Europe news & analysis

09 January 2013
SPAR Switzerland has reported sales growth of 3.8% for 2012, to CHF1,041m, and has revealed its main priority for the year ahead.    CEO satisfied with results SPAR's growth was achieved against a background of deflationary prices in food, and a fall in foodservice sales.  Chairman and CEO of SPAR Switzerland, Stefan Leuthold, said the retailer was very satisfied with the 2012 growth.  ...
09 January 2013
Sainsbury's has released an upbeat third quarter trading statement with own brand and multichannel investments contributing strongly to Christmas trading. Record build up to Christmas LFL sales excluding fuel inc. VAT were up 0.9% while total sales were up by 3.3% for the 14 weeks to 5 January 2013.  The week before Christmas was Sainsbury's strongest ever with 27m customer transactions, a...
08 January 2013
The latest market share data from Kantar Worldpanel, for the 12 weeks to 23 December, shows the market trend held steady with the previous period maintaining growth of 3.2%.  However Kantar has reported a sharp uptick in inflation in the period, up a full percentage point to 4.5%, putting pressure on volumes in the crucial run up to Christmas. 12 weeks to 25 December 2011 (% share)...
08 January 2013
Booths has reported its best ever December performance, with LFL sales up 3.5% and total sales up 5.6%. Significant jump in pre-orders The record Christmas sales reported by the regional supermarket chain were helped by the huge rise in pre-orders, which saw a 58% increase on last year. Chris Dee, chief operating officer at Booths , attributes this to the ease of  online ordering and coll...
08 January 2013
The latest figures from the British Retail Consortium Retail Sales Monitor show that UK retail sales grew by just 0.3% like-for-like in the five weeks of December 2012, confirming predictions of restrained consumer Christmas spending.  Total retail sales growth for the month was +1.5%, significantly lower than Christmas 2011, when the uplift was a buoyant 4.1%. Online outperforms After a coup...
08 January 2013
Belgian discounter Colruyt has appointed Marc Hofman of the Ter Beke Group as its new Chief Financial Officer. Well placed experience Hofman will take up the position from 1 April 2013 and brings with him plenty of relevant experience. Previously he has worked as an auditor with Arthur Andersen, and as CFO with SUN International Group. Jef Colruyt, CEO of  Colruyt Group commented "His expe...
07 January 2013
Coop Schweiz has reported group turnover of CHF27.8bn, up 1.5% at constant exchange rates, which it called a "pleasing result in a challenging environment." Price cuts, competition and economy affected results Coop Schweiz's turnover was up 0.3% at current exchange rates.  Price cuts of up to 8.2% in certain formats, strong competition at home and abroad, and a difficult economic contex...
07 January 2013
In its Christmas trading statement for the six weeks to 30 December, Morrisons has reported a decline in LFL and total ex fuel sales. Budget consciousness and couponing impact trading Over the period LFL sales (ex fuel, ex VAT) declined by 2.5% and total sales were down by 0.9% which Morrisons attributes to a very challenging trading environment in which shoppers were highly budget conscious ...
07 January 2013
Finlays Newsagents, a small scale CTN (confectionery, tobacco, news) operator, is converting all of its stores to its 'Bargain Booze plus Finlays' fascia following continued success with the format. Partnership strengthening the CTN offer The combined fascia was first piloted in 2007 and has brought continued benefits to Finlays. The value focused range provided by Bargain Booze has bols...
07 January 2013
Mercadona could finally open its first store outside Spain this year, according to press reports. Move has been delayed a year According to press reports, group president Juan Roig has said that 2013 will be the year in which Mercadona opens its first store outside Spain.  The move, initially planned for 2012, is likely to take the form of an acquisition which will allow Mercadona to move...