Europe news & analysis

16 February 2022
Ahold Delhaize saw its net sales rise 3.3% in 2020 in its 2021 financial year, driven by its operations in the US, where they increased by 3.6%, at constant exchange rates, versus 2.8% in Europe. The retailer benefited from a 53rd week in 2020, which if excluded, meant sales were up by 5.0% on a comparable 52-week basis. Net online consumer sales jumped by 38.2% to €10.4 bn during 2021, with t...
16 February 2022
Market leader Conad continues its commitment to its ‘Bassi & Fissi’ campaign, which provide low fixed prices to help support families through a period when inflation is affecting consumption. Separately, Conad has acquired 17 supermarkets from L’Alco for €23.7m, while Bennet continues to develop its online presence. Conad commits to its ‘Bassi & Fissi’ campaign Conad is extending its ‘Bassi &...
15 February 2022
As Carrefour Group engages with suppliers globally on carbon emissions reduction, its operations in France and Belgium roll out quick commerce solutions and it trials a vegan butcher in France, we round up news from the retailer. Carrefour and Everli launch service in 10 cities in France… Carrefour and Everli have officially launched their partnership in 10 cities in France: Lille, Lyon, Ni...
14 February 2022
As Auchan France and Spain expand their private label ranges and Auchan Portugal launches Live in-store events, we round up news from the retailer. Auchan expands private label to support producers in France Local trade publication LSA has reported Auchan, on the eve of the International Agricultural Show, it will add further products to its new private label brand, Auchan Solidaires. The r...
11 February 2022
Metro Group’s sales rose 19.4% in local currency terms and by 20.0% in total, reaching €7.6 bn. The company reported its revenue in the Q1 2021/22 period exceeded its pre-pandemic levels ‘ despite ongoing restrictions ’. Metro, though, noted the challenges it faced during Q1 2020/21, when total sales contracted by 16% due to Covid restrictions in many of its key markets. Growth was driven by a...
10 February 2022
The Competition and Markets Authority (CMA) has ruled that Amazon must now comply with the Groceries Supply Code of Practice. The code applies to retailers with an annual turnover of more than £1bn in grocery sales. Increasing grocery focus The announcement follows Amazon’s increased focus on grocery over the last few years. In 2020, the UK was Amazon’s fastest growing market at +51% YoY, a...
10 February 2022
Market leader Mercadona continues to invest in supporting local communities, increasing its food donations by 21% in 2021, compared to 2020. Separately, Caprabo has reported how it has exceeded its expansion expectations as well as delivering a new sustainability project. Mercadona donated 20,600 tons of food in 2021 Mercadona has committed to its social sustainability initiatives by donati...
08 February 2022
At a group level DIA reported a fall in sales of 3.4%, to €6,648m in 2021, compared to 2020. However, versus 2019, the retailer said it had seen an increase of 5% in like-for-like sales terms. DIA’s sales performance in Spain DIA’s operations in Spain generated a turnover of €4.2 bn, a decrease of 6.6% compared to 2020. DIA said the reason for the decline was the extraordinary supply purcha...
08 February 2022
As Colruyt Group looks to evolve its strategy and build on its strengths, we round up three developments from the retailer. Colruyt Group acquires stake in meal box company Colruyt Group bought a 41.36% stake in Smarmat from Smarmat’s founders and the Colruyt family’s investment vehicle, Korys, which first invested in the meal box company in 2016. The Group’s investment is between €26m and ...
04 February 2022
Despite being the fourth largest convenience retailer in the world, Magnit is not very well-known to businesses outside of Russia. We believe that much can be learned from the retailer as it continues to rapidly expand its store network, embed technology and develop quick commerce capabilities. Magnit posts strong top-line annual results Total net sales up 19.7% YoY to RUB1,856.1bn (US$2...