Europe news & analysis

01 March 2021
France-based Casino saw consolidated net sales rise 8% at constant exchange rates, to €31.9 bn, in its 2020 financial year. However, they fell by 7.9% after considering exchange rate effects and hyperinflation and the falling price of fuel. The retailer’s full year results rose by 9% and by 8% in organic and same-store terms respectively. France: +3.0% in same-store sales Casino reported to...
01 March 2021
Condis plans to open its warehouse to improve its online store, Condisline, while Aldi has announced expansion plans for 2021, expecting to double the number of stores it added in 2020. Meanwhile, Mercadona continues to embed its sustainability strategy and Uvesco has revealed its 2020 full year results and set out its 2021 strategy. Condis boost its online platform Condis has opened a 5,00...
26 February 2021
Earlier this year, we outlined five global trends that will shape the convenience channel this year and beyond. Below are some case studies to show how convenience retail and technology are connecting further. Edeka opens automated store in Germany Edeka has opened a 24/7 automated convenience store at Renningens train station. ‘E 24/7 Karow & Sommer’ stocks 300 SKUs items and will gra...
25 February 2021
In an interview with Frankfurter Allgemeine Zeitung, Rewe’s chief executive, Lionel Souque, said the company’s turnover reached the €75 bn mark for the first time. Rewe’s turnover in 2019 was €62.7 bn. Souque said much of the increase in its turnover was due to the takeover of Lekkerland. Lekkerland boosts turnover in 2020… According to Souque, the acquisition of Lekkerland in 2019 boosted ...
21 February 2021
From our global view of grocery retail we can clearly see the impact that the COVID-19 pandemic has had on the development of food-to-go in small stores. Once a hero category, reduced mobility and stay at home guidance have had a dramatic impact on category sales. In the UK we estimate this loss to be worth c£0.8bn in 2020 vs 2019 (–29%) . However, after an uncertain few months in Q2 2020 w...
21 February 2021
We look at how suppliers are evolving their approach and increasing their investments in a different set of capabilities as they look to build on the momentum of 2020. Competing against tough comparables from 2020 Over 20 global CPG companies participated in the annual CAGNY (Consumer Analyst Group of New York) event this year, sharing updates to their commercial frameworks, investmen...
19 February 2021
Picnic, a Dutch pure play online retailer is set to launch in France, according to reports by Lebensmittel Zeitung.  Launching in Lille According to the reports, Picnic will enter France through the launch of its services in Lille. It has already created a French subsidiary, under the name Picnic SAS. The reports also mention Picnic is currently recruiting French-speaking employees for its ...
19 February 2021
Amazon has launched its Fresh grocery delivery service in Spain, offering same-day delivery to Prime members. Available in Madrid Amazon has initially launched the service in Madrid with plans to roll it out to Barcelona in the coming months, and eventually other cities in Spain. Amazon Fresh is already available for customers in the US, Japan, the UK, Germany, India, and the most recent la...
18 February 2021
Announcing its full year results, Carrefour has reported like-for-like sales growth of 7.8%, as sales, including VAT, reached €78.6 bn. The retailer also saw an improvement in its recurring operating margin, which increased to 3.1%, from 2.9%, with its recurring operating income rising by 16.4% to €2.1 bn. France: Carrefour enjoys strongest growth in almost 20 years In its home market Carre...
18 February 2021
Netherlands-based Ahold Delhaize reported net sales growth of 18.0%, to €19.6 bn (US$23.8 bn) in its fourth quarter. Group comparable sales rose 11.0%, excluding gasoline. Underlining the positive result of recent investment in its online operations, Ahold Delhaize reported net consumer online sales grew by 84.2% in the fourth quarter, aided by growth of 128.5% in the US alone. US: comparable ...