Europe news & analysis

19 July 2022
S group’s first half of 2022 performs +9% on 2021 with a turnover of €6.42bn. This was even better when looking at 2019 with 13% growth. This is growth on an already strong 2021 where the company grew 5.3%. Supermarket sales surpass pre-pandemic levels Supermarket retail took €4.64bn which was +14.1% against 2019 and +1.8% vs 2021. Hannu Krook, CEO of SOK explained ‘Nationally, our retail sal...
19 July 2022
As M&S and The Co-op look to limit food waste and Sainsbury’s adapts one of its products to reduce plastic use, we round up three initiatives from the retailers. M&S removing best before dates from fruit and vegetables range Following a successful trial M&S is to remove best before dates from more than 300 fruit and vegetables SKUs, which the retailer says is 85% of its produce offer. The i...
18 July 2022
Rising COVID-19 cases in many parts of the world, driven by more virulent strains of the Omicron variant, means that retail hasn’t been able to fully move out of the pandemic’s shadow. We look at how this is interplaying with several of the other trends shaping the market and what to expect from retailers over the next six months. Heading to a post-pandemic future This is a headline that ha...
14 July 2022
As the retailer looks to promote its value messages, we round up three developments looking at how Asda is looking to help shoppers as the impact of inflation continues to be felt. Asda to let children eat for £1 at its cafes Asda will allow children to get a hot meal in one of its café for £1 with no minimum adult spend. The retailer said the offer would be available at all its 156 cafes i...
14 July 2022
Pepco reported total Group sales rose 17.1% to €1.21 bn, with like-for-like sales up 4.9% in the three months to 30 June. Expansion continued to drive total sales growth, with the retailer opening 115 new stores during the quarter. Pepco banner outperformed Poundland in Q3… While Group sales rose 17.1%, it was the Pepco banner’s growth of 28.5% that drove overall performance. The retailer h...
14 July 2022
As UK inflation reached its highest level in 40 years, shoppers’ concerns about the economic outlook and how this will impact on them is increasing. Off the back of these growing worries, a question we have been receiving a lot recently is around, how will this impact on their perception and purchasing of private label products? Given this interest I thought it useful to highlight three p...
08 July 2022
Spain-based Alcampo announced its full year 2021 results, during a challenge period, it recorded a decrease of 12.8% to €3,921m, compared to €4,497m in 2020. Alcampo’s investment 2021 The group highlighted during 2021 it increased its investment to €104m, an increase of 164.6%, compared to 2020. Alcampo allocated 16% of this investment to sustainability and 15% to the digitisation project, se...
08 July 2022
This Tuesday (5 July), FEMSA, a Mexican Coca-Cola bottler and convenience store operator, announced its all-cash offer to acquire Swiss convenience and foodservice retailer Valora. The deal is subject to regulatory approval, but if approved, FEMSA has agreed to purchase all the publicly held shares of Valora Holding AG for 260 Swiss francs per share, totaling CHF1.1 bn (€1.1 billion). It expect...
08 July 2022
Following the announcement of an end to its alliance with Carrefour, Louis Delhaize has agreed a buying partnership with Intermarché A partnership to improve buying power Belgian retailing group Louis Delhaize and French retailer Intermarché have announced a five-year buying partnership; In France, the Louis Delhaize group will be supplied national brands by Intermarché In Belgium and L...
07 July 2022
After a tough year Aldi Denmark will continue its turn around in Denmark. The discount retailer shared its gross turnover of DKK 4.7bn with a loss of DKK 394m, still an improvement on 2019. The continued refresh of the brand is still taking place with expansion and modernisation in its 190 stores. Organisation Changes and stock delays drove poor performance in 2021 In 2021 all administrative ...