Europe news & analysis

11 January 2013
Rewe Group has announced plans to continue to invest in its operations in Austria, while it has also revealed an intention to rebrand its Penny XXL banner in Romania. Investment to continue in Austria According to reports in WirtschaftsBlatt, Rewe’s Austria-based supermarket division, Billa, will invest €100 million in refurbishing 100 stores and adding 30 more. At the same time, the compan...
11 January 2013
A.S. Watson owned Superdrug has confirmed the launch of a new premium skin care and make-up brand to be called 'B'. Premium without the price The new brand will be launched on February 1st, in 882 Superdrug stores as well as online . The new range will have a premium positioning and has been brought to market by a stand-alone brand team within Superdrug. The make-up range will consis...
11 January 2013
Netto Marken-Discount stores are to step up their focus on fresh lines, according to Lebensmittel Zeitung. Rollout of bakeries to continue Baked goods are an important part of this new strategy, to make the offer more attractive to customers.  Netto Marken-Discount should add 1,000 more in-store bakeries this year, continuing the rollout begun in 2012.  The range, of around 30 products, ...
11 January 2013
Edeka has appointed two new directors to its board, and one has departed. Board now comprises three people Dr Michael Wulst has been appointed as chief information officer, with additional responsibility for logistics.  Martin Scholvin has been appointed as chief financial officer and head of HR.  Reinhard Schütte has left the company.  This leaves Edeka with a three-man board, headed by ...
11 January 2013
Promotion for Asda COO Judith McKenna is to leave her position as COO at Asda to take up a new role at Walmart International as executive vice president, strategy and international development. Linked to this move there will be a major reshuffle of Asda's senior team, with all changes taking effect from January 28th. The move to Bentonville is a further promotion for McKenna who became Asda C...
10 January 2013
Alongside its Christmas trading update, Tesco has announced a number of senior management changes across its executive committee, including the appointment of a new UK Managing Director. Chris Bush appointed as UK MD Chris Bush, who has held the role of UK COO for the past nine months, has been appointed as the new UK Managing Director and will oversee the day-to-day running of Tesco's ...
10 January 2013
Russian retailer, Magnit, has announced double digit sales growth in its preliminary unaudited results for 2012 An encouraging year for Magnit The sales, of RUB 448,486m, reflect an increase of 33.6% compared to 2011. The retailer has consistently reported strong results throughout the year - +33% in H1, +36% in Q3 . New stores helping drive growth An impressive store opening rate ...
10 January 2013
GPA, Casino's Brazilian subsidiary, and Intermarche Poland are both expanding through the Drive, click and collect for grocery, concept, according to reports. Retailers investing in Drive across markets Reports state that French retailer Intermarche is preparing to launch a Drive service for grocery in Poland this quarter and GPA , Casino's Brazilian  subsidiary, began operating a Drive ...
10 January 2013
Swiss operator Manor has reported a 0.5% fall in like-for-like sales at its department stores in 2012. Total turnover was down Manor said the result was achieved against a background of strong competition and unfavourable consumer spending.  Total group turnover was down 5.9%, to CHF3bn.  One department store closed during the year, and the 19 Fly furniture stores are no longer trading ...
10 January 2013
M&S has reported group growth of 0.6% for the 13 weeks to 29 December 2012. Total UK sales grew just 0.3%, with LFL of -1.8%. Food outperformed the total business, showing a 2.7% total uplift and a LFL rise of 0.3%. Headline figures from Q3 Group sales: +0.6% Total UK sales: +0.3% (-1.8% LFL) Food sales: +2.7% (+0.3% LFL) General merchandise: -2.2% (-3.8% LFL) Multichannel...