Central & Eastern Europe news & analysis

22 May 2020
A partnership between technology company, Zippin, Visa, Russian bank, Sberbank, and retailer Azbuka Vkusa has led to the launch of the country’s first checkout free store-in-store. The concept, named Zippin Cube, is similar to the just walk-out concept of Amazon Go in the US, but with a significantly smaller sales area. It was set up in an Azbuka Vkusa store in Moscow. The Zippin Cube ...
15 May 2020
Lidl Poland is planning to launch a new grocery ecommerce service. No launch date has been communicated yet, but it is expected to happen in 2020, with test phase start in the short term. Fully owned click and collect service Some details have been communicated to Polish trade magazine Wiadomosciosci Handlowe by Lidl Poland’s head of corporate communications, Aleksandra Robaszkiewicz, who s...
11 May 2020
Maxima Latvia will invest €50m (US$56m) in three priority areas over the next 12 months following the impact placed on the business by the coronavirus (COVID-19) pandemic. The initiatives include lowering prices, ensuring public health and sustainability and growing its store numbers. CEO: ‘we have revisited Maxima Latvia’s growth strategy’ Commenting on the new measures, Maxima Latvia’s ...
04 May 2020
Estonian supermarket Selver, owned by the Tallinna Kaubamaja Group, will acquire several stores from the ABC Group. Acquisition to grow Selver’s presence Selver will obtain 16 Comarket stores in Harju, Pärnu and Tartu counties. In addition, it will purchase two Delice supermarket food stores in Viimsi and Pärnu and a Solaris food store in central Tallinn. The deal has yet to be approved ...
08 April 2020
Tesco has released robust full year results for the year to 29 February 2020, together with an update on how it is supporting customers and colleagues through the Coronavirus (COVID-19) crisis. Headline results (actual exchange rates, 52 week change) Group sales: -0.7% to £56.5bn UK & Ireland sales: +0.1%, +0.2% LFL Tesco UK: -0.6%, -0.3% LFL Booker sales: +5.0%, +3.3% LFL Ce...
27 March 2020
In reaction to the Coronavirus (COVID-19) pandemic, Polish retailers and the government have started implementing several measures to slow the spread of infection. Retailers supporting health workers… Aldi has set aside staffed and self-service checkouts for health workers and public service employees only in all its stores. This will allow them to pay for their purchases without standing i...
27 March 2020
The EU has instructed member states to take steps to improve the flow of goods across borders during the Coronavirus crisis. Border crossings must now incorporate “Green” lanes, which will allow freight of all kinds to pass with minimal delay or discrimination. Crossing a border should take no more than 15 minutes. States are also urged to suspend other measures which might disrupt the fl...
26 March 2020
In response to the Coronavirus (COVID-19) pandemic, EU antitrust regulators have relaxed the competition law for suppliers to coordinate the distribution of scarce products. The competition law normally forbids retailers from exchanging information on their stocks, prices and sales under rules that target illegal cartels. However, the pandemic may require cooperation from retailers to ensure the ...
16 March 2020
VkusVill appeared on the international retail radar following its announcement in March 2020 that it plans to enter the Netherlands and France. The retailer has managed to grow fast, reaching the highest ranks of the Russian grocery retail market, and now has ambitions to expand internationally. We investigate the strategies that have enabled VkusVill to sustain double or even triple-digit sto...
10 March 2020
France-based Auchan announced its 2019 full year results, saying revenue at its Retail division fell by 1.4%, at current exchange rates, to €45.8 bn. It noted that revenue had increased in nine countries where it operates stores, but declined in France and Russia. The numbers… By division, Auchan said its Retail had seen: Total sales: fell by 1.4%, at current exchange rates, to €45....