Europe news & analysis

25 April 2013
Finnish S Group has released performance figures for January-March, revealing sales of €2.6bn. Level growth S Group revealed that sales were flat year-on-year, level with Q1 2012 results. Growth in grocery sales compensated for weaker revenues in S Group's consumer goods divisions. Sales of consumer goods were down 4.6% whereas grocery sales rose 5% to €1.6bn. However this growth was driven b...
25 April 2013
This week, IGD joined a Walmart International investors meeting in London that provided new insight into Asda's strategic priorities going forward. Here are our five key takeaways. New ways that EDLC will enable Asda to strengthen value With no let up in the budgetary pressures on the shopper in sight, Asda will further strengthen its reputation for value and communicate this message in new...
24 April 2013
Portuguese group Jerónimo Martins has reported consolidated sales up 16% to €2.8bn in the first quarter of 2013, with Polish chain Biedronka increasing sales by 20%.  Strong like-for-likes in Poland, expansion remains priority Biedronka achieved like-for-like growth of 8.8% for Q1, with both basket size and number of visits contributing. The fresh focus rollout was completed in September...
24 April 2013
Musgrave Group has reported sales of €4.9 billion for the year ended 31st December 2012, up 10.5%, with profits before tax up 3% to €72 million.  Group performance was underpinned by 13.5% growth in its core Irish market, with sales up to €3.1bn, boosted by a full year's contribution from Superquinn, as well as record sales in both the Supervalu and Centra retail brands. 'Winning in the New Wor...
23 April 2013
Asda has announced that it is investing £700m of capital into its business, concentrated in major improvements to its online offer, new stores and supply chain. Same day Click & Collect launched Asda has revealed that it is to trial a same day collection service later this year, with customers able to collect their order from stores. In addition, the retailer plans to roll out Click and C...
23 April 2013
Bestway has announced a significant enhancement to its support package for its symbol group Best-one, with the launch of an in-house solution to supply the full range of chilled, fresh and frozen products to meet all the needs of its retailers in these categories. Provides direct control of range pricing and deliveries Previously these categories have been supplied by third parties direc...
23 April 2013
Kantar Worldpanel retailer share data, for the 12 weeks to 14 April 2013, indicates that the UK grocery retail market grew at 3.6%, a slight slowing on the 3.9% seen in the previous period. The Kantar measure of inflation showed the rate of price increases slowed to 3.8% indicating the rate of volume decline has slowed, though still marginally above the level of market growth. ...
23 April 2013
Frozen food specialist Iceland has outlined its store opening plans for the year and confirmed its intention to re-enter the online market "soon". 40 stores to open in 2013 Following strong recent trading, Iceland has confirmed that it sees opportunity to build further scale with 40 stores planned for this year. The retailer has benefited from budget conscious shoppers valuing their focus on ...
22 April 2013
SPAR has become the latest UK symbol group to step up its focus on the forecourt sector, with the launch of a fully branded site format, providing SPAR branding across both fuel and store offers. The biggest symbol in the forecourt sector With almost 700 affiliated stores located on forecourts SPAR has a bigger presence in this sector than any other UK symbol group, though retailers opera...
22 April 2013
DIA has announced the sale of its Turkish business to Yildiz Holding and SOK Marketler Ticaret, for some €136.5m. DIA had been considering future of Turkish business for some time DIA announced, in October 2012, that it was reassessing its options in  Turkey . At its results announcement in February this year, the retailer reported a difficult year due to the tough competitive environment...