Europe news & analysis

29 July 2022
Casino Group has reported positive sales growth in Q2 to record a turnover of €15.9 bn in H1 2022, up 9.8% against H1 2021. Trading profit however has fallen 13.4%, to €380m in H1 2022. France: Convenience drives the recovery as tourism returns Net sales in French retail for H1 2022 saw a 1% increase YoY, as it reported sales of €6,935m. The retailer will be buoyed by a return to sales grow...
28 July 2022
Carrefour reports a strong performance in a challenging environment and confirms its consolidated net sales in the first half of 2022 rose 13.2% to €39,054m with like-for-like (LFL) sales up by 5.4% compared to H1 2021. Source: Carrefour Carrefour France: positive Q2 sales performance The group revealed its consolidated Q2 sales increased by 17.2% to €23,078 and LFL sales increased by ...
27 July 2022
Jerónimo Martins has announced its H1 2022 results, revealing a strong sales performance across all countries where it operates, Colombia, Poland, and Portugal. Sales performance Jerónimo Martins’ Q2 consolidated sales increased by 24.5% to €6.4 bn compared to Q2 2021. The groups consolidated H1 2022 sales reached €11.9 bn an increase of 20%, compared to H1 2021. Group EBITDA increased by 19....
27 July 2022
Loop has announced that its one-year trial with Tesco is set to end. Announcing the trial’s end Loop said that ‘ Tesco has decided to end the trial to reflect on the insights collected. This means the reuse area will soon be removed from your Tesco store .’ Customers with Loop packaging have until 31 October to return their packaging to one of its return points. Loop highlights positive custom...
26 July 2022
In a month where Lidl announced opening its 12,000 th store worldwide, we look at five recent developments that help make its growth environmentally sustainable. 1. Lockers support online retailers reduce carbon footprint Lidl France has partnered with Mondial Relay to roll-out customer collection lockers at stores. The first lockers at a Lidl store, and 1,000 th for Mondial Relay, opened...
26 July 2022
As Tesco introduces its Delivery Savers scheme and enables children to eat free in its cafés, we round up developments from the retailer. Tesco introduces three tiers in Delivery Savers programme Tesco has launched three tiers for its Delivery Savers programme, reintroducing schemes that were paused due to high demand during the pandemic. The initiative will include a dedicated Click and Co...
25 July 2022
As the retailer acquires Gist and partners with Benefit Cosmetics, we round up these and other developments. M&S to acquire Gist to support its supply chain transformation M&S will acquire Gist, its principal contract logistics provider, as part of its on-going programme to modernise M&S Food’s supply chain network. The retailer said the investment was made given the ‘ substantial opportuni...
25 July 2022
Axfood had a 29.3% growth in its first half of 2022 with net sales of SEK 35.1bn. Adjusted operating profits were SEK 1.5bn which was a 20.8% increase with an operating margin of 4.2%. The retailer saw an increase of 32.8% in the second quarter with a turnover of SEK 18.4mn. Adjusted operating profits amounted to SEK 828mn with an increase of 25.3% and an operating margin of 4.5%. Acquisition ...
22 July 2022
Several retailers have launched initiatives to support the government's new cost of living campaign, Help for Households, while others have introduced steps separately to help families over the summer holidays. We round up some of the steps launched so far. Divided shoppers research shows impact on families In our ShopperVista report on Divided shoppers , accessible to subscribers, we lo...
21 July 2022
Jumbo food released its H1 results taking a sales turnover of €5.46bn which was a growth of 1.6% against the same time period last year. Quality improvement and expansion driving success The company has been focusing on quality improvement on fresh, health and sustainability. In the Netherlands customers are looking for better, more responsible and local fresh food.  Jumbo have met these dema...