Europe news & analysis

01 April 2021
Magnit is in the middle of a business transformation programme. It is implementing six strategies to turn around its business and as it looks to support its dynamic growth strategy, and compete with other leading retailers in Russia. Since 2018 the retailer has reported an improving sales performance with a sales CAGR of 11.4% between 2018 and 2020, when compared to a 6.7% rate for the p...
30 March 2021
Amazon is rolling out its Prime Now grocery delivery service to new locations through partnerships with Tegut in Germany and DIA in Spain. Expanding service to Frankfurt Amazon is expanding Prime Now to Frankfurt and the surrounding areas in partnership with Migros-owned Tegut. The offer includes more than 8,000 products from Tegut’s range including fresh, chilled and frozen items, organ...
29 March 2021
Tesco has launched what it claims is the UK’s biggest recycling network for soft plastics. Many local councils do not collect soft plastics, meaning most ends up in landfills. Tesco has opened soft plastic recycling points at 171 stores across South West of England and Wales. Recycling soft plastics Tesco launched the collection points after a successful trial at 10 stores. Shoppers were po...
26 March 2021
Trade publication Lebensmittel Zeitung has reported that Edeka is to leave the AgeCore buying alliance. The step follows its establishment of the Everest alliance with Netherlands-based, pureplay retailer Picnic. Short term uncertainty likely to be resolved in 2021 Although Edeka’s departure has not been completed, as talks are on-going about the sale of its shares, if it is confirmed i...
26 March 2021
As the Colruyt Group launches Deals! and rolls out several sustainability-focused solutions we round up news from the retailer. Colruyt Group launches new online promotions platform The Colruyt Group has launched Deals!, a dedicated site that will focus on providing ‘ strong volume promotions on a changing selection of A-brand products ’. The company said the site and promotions will be in ...
25 March 2021
Despite the COVID-19 pandemic, we have seen a high level of format innovation in the UK this quarter. In this article we highlight five key stores that have opened and the trends driving store innovation. 1. Sainsbury’s new flagship store In February, Sainsbury’s relaunched its Hempstead Valley supermarket after eight months of redevelopment work to create a next generation state-of-the-art...
25 March 2021
As part of its Capital Markets Day event in March 2021, Lenta announced it is to expand its small format network and online presence as it aims to double its revenue, to more than RUB1 tr (US$13.2 bn) by 2025. The aim is to capture a higher share of consumer spend through new channels that target a wider range of shopper missions, while still enabling it to focus on its core hypermarket business....
25 March 2021
Although performance at urban convenience stores has been challenged amidst COVID-19 in many Western European markets; Reitan Convenience has invested in four new concept stores as it seeks to be fit for the future in partnership with design agency Reactor AB. These new store concepts elevate the customer experience across its formats to a whole new level, while PBX could set the benchmark...
24 March 2021
As Carrefour expands coverage for its online store and digitalises its catalogue for YouTube in France and rewards shoppers’ good deeds in Romania, we round up news from the retailer. Carrefour adding online collection capacity Carrefour has committed to offering a Drive, Pedestrian Drive, or delivery service, both next day and withing the hour options, from 2,000 of its nearly 5,000 stores...
23 March 2021
We look at three key takeaways from The Food Institute’s ESG (environmental, social and governance) best practice webinar, which was held in February 2021. We also consider how retailers and suppliers could apply these learning to their organisations. The webinar hosted presentations from William Hughes, Mazars’ sustainability services lead, Talita Ramos Erickson, Barilla Group’s general couns...