Europe news & analysis

10 June 2013
The purchase of 12 City stores from Turkish based ENKA Group by Rewe Group has been approved by the Russian competition authority. Billa expansion The 12 new stores, which are located in the Moscow area, will be rebranded into the Billa supermarket fascia and will be integrated into its existing distribution network. Following growth of 32% in 2012, Russia is regarded as one of the most...
10 June 2013
Tesco and Coca-Cola Enterprises have teamed up to launch a new recycling campaign that will use the retailer's loyalty scheme to provide incentives for customers to get involved. Monetary incentives in return for recycling pledges The new 14 week long campaign called, 'Together We're Making Recycling Count' is reported to launch on Wednesday 12 June. The activity will ask Clubcard customers t...
08 June 2013
The final day of IGD’s trip to Bentonville included the Annual General Meeting, the focal point of its shareholders week, with a high energy early morning meeting of 14,000 Walmart associates and shareholders. Senior execs then also gave a Q&A with analysts. Shareholders' Meeting As always, the event included some big name acts including host Hugh Jackman and performances from John Legend, K...
07 June 2013
Day two of IGD’s trip to Bentonville included a visit to a Walmart Distribution Centre, a Supercenter and meetings and Q&A with key Execs. Key highlights are as follows: Key Insights from Day Two 1. Distribution Centre Tour DC #6094 is a Regional DC serving 130 Walmart Supercenters, discount stores, Neighborhood Markets and Walmart Express stores in parts of Arkansas, Missouri, Oklahoma a...
07 June 2013
Iceland has revealed that annual sales rose by 1% (1.1% LFL) to £2.64bn for the year ended 29 March 2013, with a recovery in trading in the second half compensating for a fall in LFL in H1. Highlights of the year included the opening of 36 new stores and the purchase of ready meal supplier Loxton Food Company which has enabled Iceland to up its rate of innovation. A year of two halves Last year...
06 June 2013
Booths has appointed Paul Minett as its new retail director. Extensive industry experience Following David Benson’s retirement in March, Booths has announced Paul Minett as its new retail director. He joins from Panda United, based in Saudi Arabia, where he was director of hypermarkets. Prior to this, he was Head of Retail at Best Buy UK and previously worked at Asda and Sainsbury’s. ...
06 June 2013
As Sainsbury's releases its annual report, we've reviewed the full report to share our key highlights about the retailer's development over the past year and its outlook ahead. Continuing focus on "Great Food" Fresh food excellence is at the heart of the Sainsbury's proposition, underpinned by Sainsbury's strong reputation for ethics and support for British agriculture. Hav...
06 June 2013
IGD is in Bentonville this week to cover the annual Walmart Associates and Shareholder event. It’s a key week in the Walmart calendar, bringing together media, analysts, shareholders and associates for an update and celebration of everything Walmart. Today we attended a session at Sam’s Club as well as several presentations with key Walmart Execs. Key Insights from Day One 1. Sam’s Club: Se...
05 June 2013
Tesco has revealed that group sales rose by 2.7% exc. petrol (0.7% at constant exchange rates) for the 13 weeks to 25 May 2013. Driving UK LFL remains a challenge In what Tesco describes as a 'subdued' market, sales in the UK grew 1 .0% (inc. VAT, exc. petrol), with like-for-like (LFL) sales reducing 1.0% (exc. VAT, exc. petrol). Compared to Q1 last year this marks a slowdown in sales gro...
05 June 2013
Customers at more than 100 Edeka stores in Berlin can  now pay by smartphone, and the payment and mobile couponing functions are also starting to roll out in Hamburg. Payment service adds to the app's existing functions In addition to mobile payments, Edeka customers can instantly redeem mobile coupons and vouchers, which change on a weekly basis. For security, customers can spend a m...