Europe news & analysis

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...
15 January 2013
Boots Retail (Ireland) Ltd has announced sales and profit increases despite the tough economic climate. Business expands in 2012 Boots , Ireland's largest health and beauty retailer, recorded an increase in sales and profits for the period ending 31st March 2012. Pre-tax profits were up by +11% to €17.8 million, whilst retail sales were up by 3.2% to €275 million. The increase in pro...
15 January 2013
For the six trading weeks to 06 January 2013 Ocado has reported 14.2% gross sales growth to £91.6m, while gross sales in the seven days to Christmas were up 17% to £21.8m. Customer orders increased 11.4% and the average number of orders per week was 140,000. Solid but relatively modest growth Trading against the relatively tough partial comparatives of last year, where sales rose 16.0% to...
15 January 2013
Kantar has issued a special six-week Christmas release of its Worldpanel market share data.  Offering specific detail on relative performances in the grocery sector in the key festive trading period, this provides a useful counterpoint to corporate statements.  The figures issued for the period to 6th January 2013 shows market growth accelerated  modestly to 3.8%, though the fortunes of retailers...
14 January 2013
In a major strategic move, ICA Norway has entered into an agreement with Norgesgruppen, aiming to improve its commercial advantage in the market. Coordinated sourcing and distribution The cooperation with Norgesgruppen will take effect from April 1, 2013, and coordinates distribution and logistics between ICA Norway and Norgesgruppen’s wholesale company, Asko. The changes, which will come i...
14 January 2013
Tesco has launched a new brand into its baby category that will cover products, information and expert advice, available both in-store and online. New improved and expanded ranges The new brand is called ' Tesco Loves Baby' and will underpin the retailers activity in the baby and toddler category, looking to support expectant parents, to those with young children. The new brand, which has...
14 January 2013
X5 Retail Group has announced its preliminary sales results for 2012, amidst further management changes. Three key management changes At last week’s Board Meeting, the acting CEO Stephan DuCharme was made statutory CEO, subject to approval at the AGM in April. Kieran Balfe, X5’s CFO handed his resignation in, effective as of March 2013 and Sergey Piven will become the new CFO, having pr...
14 January 2013
Metro Group has announced plans to double the number of franchise stores it operates under the La Doi Pasi banner in Romania. Ambitious growth plans Developed by Metro as a franchise scheme to support traditional retailers, La Doi Pasi became the largest network of neighbourhood stores in Romania in 2012.  The retailer currently operates c.500 stores in the region, and has stated its amb...
14 January 2013
Leading UK wholesaler Booker has re-emphasised its value offer for both its retailing and catering customers at the outset of 2013, with targeted and sustained activity to support the business needs of both groups. 40% POR offers for retailers To help boost the margins of independent retailers, Booker has launched a wide-ranging promotional offer on over 400 key lines for the small store of...