Europe news & analysis

As Cora sees a decline in revenues in 2020 at its hypermarkets in France, we round up this news and steps it is taking in France, Belgium and Romania to drive footfall in its stores and sales across all channels. Cora France sees revenues decline further in 2020 Trade publication LSA has published Cora France’s results for 2020, showing the retailer suffered a 5.7% fall in revenue to €3.854 b...

The world in 2030 will look very different to today. The way people shop for their food and consumer goods is changing rapidly. Traditional store operating models are coming under significant strain. COVID-19 has both highlighted challenges and accelerated trends within our industry. We believe retailers and suppliers need to work harder to evolve store formats so they reflect these changes. I...

Belgium-based Colruyt reported its annual results for its 2020/21 financial year saying its turnover rose 3.7% to €9.93 bn. The results were impacted by its fuel distribution business DATS 24, which saw a fall in revenue, with Colruyt reporting revenue increased by 6.4% in the year excluding the effects of fuel. Colruyt grew below market average in 2020/21 The retailer said its food banners...

Carrefour, as part of its 2022 Transformation Plan, said it would invest €2.8 bn over five years in its digital operations to put technology and data at the heart of its strategy. We look at three initiatives from the retailer, one at the Group level and the others in Brazil and Spain, underlining its commitment to this part of its strategy. Carrefour launches new data and retail media strateg...

As Auchan and Intermarché establish new buying units or teams, we round up news from the retailers. Auchan establishes U2A buying unit Following on from the ending of the Horizon buying alliance , although the retailer said the decisions were separate, local trade publication LSA has revealed that Auchan has established the U2A buying unit. U2A will coordinate the buying from 70 of its l...

As Edeka increases its stake in Picnic, sells off its Bringmeister delivery service and launches a new private label range, we round up news from the retailer. Edeka increases its stake in Picnic… Edeka has increased its stake in Picnic, without releasing details about how much of the latter business it now owns. Before this increase Edeka owned a 10% stake in Picnic and a 35% share of it...

As Auchan Poland launches the Drive format in the country, adds Decathlon’s products in a further country and expands its B2B service in Russia, we round up news from the retailer. Auchan launches Drive format in Poland… Auchan Retail Poland has launched the Auchan Drive service in the country at the Auchan Poznan Komorniki store. Shoppers, from the beginning of June, have been able to orde...

Between its opening of a ‘supermarket of the future’ and its partnership with quick commerce company Flink, Germany-based Rewe is implementing strategies to help it continue to win in the long term. Rewe opens sustainability-focused supermarket… Rewe has opened a sustainable, 1,500 sq. m ‘supermarket of the future’ in Wiesbaden-Erbenheim as part of a pilot project for its new generation of ...

As it looks to expand online and meet a greater range of shopper missions, Carrefour has established new partnerships in France, Italy and Spain to help it win. Carrefour and La Poste collaborate for the Pickup Drive in France… Carrefour and La Poste have announced plans to work together to offer shoppers better and easier access to further services. Carrefour is working with La Poste’s sub...

Continuing the changes seen amongst European buying alliances, Tesco and Carrefour have announced they have decided ‘ not to extend their Purchasing Alliance beyond the three-year operational framework agreed in 2021 ’. Focus to now switch to working on their own opportunities The retailers said ‘ over the last three years, [we] have benefited from a number of joint buying opportunities acr...