Cora-Louis Delhaize news

08 July 2022
Following the announcement of an end to its alliance with Carrefour, Louis Delhaize has agreed a buying partnership with Intermarché A partnership to improve buying power Belgian retailing group Louis Delhaize and French retailer Intermarché have announced a five-year buying partnership; In France, the Louis Delhaize group will be supplied national brands by Intermarché In Belgium and L...
23 June 2022
Flash delivery service Gorilla plans to exit Belgium, as Colruyt starts trialling its home delivery service and Amazon sets up to enter the market. Separately, Delhaize reveals its reducing is private label prices by up to 30% and Russian discounter Mere faces challenges in the market.      Gorilla exits from the market Recently Gorilla the German flash delivery service confirmed they plan ...
02 March 2022
As Intermarché announces it will Mestdagh’s Carrefour stores, Louis Delhaize discusses plans for a rebranding of its Smatch and Match supermarkets and organic specialists Färm and Ekoplaza discuss merger opportunities, we look at the changes set to affect the market in the medium term. Intermarché to acquire Mestdagh’s Carrefour stores Intermarché is to acquire Mestdagh’s 87 Carrefour Marke...
27 September 2021
As Lineaires reports on Système U’s results and Picard and Cora investigate new growth opportunities, we round up news from France. Système U sees sales rise 3% in H1 Local trade publication Lineaires has reported Système U’s sales rose 3%, excluding fuel, in H1 2021. The organisation’s growth was mainly been driven by its non-food activities, which supported its hypermarkets, with sales of...
22 June 2021
As Cora sees a decline in revenues in 2020 at its hypermarkets in France, we round up this news and steps it is taking in France, Belgium and Romania to drive footfall in its stores and sales across all channels. Cora France sees revenues decline further in 2020 Trade publication LSA has published Cora France’s results for 2020, showing the retailer suffered a 5.7% fall in revenue to €3.854 b...
21 October 2020
We highlight recent developments from Belgium, where retailers are pivoting their food-to-go and online offers to meet shopper needs. 1. Delhaize discontinues Fresh Atelier food-to-go concept Delhaize has discontinued the Fresh Atelier food-to-go concept, which it originally launched in Brussels in 2018. At the time, the retailer saw the potential for 200 of these sites. Delhaize now pla...
04 February 2020
In an interview in trade publication LSA, Cora France’s managing director, Ludovic Chatelais, has discussed how the retailer is looking to help its hypermarket employees become more versatile so they can work across departments. Strategy upweights food-focus at hypermarkets… Chatelais explained the retailer’s new strategy for its hypermarkets, which had been rolled out to eight stores, had ...
13 August 2019
As reported in Belgium-based newspaper L’Echo, Louis Delhaize has announced its FY2018 results, revealing a net loss of €929m (US$1.04 bn). The retailer said its operating income also declined from +€204m (US$228m) in 2017 to a loss of €833m (US$932m) in 2018. Louis Delhaize’s revenues remained stable at €8.7bn (US$9.7bn). Loss due to goodwill, restructuring and dispute settlements The reta...
13 September 2018
As reported in LSA, Match has announced another year of profit. The supermarket chain, owned by Louis Delhaize, has made several changes believed to have contributed to its profitability. A second year of profit… Match has generated a €1.05bn turnover with a net profit of almost €10m. This marks Match’s second year of stable sales, having made €3.6m in profit in 2016. In 2013, the supermark...
16 July 2018
France-based trade publication LSA has reported that Cora’s hypermarkets in the country performed well in 2017. While the stores saw a slight fall in revenues, their profitability remained flat, which sees them compare favourably with rivals, whose largest stores have come under increasing pressure. Sales down, but only slightly The results showed that sales at Cora’s hypermarkets, therefor...