Europe news & analysis

31 January 2013
Trade press reports have confirmed that Musgrave Retail Partners GB is launching a loyalty card scheme for its Budgens retailers.  Under the title 'Love Local', the card will enable shoppers to collect points for donations to community projects within their neighbourhoods. Trial launched in three stores The new loyalty scheme is to be trialled initially from 1st February by three Budgens re...
31 January 2013
Gérard Dorey, Carrefour's executive director for convenience, reveals development plans for 2013 in an interview with a French trade publication. Plans 350 new stores this year Speaking to Franchise Magazine, Mr Dorey said Carrefour opened 330 stores under the new City/Contact/Express/Montagne group of fascias in 2012.  It reached 1,000 with the opening of a Carrefour Contact on 4th...
31 January 2013
According to several press reports, Russia’s largest drugstore chain looks to be gearing up to merge with local rival, A5 Pharmacy Chain. Shares rocket Shares in the drugstore chain surged by more than 13% in one day amid rumours that it is about to merge with A5 Pharmacy Chain. If the merger comes to fruition, the deal is likely to be funded by $300m worth of new shares. Become signif...
30 January 2013
Roger Whiteside has been appointed as the new CEO of Greggs. He will take over from Ken McMeikan at the start of February 2013 who leaves for Brakes in March 2013 after leading the business for five years. Roger Whiteside to lead Greggs Having been a non executive director at Greggs since March 2008, Roger Whiteside will leave his position as chief executive of Punch Taverns plc to take ove...
30 January 2013
Ocado has signed an exclusive agreement with Jamie Oliver to become a featured advertiser on the chef's new YouTube Channel. Enter the world of Ocado Ocado will run an unskippable 30 second ad before each piece of content on Jamie Oliver's new FoodTube channel. Oliver launched the FoodTube channel on 21 January, and now has 130,000 subscribers, with over 12.5 million video views.  The adver...
30 January 2013
Slovenia-based Mercator has released its full year 2012 results, saying that performance improved in the second half of its financial year as it looked to ‘ cut costs, improve working capital and reduce debt ’, amongst other items. Sales growth remained muted in 2012 During 2012 Mercator said that sales had remained flat with 2011, generating €2,873.2 million compared with €2,872.0 million ...
30 January 2013
The French retailer is planning on opening ten new stores in Russia in 2013. Successful year in 2012 The expansion of Auchan in Russia in 2012 was well executed, with the retailer opening eight hypermarkets and upgrading ten existing stores. Auchan invested RUB 7.5bn in organic growth during the year. Purchase of “Real” and expansion planned for 2013 Auchan announced the purchase...
30 January 2013
Amazon has announced net sales up 27% for 2012, with high demand for the Kindle Fire HD tablet helping drive growth; despite this operating income for the year was down 22%. Strong Christmas season In North America, full year sales were up 30% and were similarly high in Q4, showing a 23% increase, in US dollar terms.  Internationally, sales were up 20% in the fourth quarter and grew by 23...
29 January 2013
The Belgian discounter has reported sustained sales growth for the nine months to 31st December, 2012. Fuel continues to outgrow food Total group sales grew by 6.1% to €6.26bn in the period 1st April to 31st December, while retail sales grew slightly behind this, up 5.1% to €4.75bn.  Colruyt attributes the growth to strong year-end sales and a series of additional discount campaigns which s...
29 January 2013
The latest retailer share data from Kantar Worldpanel, for the 12 weeks to 20 January 2013, shows the market trend marginally up on the previous period, with grocery retail showing growth of 3.3%.  Meantime inflation has continued to nudge upwards; Kantar indicates this reached 4.9% in this latest period against 4.5% in the December figures. 12 weeks to 22 January 2012 (% share) 1...