Central & Eastern Europe news & analysis

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...
02 September 2020
On 27 August, variety discounter Action opened its first two stores in Czech Republic. It now operates in eight countries in Europe, with new market entries potentially following in 2021.  On 1 September it also opened its second import hub, at Wroclaw in Poland, strengthening its supply chain operations in central Europe. Eighth market entry The COVID-19 pandemic has only slowed the expans...
30 July 2020
Schwarz Group reported a net sales increase of 8.6% to €113.3 bn for its financial year 2019/20. Lidl posted one of its strongest growths in the recent years with net sales up by 9.5% while Kaufland sales grew by 4.5%. The group maintained its expansion pace with 400 store openings, similar to 2018/19, reaching 12,500 stores in 33 countries. Lidl: sales growth accelerates The discounter ...
30 July 2020
Carrefour reported Q2 results as like-for-like (LFL) sales increased by 6.3%. The strong results were driven by the good performance and omnichannel strategy in most markets including Spain, Belgium and Brazil. Q2: atypical activity due to COVID-19, convenience +19.0% LFL The multi format and omnichannel model confirmed its resilience and adaptation to the various shopper needs during the d...
29 July 2020
Another market entry for the hard discounter Mere, part of Svetofor owned by Russian retail group Torgservis. The new store opened in the city of Czestochowa in Poland on July 25. Fourth European market entry Svetofor currently operates more than 1,500 stores across Russia, Kazakhstan, Belarus and China. In Europe it opened its first stores under the banner Mere in Romania in 2018, then ent...
20 July 2020
As Auchan partners with Glovo for four European markets and extends the reach of its click and collect services in Poland, we round up news from the retailer. Auchan signs partnership with Glovo Auchan, after a trial with the delivery company in Portugal and Ukraine, has said it is set to formalise its partnership with Glovo in the two countries and extend it to Poland, and Spain. The trial...
19 June 2020
The discounter, owned by Russian retail group Torgservis, has opened its first store in Lithuania on 15 June 2020. Limited assortment and very low prices The first store opened in Kaunas, the country’s second largest city. For now, the discounter only offers a very limited range of products with prices 20% cheaper than the market on average. Mere stores have a very simple and efficient conc...
18 June 2020
Tesco announced the sale of 301 of its stores in Poland to Salling Group’s discount banner Netto. This includes the sales of two distribution centres, and it headquarters in Krakow, all valued at PLN900m (€181m). The transaction needs to be approved by the Polish Office of Competition and Consumer Protection, which will be finalised by Q4 2020. Tesco Poland sale is not unexpected news Tesco...
28 May 2020
We look at the discounter’s latest private labels developments in Europe, from premium pet food to the growth of regional labels. New range of premium and quality pet food products During summer 2020, Lidl Finland will expand its assortment of Orlando and Coshida pet food products. It will add a new line of premium products to align with shoppers’ growing expectations of choice and quality....