Europe news & analysis

06 May 2020
Announcing its first quarter results, Coca-Cola European Partners discussed the challenges its country operations were facing given the shifts in demand. 1. Challenging to predict demand The company noted while the switch to more at home occasions had supported sales, the trading had been ‘ volatile ’. CCEP noted that while volumes had benefited from household stocking initially, this had f...
06 May 2020
Ocado has announced its trading update for Q2 and business response to coronavirus (COVID-19). In Q2, retail revenue was up 40.4% year-on-year (YoY), compared to 10.3% YoY growth in Q1. Impacts of COVID-19 Following significantly increased demand at the start of the outbreak, Ocado announced the number of items per basket appears to have passed its peak, whilst remaining high. The share of ...
06 May 2020
In this regularly updated article, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in Ireland: Aldi Aldi Ireland will be returning to normal opening hours from Thursday 7th May. Stores will once again be open 9am to 10pm on Monday to Friday and 9am to 9pm on Saturday and Sunday Rolling out new social distancing measures, including posters in-store and clear ma...
06 May 2020
French retailer Intermarché it set to open five production lines dedicated to face masks at one of its private label manufactures. Face masks to be part of the ‘new normal’ The French government made a series of announcement at the end of April and in early May regarding the end of the lockdown and the use of face masks by the general public: Face masks will be mandatory for users of ...
05 May 2020
Spain-based DIA has introduced an initiative to support food and safety in 2020. Separately, the group offers other initiatives to help different segments of the community facing up to the effects of the coronavirus pandemic. Social support initiatives DIA has launched a social support programme called DIA Contribuye 2020. The retailer has invested €1m to support vulnerable groups during th...
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 ...
04 May 2020
From Helsinki to Dublin and North Carolina, we look at Lidl’s latest developments as it continues to invest in ecommerce and open more stores, including one in central London. Finland: new urban store in the capital and a sneakers craze…             On 29 April, Lidl Finland opened its 24 th store in the Finnish capital, taking its total to 187. The store is strategically located on the st...
03 May 2020
In this regularly updated article, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Market update: Grocery sales growth slows to 5.5% in April:  New data from Kantar  reveals a slowdown in grocery market growth from 20.6% in March to 5.5% over the four weeks to April 19th as consumers settle into life under lockdown. Multiples update: Sain...
01 May 2020
As Russian discounter, Mere, plans to enter several European markets, we look at whether the hard discount model could make a comeback in a post-coronavirus world. Russian hard discounter, Mere, sets to expand in Europe Mere announced the opening of its third store in Germany, in the city of Halle. The discounter, part of Siberian group Torgservis, entered Germany in 2019 with the promise...
01 May 2020
As it reported like-for-like sales growth of 13.3% in its first quarter, Reckitt Benckiser underlined the challenges the business faces in terms of demand planning and understanding whether the buying habits it has seen will continue in the short term. Unclear whether buying will be maintained in rest of 2020 Although the company was able to report strong sales growth across most geographie...