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Central and Eastern Europe outlook 2021

What's set to shape the retail market in Central and Eastern Europe over the next 12 months?

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Croatia’s Konzum, which is part of the Fortenova Group, has enabled shoppers to pay with nine different cryptocurrencies through its online stores.

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As Netherlands-based Picnic enjoyed a doubling in turnover in 2019 and Farmy tripled its sales in 2020, we look at four developments in the online channel across Europe. Farmy tripled its turnover in 2020 Farmy, an online grocery specialist that only sells regional and organic products from more than 1,200 authentic producers in Switzerland, has reported growth of 170%, to CHF26m (US$29.2m)...
Agrokor’s retail business, Konzum, reported revenues of HRK4,739m (€639m) for the first half of 2018. This included the company's Croatia and Bosnia-Herzegovina (BiH) operations. The retailer is on course to recover in 2018. We forecast Konzum sales will grow by 1% to HRK9,300m (€1,253m) for the year. This is an improvement on its performance in 2017. Source: www.agrokor.hr Kon...
Agrokor Group reports a 12% decline in sales in 2017 for the retail and wholesale business segment – that primarily consists of the Konzum banner - to reach HRK 31.2mn (€ 4.2mn). Although profitability reported an improvement of 19% following some cost optimisation changes, and closure of unprofitable stores in the same year. Ceased supplier trading in first half of 2017 started decline in sa...
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