Central & Eastern Europe news & analysis

28 October 2020
Carrefour reported total sales rose 5.5%, at constant exchange rates, to €19.7 bn, with like-for-likes rising 8.4% in its third quarter. The retailer said its growth was its ‘ best performance in at least 20 years ’. The positive results were broad based, with most markets and channels seeing growth, and came despite ‘ an unfavourable petrol effect ’ and ‘ an unfavorable exchange rate effect ’...
27 October 2020
Pyaterochka launched its first staffless #naletu (On the Fly) store in Moscow in October 2020. Also, following the pilot concept’s trial, the retailer plans to launch several similar projects in other districts in the capital. Smallest store in the X5 network The store stocks 900 SKUs in 80 sq. m. of selling space and has a fully automated checkout system. To use the store shoppers must dow...
15 October 2020
Metro generated like-for-like sales showing a slight contraction, of just 0.5%, in its fourth quarter. The company said a recovery in HoReCa sales and a ‘ positive sales development ’ in Germany, Russia and Eastern Europe had underpinned its improving performance. Strong recovery in key markets Metro said like-for-like sales had turned positive in Germany, Russia, and Eastern Europe, which ...
14 October 2020
As Carrefour acquires an organic specialist in France and expands its online delivery options in Poland, we round up new initiatives from the retailer in Europe. Carrefour acquires organic specialist in France… Carrefour has acquired the Bioazur chain of five stores through its So.bio subsidiary. Bioazur operates stores in the southwest of France and helps build its presence in the organic ...
13 October 2020
As Auchan looks to roll out more Pedestrian Drives in France and its operation in Poland grows its revenues, we round up news from the retailer. Auchan plans large-scale roll out of Pedestrian Drives As it looks to first catch up and then overtake its competitors, as part of its digitalisation drive in its 2022 transformation plan, Auchan has committed to opening 300 pedestrian Drives in 20...
07 October 2020
In recent years Aldi Nord’s group sales have grown at around 2%, one of the slowest rates in the discount channel globally. The AniKo concept, launched in 2016, was expected to drive a recovery in growth and has required billions to be invested to upgrade the store network. However, the slow pace to add new and more varied products to the assortment, the growing competition and pricing pressures ...
21 September 2020
Novus has announced plans to acquire Billa’s store network in Ukraine (in September 2020). Rewe’s decision to exit the Ukraine does not come as a surprise, with Billa reporting below market growth between 2016 and 2019, at less than 4% annually. In the past, Rewe has withdrawn its Billa brand from markets where it underperformed, such as Croatia and Italy, to improve its profitability and to focu...
15 September 2020
As Carrefour continues to drive change across its operations in Europe, we round up developments from France, Belgium, Italy, Poland, and Spain. Carrefour France enjoyed a good summer In an interview with local trade publication LSA, the managing director of Carrefour France, Rami Baitiéh, discussed the retailer’s performance over summer 2020, given the challenging operating environment. Ba...
11 September 2020
We visited one of the first two Action stores in the Czech Republic that opened on 1 September. It marked the eighth market entry for the variety discounter. Standard model and modern design The standard model has been rolled out in the country: 6,000 products offered at low prices including 1,500 at a price point below CZK25 (€1). But Action continues to improve the overall design of its s...
09 September 2020
Tesco has been reporting slow revenue growth, with little to no profitability across its business in central Europe since at least 2017. The retailer has already disposed of much of its business in Asia, putting up for sale its Southeast Asian business , and withdrawing from its joint venture in China . Potentially, the retailer is looking to sell more low performing parts of the orga...