Europe news & analysis

19 February 2013
Sainsbury's has revealed that annual general merchandise sales have reached £1bn for the first time, following a bumper Christmas in which year-on-year sales were a third higher. Cookware and electricals drive growth Cookware sales over the year were up by 16%, helped by well presented own brand ranges such as Sainsbury's Cooks Collection. Small electricals also rose strongly with growth o...
18 February 2013
The purchase of 49 Blockbuster stores signals a determination to become a significant player in the fast growth convenience market. In this article we explore the benefits of the deal and how it moves Morrisons closer to being a multi-format and multichannel retailer: A step change in its convenience presence Aligned with convenience DC location Supported by new 'Mo...
18 February 2013
The Russian pharmacy chain has announced full year results for 2012 and outlined plans for the coming year. Sales reach RUB 14,899m Unaudited results show that the retailer generated sales of RUB 14,899m in 2012, which represents a 3% increase in year-on-year terms. At the end of the year, Pharmacy Chain 36.6 operated 842 stores across 24 regions in Russia , having opened 49 stores over th...
18 February 2013
Nisa has announced that it will be the first UK symbol group to offer its forecourt retail members the opportunity to have a private label fuel offer; enabling forecourt sites to have consistent Nisa branding across all elements of the location, from pole sign and canopy, to the store. Based on partnership with Greenergy The scope to offer Nisa (or indeed Loco) branded fuel has been achieve...
18 February 2013
Morrisons has purchased 49 Blockbuster stores to convert into convenience stores. Stepping up expansion The retailer has announced the purchase of 49 Blockbuster stores from administrators Deloitte for an undisclosed sum as it steps up its expansion into the convenience sector. It is believed many of these stores are located in London and the south east, an area where traditionally Morr...
15 February 2013
Croatia-based Konzum, part of the Agrokor Group, has published unaudited results saying that sales rose by 1.1% to HRK13.5 billion. New stores help to drive growth Konzum added 30 stores in 2012, which helped to underpin revenue growth during the year. The company went on to say that while it expected consumption in many of the markets in which it operates to stagnate in 2013, it was aiming...
15 February 2013
In an interview with Les Echos, Costco France’s Country Manager, Gary Swindells, has outlined the retailer’s ambition to build a network of 15 outlets in the country over the next five to ten years. France market entry part of broader European growth strategy The retailer’s first outlet in France is expected to open in Bussy-Saint Georges, Paris, in 2015, marking Costco’s first expansi...
14 February 2013
Poland-based Biedronka, according to reports in Handel Extra, is trialling self-checkouts at a store in Warsaw. Company says trial is not part of plan for full roll out According to the reports, Biedronka has been trialling four Wincor Nixdorf units at its Glebocka Street store in Warsaw and has plans to add a further four units supplied by NCR deployed in another Warsaw outlet during the f...
14 February 2013
We’ve been in-store at Asda this week to look at how it is implementing its strategy for growth. Impactful value communication underpins the strategy Asda's focus on EDLP is at the heart of its ambitions, and is given voice through the Asda Price Guarantee (APG), both inside and outside the store. Alongside extensive large signage to communicate rounded price points in the power aisle, this...
14 February 2013
ICA reports mixed results across markets, but delivered healthy growth and a strong profit performance in 2012. "A successful year" Full year sales totalled SEK 96.9m, up 1.8% on 2011, +4.2% at constant exchange rates and adjusted for the divestment of ICA Maxi stores in Norway . It also delivered strong operating profit performance of SEK 192m, growth of 11.9%. Commenting on the results,...