lidl GB has announced plans to invest £4 billion into the British food industry in its 2023 financial year. This will provide much needed security to its UK suppliers and possibly signals its i...
03 February 2023
As Colruyt Group invests in AI and autonomous solutions in Belgium, it has also acquired French wholesaler Degrenne Distribution to support growth in the convenience channel. Second OKay Direct store The retailer has opened its second OKay Direct store in Belgium. The autonomous container store is located in the car park of Colruyt’s OKay Lennik store. It enables shoppers to buy products 24...
02 February 2023
At a group level DIA reported an increase in net sales to €7,286m an increase of 9.6% compared to the same period in 2021. DIA revealed the group completed 2022 with a total network of 5,699 stores. DIA’s outstanding sales performance The DIA Group has made significant improvements on previous years, increasing sales across all markets it operates in, which includes Spain, Portugal, Brazil ...
02 February 2023
Suppliers continue to face pressure from governments to reach new environmental standards, to limit global warming to 1.5 degrees and helping retailers to achieve their environmental objectives. Danone announced it plans to reduce methane emissions, as Nestlé and Mars Wrigley Australia introduce paper packaging to increase recyclability. Danone pledges to reduce methane emissions Danone ann...
02 February 2023
Hydrogen Vehicle Systems (HVS), a UK-based hydrogen-powered commercial vehicle innovator, has announced that the consortium it leads, Hub2Hub, has been awarded £6.6 million to develop and deliver an autonomous zero-emission HGV for the UK market. The Hub2Hub consortium will create a self-driving heavy goods tractor unit, which will begin trials in 2024 with Asda. The £12 million venture has be...
01 February 2023
Coop Danmark announced it is consolidating stores from three banners under one new brand as part of its new strategy, “The Coop of the Future”. Merging of store banners As part of Coop’s new strategy, it is merging the largest stores from its Kvickly, SuperBrugsen and Irma banners into one new chain. The stores will trade under the ‘Coop’ banner and, according to the retailer, it will becom...
31 January 2023
Tesco has revealed some proposed changes to its business to “ ensure we remain focused and competitive in a fast-changing market. We continually review the way we operate to make sure we are meeting customers’ needs and supporting colleagues in a sustainable way. This means doing more of what works and stopping or simplifying where we need to, so that we’re running our business as efficiently as ...
30 January 2023
Lunar New Year this year is marked by two animals, the rabbit in China and the cat in Vietnam. We round up different ways retailers are creating excitement around the event this year, making shopping more fun and easier through the season. China: Maybelline creates an interactive exhibition with Namito Namito is an urban art icon with bunny ears shown on a limited range of Maybelline produc...
27 January 2023
European value retailer Action’s strong performance in 2022 underlines how variety discount's growth shows no signs of slowing down. The retailer’s double-digit like-for-like sales are a good reminder that this often-forgotten section of the discount channel warrants more attention. Key figures from Action’s fantastic 2022 Sales in 2022 were +30%, to €8.9 bn   Like-for-like sales +18%...
27 January 2023
Carrefour is trialling autonomous delivery robots in Belgium as it plans to expand through franchising. Meanwhile, Delhaize is partnering with startup Kazidomi to offer a range of sustainable and healthy products. Carrefour Belgium experiments with autonomous delivery robots… Carrefour Belgium reveals its testing a self-driving robot to deliver small online orders until the end of Spring. T...