Europe news & analysis

10 February 2021
While its away-from-home business continues to be negatively impacted by the pandemic, and its at-home operation benefits from consumers spending more time at home, we look at the expectations The Coca-Cola Company has for 2021. Forecasting revenue growth in the high-single digits Although trends improved at the start of the quarter, a resurgence in the virus and new lockdowns in many count...
10 February 2021
After establishing a chief executive transition team in November 2020 to jointly assume the position of CEO as it searched for a new chief executive, Metro AG has now appointed a new person to the role, Steffen Greubel. Greubel signs three-year contract Greubel will take up the role as Metro AG chief executive on 1 May 2021, with Metro’s chief financial officer, Christian Baier, and COO...
05 February 2021
Last month, we outlined five global trends that will shape the convenience channel this year and beyond. While it is still early, we are already seeing new proof-points in support of our views. Acqusitions supporting physical expansion recovery Physical expansion in convenience retail is much more fluid compared to larger formats. While this has slowed since the pandemic, plans that were pl...
04 February 2021
The COVID-19 pandemic proved to be a challenge, but also an opportunity to accelerate development for discounters. In several markets with high penetration of online, such as the UK, the lack of ecommerce proved to be a weakness for the discount channel. However, the value proposition of the channel resonated well with increasingly savvier shoppers, ensuring footfall and sales remained strong. ...
02 February 2021
With a consumer and foodservice portfolio focused on flavourings, McCormick has been well-positioned to capitalise on the pandemic-driven growth in home cooking. We look at why it expects this to persist, even when the pandemic ends. Pandemic-driven demand Global demand for flavour remains the foundation of its sales growth. The business plans to continue capitalising on the switch to eatin...
02 February 2021
With a strong fourth quarter rounding off a great year, Colgate-Palmolive’s chairman, president and CEO, Noel Wallace, has outlined how investing in innovation, productivity and capabilities will enable it to build on the momentum of 2020 in the year ahead and beyond. Forecasting organic sales growth of 3-5% in 2021 For 2021, the company is planning for organic sales growth of 3-5%, with co...
01 February 2021
Amazon has launched its Fresh grocery delivery service in Italy, initially available in Milan. The retailer also announced it is planning to launch an online store in Poland. Amazon Fresh launches in Milan Customers in Milan now have access to more than 10,000 products from categories including meat, fish, fruit and vegetables, pasta, organic, eggs, home care, and local artisanal products. ...
01 February 2021
As Glovo and foodpanda extend their reach and range of services and Netherlands-based Jumbo adds further delivery capacity, we round up five developments affecting the online channel. Glovo to add more darkstores to support Q-commerce growth… After receiving a further €100m of funding, Glovo is planning to expand its presence of darkstores to 100 by the end of 2021, up from 18 today. Glovo ...
01 February 2021
In an interview with Ecommercemag.fr, Jean-Denis Deweine, director of Auchan Retail France, discussed COVID-19’s impact on grocery retailing in France and the challenges and opportunities it has presented. Deweine looked particularly at the acceleration of the ecommerce channel’s growth during the lockdown period and as a result of the restrictions placed on shoppers due to COVID-19. Targeting...
29 January 2021
Germany’s competition authority, The Federal Cartel Office (Bundeskartellamt), has approved Kaufland’s acquisition of some Real stores in Q4 2020. By taking over these stores Kaufland is improving its purchasing position in the country. Acquisition of 92 Real hypermarkets approved Kaufland’s acquisition will see it acquire 92 of the 101 Real hypermarkets it applied for originally, although ...