Europe news & analysis

16 September 2020
Vancouver-based Food X Technologies has signed a strategic partnership with Carrefour Group to accelerate the retailer’s ecommerce capabilities. Integration of Food X technologies by mid-2021 The partnership with Food X Technologies has been formed to support Carrefour in increasing the productivity and profitability of its ecommerce operating systems while enhancing its digital customer e...
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...
14 September 2020
We looked at Lidl’s latest developments for its private label food products, as well as the potential opportunities for brands at the discounter. Italiamo private label brand is getting stronger Lidl’s Italian delicatessen private label Italiamo is emerging as one of the discounter’s strongest and most well-known brands. When launched, the number of Italiamo products was limited, and they w...
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...
25 August 2020
Jordao launched an artificial intelligence (AI) micro store in partnership with Reckon.AI. Meanwhile, Go Natural plans to expand its online presence and product distribution. Separately, Auchan Portugal has been investing in technology to improve shopper satisfaction by introducing blockchain technology and autonomous robots. Jordao opens AI powered micro store Jordao has launched a micro s...
21 August 2020
SPAR Hungary announced its sustainable packaging trial was successful and has extended the initiative to its entire network. Meanwhile, SPAR Gran Canaria continues to support its local communities, charities, and hospitals and SPAR Slovenia helps shoppers reduce food waste at home. SPAR Hungary extends sustainable packaging initiative SPAR Hungary has launched its sustainable packaging afte...
20 August 2020
10 things we learned from ICA’s Q2 results ICA has reported its Q2 results, with net sales increasing by 4.6% to SEK 31,924m (€3.1bn). We round up the highlights including growth in hypermarkets, larger supermarkets and online, as well as consider the impact of Coronavirus (COVID-19) on KPIs and trends. We also review performance in the Baltics and in the pharmacy business, in addition to a...
18 August 2020
El Corte Inglés reveals an increase in turnover and profits during 2019. Meanwhile, Cepsa and Glovo have expanded their partnership and extended it to Portugal. Separately, Alibaba’s Alba Ruiz highlights the development of the new retail effects since the impact of COVID-19.  El Corte Inglés positive 2019 FY results El Corte Inglés recorded a profit of €310m in its 2019 financial year, an i...