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Belgium-based Colruyt has posted its results for the first half of 2019/20, reporting a revenue increase of 2.8% to €4.7 bn (US$5.2 bn) and net profit of €196 m (US$217 m). The figure was boosted by the extension of the financial year for French companies and by the integration of Fiets!. The Group noted on a comparable basis, revenue rose 2.1% including petrol and 1.9% excluding petrol. In addition, Colruyt said its gross margin increased from 26.3% to 26.6%, while its operating cash flow totalled 8.5% of revenue.

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We round up the latest news from retailers in Belgium, the Netherlands and Sweden. Netherlands: Albert Heijn launches automated store at Schiphol Airport After successfully piloting its new ‘plug-and-play’ store concept in Zaandam in September 2019, Albert Heijn has expanded the trial to Schiphol Airport. This will see the retailer launch its second fully automated store, on the Jan D...
Jumbo and HEMA, both Netherlands-based retailers, have said they have agreed in principle to cooperate commercially in Belgium and their home market. The retailers said they are still working on the terms of the cooperation. Agreement aimed to improve their market positions Announcing the cooperation Jumbo and HEMA said it was aimed at ‘ further improving the market position of both compani...
Jumbo Belgium has officially opened the doors to its first store, located in Pelt. We attended the press conference to see how the Dutch retailer has adapted its store concept to the Belgian market. “A wide range and low prices” On 6 November 2019, Jumbo opened its first store in Belgium. The retailer said the store was a Dutch supermarket, but with a Flemish twist. The 2,000 sq. m store co...

Presentations

09/12/2019
Europe’s largest grocery retailer continues to evolve and update its stores to better prepare for the future. This report will give you an overview of the latest developments and priorities that could suggest what Lidl stores of the future could look like. New store formats will be environmentally sustainable, focus on efficiency and offer a much improved shopping experience thanks to better design and fixtures.
03/12/2019
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.
19/11/2019
On 6 November 2019, Jumbo opened its first store in Belgium, located in Pelt. We visited the new store to see how the retailer has adapted its supermarket formula in line with the Belgian market.
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Key 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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We've grouped all the latest European retail news, store visits, retailer profiles and downloadable presentations together in one place.