Europe news & analysis

16 January 2013
Blakemore Trade Partners, the Blakemore division responsible for supporting independent SPAR stores across Wales, the midlands and the south-east, is the latest operation in the SPAR UK network to launch phased promotions across its member stores.  Starting from 17 January, Blakemore will introduce a new phased cycle of promotions that will see a succession of new promotions implemented in each we...
16 January 2013
It has been reported that The Co-operative Food has appointed Sainsbury's Andrew Mann to the newly created role of customer director, and Howard Reed, former New Look and Asda director, has been appointed to the newly created role of food chief information officer. A breadth of experience Andrew Mann is currently the director of insight and loyalty at Sainsbury's . He has previously hel...
16 January 2013
Metro Group has reported sales growth of 1.2% to €66.7bn for the full year 2012, delivering earnings in line with its revised guidance of €2bn. Christmas trading "satisfactory" Q4 saw a slow start to Christmas trading, but momentum gained towards the end of the year and Metro has described the result as "satisfactory", particularly at Media-Saturn which saw sales grow by 1.3% during the pe...
16 January 2013
Casino has reported Q4 2012 sales of €12,856m, up 35% on a total basis following the full consolidation of Latin American operations and up 3% on an organic basis. While international sales grew by 76% during the quarter, domestic sales declined 3% as household consumption lagged. For a detailed sales breakdown click here . French hypermarkets down more than 10% Net sales in France declin...
16 January 2013
Major UK wholesaler, Bestway has revealed its financial performance figures for the year to 30 June 2012, with overall group sales surpassing £2.5bn for the first time.  Within that, its key UK wholesaling division saw turnover increase by 5.7% reaching £2.3bn.  Wholesaling profitability was down slightly to £58.2m, impacted by costs for the integration of acquired businesses and the set up of new...
16 January 2013
Austria's Pfeiffer Group wants to increase its holding in the retailer Zielpunkt, to become the majority owner, according to press reports. Wants to be majority owner in three years Pfeiffer Group currently owns 24.9% of Zielpunkt, but wants to take over the remaining shares within three years, according to comments made by CEO Erich Schönleitner to local press.  The immediate focus however...
16 January 2013
FreshDirect is to expand its service from Centre City Philadelphia to the Greater Philadelphia area suburbs ahead of schedule, following the successful launch of its service in the city last year. Attracted 50% more customers than planned Having been focused on the New York Metro area for the last ten years, FreshDirect launched in Philadelphia last October. Originally the online retailer ...
15 January 2013
The Co-operative Group has reported encouraging Christmas and New year trading in its food business for the three weeks ending 5th January, with performance driven by a strong like-for-like growth from its convenience estate. Targeted promotions and new brand advertising drive sales Over the three week period, The Co-operative food saw total sales rise 2.4% and by 2.2% on a LFL basis.  Ke...
15 January 2013
Swiss discounter Denner has revealed its third consecutive year of growth, with net sales for 2012 up 1.8%. CEO: 'we have chosen the right strategy' Growth taking into account inflation of 1.5%, was 3.3%.  Denner Wineshop, the online sales channel dedicated to wine, saw sales up 44%.  CEO Mario Irminger said: "Denner has evolved in a remarkable way over the past three years, proving ...
15 January 2013
Walmart is to buy an additional $50bn in US products over the next ten years for its domestic operations. Looking to bring production back to the US Walmart's initiative to support US manufacturing will be driven through increasing sourcing for products which are already bought in the US, including sporting goods, storage products and paper products, and by helping to onshore US producti...