Markets/Europe/News

Europe news & analysis

20 September 2023
Boots has dropped its plans to launch its own marketplace as it focuses on other initiatives, such as its dropship programme. Meanwhile, the retailer is rolling out shoppable social media ads as part of a new value campaign. Previous plans to launch a marketplace In 2022, Boots announced plans to launch an online marketplace to enable third-party brands of any size to list their products on...
18 September 2023
With legislation and shoppers driving sustainability programs, retailers and suppliers are innovating to meet targets and aspirations in this area. We are witnessing numerous initiatives such as electric delivery vehicles, minimising food waste and implementing vertical integration within the supply chain. Here are some of the latest developments. Renewable energy for a greener environment in...
15 September 2023
Morrisons has reportedly started discussions to sell its petrol forecourt business to the Motor Fuel Group (MFG). As reported by Sky News, the sale could be completed during the autumn for an enterprise value of £2.5 bn. Morrisons owns around 340 forecourts, whilst MFG owns around 900 sites. The talks between the two companies will likely see all or most Morrisons sites being sold. Morri...
14 September 2023
Based on data from its 30,000-strong shopper panel, the latest release from Kantar indicates in the 12 weeks to 3 rd September 2023, total till roll consumer spend in Great Britain increased by 7.4%, the second lowest level of growth since November 2022. Aldi and Lidl continue to enjoy double-digit year-on-year growth, although this is starting to slow as tough annual comparisons come into pl...
14 September 2023
The John Lewis Partnership released its first half results covering the 26 weeks to 29 th July 2023. They revealed an encouraging start to the year for Waitrose, with sales increasing 4% to £3.7 bn. This helped Waitrose's trading operating profit increase from £431.7m to £504.4m. Waitrose ‘New Lower Prices’ campaign a boost to sales and volumes Waitrose credited its ‘New Lower Prices’ c...
14 September 2023
Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Don’t miss our key insights Hypermarkets and supermarkets channel 2023   – We explore where hypermarket and supermarket growth will come from at both regional and country levels, utilising our extensive global research to present examples from the retailers leading the way N...
11 September 2023
I visited Aldi’s new store in Woking, its 1,000 th in the UK. Store 1,000 and more to come On 7 September 2023, Aldi welcomed its 1,000 th store to the UK, in the Lion Retail Park in Woking. The German discounter entered the market in 1990 and has risen to be the UK’s fourth largest grocery retailer in 2023, according to recent Kantar data . The discounter has also revealed its ambi...
07 September 2023
We review the retailer’s first quarter performance, including four initiatives driving growth and efficiencies. Q1 key numbers Total merchandise and service revenues increased 5.0% to $4,275.8m Road transportation fuel revenues fell 21.5% to $11,235.2m, reflecting lower fuel prices Same-store merchandise revenues increased by 2.1% in the US, 6.4% in Canada, and were up 2.7% in othe...
07 September 2023
Sainsbury’s has announced plans for the creation of  ‘fashion destination hubs’ in its stores. Plans for up to 50 fashion hubs revealed Sainsbury’s said nine initial stores will range a curated offer of complementary brand partnerships alongside its own-label Tu range, with the launch taking place later this month. If successful, Sainsbury’s hopes to create at least 50 fashion destinat...
07 September 2023
Our global analysts share some of the latest headlines across the globe. Here's what you need to know. Don’t miss our key insights Global discount trends 2023 – we look at five trends that will shape the discount channel globally in 2023, utilising our extensive global research to present examples from the retailers leading the way Navigating global private label growth: trends ...