Retailers/Mercator/News

Mercator news

09 March 2021
Slovenia’s leading retailer, Mercator, has launched an online content platform, which carries videos it has produced. M Soseska (M Neighbourhood) was launched in February 2021 and offers a selection of live and pre-recorded content on cooking, lifestyle, and home entertainment. This is offered as entertainment that engages customers with Mercator’s in-store and online offer. Airing relevant an...
05 November 2018
Following the article where we looked at the first two trends shaping Central and Eastern Europe’s grocery retail market, we are going to review the next two trends - Build trust with organic and local ranges and Healthy living, healthy eating focus. Build trust with organic and local ranges Retailers look to build shopper trust in private label by investing their ranges. They are ad...
13 September 2018
Mercator reported an increase in retail sales of 6.6% to €787m for the first half of 2018. A good performance in Bosnia-Herzegovina (BiH) and a return to growth in Serbia positively contributed to its financial performance. However, the retailer reported a slowing in the pace of growth in Slovenia. Slovenia: sales growth halved… Mercator Slovenia’s growth halved to 0.8% in H1 2018, ...
08 May 2018
Mercator published a 2.5% increase in retail sales in 2017 to reach €1.6 bn. Slovenia, its home market, drove much of the revenue growth, while its performance was also boosted by a 6.1% growth in store numbers across all markets. At the end of its financial year it operated 1,055 non-franchise units. Mercator Group revenue declined by 2.2% to reach €2.2 bn with a net loss of €184m, double the si...
10 January 2018
Mercator revealed its business plan for 2018, targeting revenue of €2.4bn, but reduced investment year-on-year by almost 45% to €37.7 mn. Mercator will continue to focus on its core business as it divests in real estate and reboot the retained Bosnia-Herzegovina (BiH) operation. Mercator will focus on profitability in 2018 Mercator forecasts a slight growth in 2018 sales to reach €2.4 bn ...
17 November 2017
We look at Mercator’s and Konzum’s latest financial results considering Mercator ’s refurbishment programme in 2017 and Konzum’s focus in 2018. Mercator sustains return to profitability The Slovenian retailer, and Agrokor subsidiary, reported a 2.7% decline to €1.7 bn in sales revenue for the first nine months of 2017. Mercator has prioritised a cost optimisation strategy for 2017 that ha...
13 October 2017
We bring you the latest news from the Serbian grocery retail market. Mercator’s Idea opens three organic-only stores Mercator has announced the launch of three ‘Idea Organic’ stores in Belgrade. The stores offer shoppers organic ranges, as well as free from, vegetarian, and vegan ranges in fresh and packaged food categories. In a statement, Idea that “healthier food is no longer a luxur...
07 September 2017
We look at the force behind latest results from Mercator’s first half of 2017 and the initiatives that will support performance for the remainder of the year. Mercator disposal prompts revenue decline in H1 2017 In the first half of 2017, Mercator’s year-on-year revenue declined by 7.9%, to reach EUR 1.1bn. This follows the late 2016 disposal of apparel banners, Modiana and Intersport, an...
20 July 2017
We report on Konzum’s results for the first five months of 2017. We also highlight how Agrokor’s retail business will be split between Konzum and Mercator in Bosnia-Herzegovina (BiH), outlining what this means for the wider market. Konzum double-digit decline in first five months of 2017 Agrokor has released its Konzum results from the first five months and reported HRK 3.4bn (EUR 463mn)...
06 July 2017
Agrokor’s government assigned trustee, Ante Ramljak, announced an inevitable break-up of the Croatian conglomerate to pay back its debts. IGD looks at the impact of Agrokor’s restructuring on its retail operations, Konzum and Mercator, and their prospect for the remainder of 2017 and 2018. Konzum sales decline and closures in 2017 The only indication of the retailer’s latest performance i...