Europe news & analysis

26 February 2013
Italian retailer Esselunga has ended 2012 with a turnover of €6.8bn, up 3% on 2011. Prices held at 2011 levels Esselunga achieved the sales growth without increasing prices, according to the press reports.  The retailer invested some €380m in 2012, in real estate development projects.  One of these is a large store in central Milan, one of the largest in the area, which we saw under con...
25 February 2013
Spanish co-operative Consum's franchise network, Charter, has reported sales growth of 22% for 2012. New stores driving sales growth Charter franchise stores reported turnover of €114.2m in 2012, driven by expansion.  A number of new members joined the franchise network during the year.  Charter opened 18 new stores in 2012, mainly in the 'home market' of Comunidad Valenciana where it op...
25 February 2013
Netherlands-based Jumbo has announced that it will be introducing a new store concept, which will bring in elements of foodservice, when it opens the Jumbo Food Market in Breda in March. Jumbo aiming to offer ‘unique experience’ On announcing the new store concept, Jumbo said that it will combine elements of a supermarket and a consumer foodservice operation. At more than 6,000 sq m the sto...
25 February 2013
Morrisons has strengthened its marketing team with the appointment of a new customer director and launched a new microsite to mark its sponsorship of ITV's "Ant and Dec's Saturday night takeaway." Crawford Davidson appointed Crawford Davidson joined Morrisons last week from mobile specialist Telefonica and has extensive experience in senior marketing roles, including acting managing director ...
25 February 2013
The health and beauty retailer has acquired a 49% stake in its hearing provider David Ormerod Hearing Centres in the UK. Boots UK committed to developing hearing care Boots HearingCare currently operates over 340 practices within Boots stores in the UK . The investment demonstrates Boots UK’s commitment to developing hearing care services across the UK enabling customers to have access to ...
25 February 2013
Waitrose will launch a new drive-through click and collect service as  part of a wider multimillion pound investment in its multichannel operations. Complementing existing services Waitrose will open its first drive-through collection point in Cheltenham in March, followed by drive-throughs in Southend, Salisbury, Wolverhampton and Lincoln. Shoppers will be able to pick up online orders ...
22 February 2013
German discount chain Lidl is planning to extend its executive board with two new additions from its Central Europe teams. New appointments from within Lidl team Two major changes will take place with the Lidl board, subject to consent from supervisory bodies expected in April. The first will see Bojan Luncer, who joined Lidl Croatia in 2002, become responsible for multiple country oper...
22 February 2013
Kaiser's Tengelmann is to modernise or rebuild around 50 stores in the North Rhine-Westphalia region of Germany this year, according to trade press reports. Aim is to increase revenue contribution North Rhine-Westphalia is Tengelmann's third-largest region in terms of store numbers, after Berlin and Munich; it operates around 160 supermarkets there.  However, according to Lebensmittel Ze...
22 February 2013
Spain's Condis Supermercats has reported a 0.6% fall in 2012 sales, to €801m.  High levels of investment in 2012 The supermarket chain, based in Cataluña, ended the year with 409 stores, up 15 on 2011, and over 180,000 sq m of sales area.  Levels of investment were higher in 2012 than previously.  A total of €25m was spent; €17m of which was on new store openings and remodellings, in line ...
21 February 2013
DIA has reported net sales growth of 4.1% for 2012 (+5.2% excluding currency effect), and adjusted EBITDA growth of 8.6% (+9.4% ex. currency effect) Tough comparatives in Q4 Net sales growth in the fourth quarter was 2.4% (+4.4% ex. currency effect).  A tough comparison in Q4 2011, weak business conditions in Turkey and depreciation in the Brazilian and Argentine currencies meant a lower...