Europe news & analysis

22 January 2013
According to reports in French trade press publication Lineaires, Carrefour has opened a hybrid hypermarket/cash and carry format in Spain with discount prices. Trading under the Supeco banner, the format takes learning from the successful Atacadao format in Brazil. Discrete trial in price conscious market According to reports Carrefour has been testing a family focused cash and carry / hype...
22 January 2013
Ocado has announced that Sir Stuart Rose will become chairman from March 2013, taking over from Lord Grade who retires after six years service. High profile return for Sir Stuart Commenting on his appointment, Sir Stuart said: "as retail goes through a fundamental shift into the digital world, I believe Ocado's model and the high standards of customer service it provides will see it emerge ...
22 January 2013
Erivan Karl Haub has resigned as chairman of Tengelmann's advisory board, and two other long-standing board members have also left office, meaning the board no longer includes members of the group's founding family. Replacement chairman yet to be chosen Mr Haub has stepped down upon reaching the age of 80.  He was CEO of the Tengelmann Group for over thirty years until 2002.  The other me...
21 January 2013
Tesco has launched its latest dotcom only warehouse store in Crawley, as it continues to build home delivery capacity through this format. A growing network delivering improved service The new dark store opened for trade on 21 January adds to those already operational in Aylesford (near Maidstone), Croydon, Edmonton and Greenford. Tesco continues to build its network of dark store wareho...
21 January 2013
Russian retailer O'Key has revealed net retail revenue of RUB115,922m for 2012, up 25.7% year-on-year, and revenue of RUB34,851 for Q4, up 24.5%. Dixy has also reported 2012 figures this week - click here for the details. Delivered on targets set Like-for-like sales were a particular highlight. Good progress in LFL sales throughout the year ended with growth of 7.5% in Q4. Average basket ...
21 January 2013
Discount retailer Aldi has today reported its most successful Christmas ever in the UK, citing the expansion of premium range products as a key sales driver. Premium ranges help drive sales In the 12 weeks to the 23rd December 2012, Aldi's year-on-year sales increased by 30.1% according to Kantar, far faster than any of its competitors, as shoppers responded enthusiastically to its strong v...
21 January 2013
New CEO Steve Murrells is to launch a new five year strategy to boost the retailer's sales and "get back to basics", and reshuffles his senior team. Five year plan to get the business back in to growth After posting encouraging Christmas results , CEO, Steve Murrells has announced his new plan to improve the shopping trip for customers at the retailer's food stores. Over the last six mont...
21 January 2013
Nisa has reported a 0.7% increase in sales through its central distribution services in the 39 weeks from April to December, lifted by a significant increase in volumes and new members. Sales and volume increase In addition to a strong like-for-like performance, volumes rose by 9.7% over the same period. Finance Director Simon Webster commented "The current trading environment is proving ...
20 January 2013
Ukrainian supermarket chain, EKO Market achieved substantial growth in 2012 24.5% increase in turnover In 2012 EKO achieved a 24.5% sales increase compared to 2011, generating sales of US $3.75bn. The retailer opened 20 new supermarkets during the year which will have encouraged such a positive performance. Expansion in 2013 Alexander Ferenets, EKO Managing Director, has announced t...
18 January 2013
Migros has reported group turnover growth of +0.7% for 2012 to CHF25.03bn; retail turnover was up 2.3%, to CHF21.35bn, after taking into account the effects of price adjustments. Demonstrating price leadership Following the pattern of recent years, Migros continued to invest heavily in price cuts in 2012. The group’s ten co-operatives implemented cuts equivalent to some CHF204m over the year, ...