Europe news & analysis

15 November 2022
I recently visited the Netherlands to see how retail is evolving and understand the latest trends within the market. Here I pull out what I learnt and why I believe the Dutch market stands out… My key learnings from our visits in the Netherlands: Digital is evolving in-store. Retailers are using screens to promote their own ranges as well as selling this advertising space to suppliers ...
14 November 2022
Asda has updated investors on its Q3 trading performance, noting its investments to drive value during the quarter resulted in a 4.7% increase in like-for-like sales, when compared to the same period last year. Total revenues, excluding fuel, amounted to £5.2 bn. Asda's cost-of-living-focused initiatives Asda’s endeavours to address the cost-of-living crisis included rolling out 141 new eco...
14 November 2022
Portugal-based Sonae MC announced its total turnover for Q3 2022 reached €1,599m, an increase of 16% compared to the same period in 2021. The group’s like-for-like (LFL) sales grew by 13.3%. Sales performance Sonae MC revealed its strong investment to its prices underpinned its strong growth for Q3 2022, as well as adjusting to shopper demands to provide a range of affordable and high-quali...
11 November 2022
Coop Sweden plans to expand its existing terminal for frozen goods in Enköping, to ensure that the capacity for frozen goods is in line with estimated customer growth. Source: Coop Sweden Coop’s central warehouse for frozen goods has been in Enkoping since 2011 and currently employs around 120 people. Örjan Grandin, CEO of Coop Logistik and deputy CEO of Cop Sweden, said “Coop's goods...
09 November 2022
The Carrefour group shared its new strategic plan to 2026, which reflected on its achievements and showcases its new evolving strategic plan. The group plans to build a stronger and more competitive model which creates more value. Carrefour has set several objectives to gain market share, reduce food waste, increase its commitment to climate change and enhance its private label range. Taking a...
09 November 2022
Ahold Delhaize reported Q3 results, saying net sales rose 9.1% at constant exchange rates, to €22.4bn, while like-for-like sales increased by 7.9%. Ahold Delhaize US: comparable sales +8.2% In the US, Ahold Delhaize saw net sales rise to €14.7bn in Q3, an increase of 8.8% at constant exchange rates. Comparable sales (excluding gasoline) rose by 8.2%. It said its Food Lion banner continue...
04 November 2022
Finland's Kesko has reported an increase in demand for its private label products, as shoppers seek cost savings and high-quality alternatives. Source: Kesko Price conscious shoppers boost private label demand In its most recent K-Barometer survey, 62% of Kesko’s shoppers said they would buy more of the store’s own brand products. This has also been reflected in the sales data, with sal...
03 November 2022
Rewe continues to work towards its sustainability goals. We look at recent initiatives in Germany to achieve its targets. Direct flyer distribution via WhatsApp To achieve its target of removing the use of paper-based flyers in 2023, Rewe has introduced digital flyers sent via WhatsApp. Shoppers sign up to their local store and every Sunday the brochure will arrive, displaying latest offers...
02 November 2022
Jerónimo Martins has announced its Q3 2022 results, revealing a strong sales performance across all countries where it operates, Colombia, Poland, and Portugal. The groups consolidated sales for nine months (9M) increased by 21% to €18,392m compared to the same period in 2021. Overall sales performance Jerónimo Martins’ Q3 consolidated sales increased by 22.7% to €6.5 bn compared to Q3 2021...
31 October 2022
Morrisons has introduced a new mechanic, similar to Tesco, in which selected discounts are only available to loyalty cardholders. The new push has seen POS introduced across the store, stating that certain discounts – My Morrisons Exclusives – are only available to loyalty card members, exhorting shoppers to ‘Scan and Save.’ The offers are so far extremely limited, just one on Ben & Jerry...