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Carrefour’s largest franchisee in Belgium, The Mestdagh Group, has decided to terminate its master franchisee with the French retailer. As the contract’s notice period will last for a year, The Mestdagh Group will remain with Carrefour until 1 January 2023.

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Netherlands-based Jumbo saw its turnover rise 2% to €9.91 bn versus 2020, while removing the 53rd week in 2020 saw turnover increase by approximately 4%. Its ecommerce store drove sales, with turnover rising by 30% as the retailer continued to invest to add capacity. As it looks to build on its convenience offer in 2022, the retailer announced a strategic partnership with quick commerce delivery ...
Belgium’s Colruyt saw flat sales in the first six months of its 2021/2022 financial year. While its revenue fell by 0.2% to €4.981 bn, the retailer reported its gross margin fell to 26.9%, down from 28.1% in the previous financial year. Market share remained stable after recent falls… Colruyt said its market share in Belgium remained stable at 31.0% at the end of the first half of its finan...
As the Colruyt Group looks to regain share it has lost during the pandemic, the retailer has rolled out three innovative initiatives. Colruyt Group trials unstaffed store under Okay Direct banner Colruyt is trialling an unstaffed store under the Okay Direct banner in the centre of Ghent. The retailer said the 150 sq. m store, which stocks about 650 SKUs across both brands and private labels...

Presentations

21/01/2022
Five trends that will shape the discount channel globally this year including some considerations and implications for suppliers and retailers.
20/12/2021
We review 2021 to highlight some of Aldi and Lidl's major developments and how they are transforming their models.
16/12/2021
A guide to the retailer and its operations today. Updated quarterly to include latest information on performance, strategic developments, marketing initiatives, key personnel and must see stores.

Key presentation

Belgium country presentation

This guide to Belgium explores the key trends in grocery retail, the outlook for the country’s differing channels over the five year forecast period and the growth strategies of its leading retailers.

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