Belgium news and analysis

18 February 2021
Announcing its full year results, Carrefour has reported like-for-like sales growth of 7.8%, as sales, including VAT, reached €78.6 bn. The retailer also saw an improvement in its recurring operating margin, which increased to 3.1%, from 2.9%, with its recurring operating income rising by 16.4% to €2.1 bn. France: Carrefour enjoys strongest growth in almost 20 years In its home market Carre...
18 February 2021
Netherlands-based Ahold Delhaize reported net sales growth of 18.0%, to €19.6 bn (US$23.8 bn) in its fourth quarter. Group comparable sales rose 11.0%, excluding gasoline. Underlining the positive result of recent investment in its online operations, Ahold Delhaize reported net consumer online sales grew by 84.2% in the fourth quarter, aided by growth of 128.5% in the US alone. US: comparable ...
27 January 2021
As Ahold Delhaize looks to embed initiatives to help it become an industry-leading local omnichannel retailer , we round up news as it looks to drive sales from healthy products by 2022. Delhaize launches ‘Nutri-Score cookbook’ with leading chef Delhaize, in conjunction with chef Seppe Nobels, who runs restaurant Graanmarkt 13, has launched what the two parties describe as the first cook...
05 January 2021
Netherlands-based Jumbo reported it generated a turnover of €9.73 bn in 2020, including sales through its La Place restaurant chain. The turnover at its Jumbo stores increased by 15% to €9.68 bn, with its online sales up by more than 50% to over €500m. Total sales +15%, organic growth +11% in 2020 Jumbo said its eponymous stores saw turnover growth of 15% to €9.68 bn, aided by a 53rd week. ...
16 December 2020
Colruyt reported its first half results, with revenue rising by 5.7% to €4.99 bn. However, the retailer said its growth was below that for the market as shoppers’ changing buying habits saw ‘ neighbourhood store concepts in particular experienced faster growth during the COVID-19 period, in part due to their greater number and therefore proximity ’. Underlining the difference in performance, C...
07 December 2020
As Albert Heijn extends the reach of its online delivery solution in Belgium and that of its new AH Compact service in the Netherlands and launches new technology-led solutions in store, we round up news from the retailer. Albert Heijn pilots AR powered in-store assistant… In conjunction with the Antea Group Nederland, Albert Heijn is trialling an augmented reality, in-store assistant. The ...
30 November 2020
In an interview in Het Parool, an Amsterdam-based newspaper, Ahold Delhaize’s chief executive for Europe and Indonesia, Wouter Kolk, discussed the retailer’s performance during the COVID-19 pandemic and short term outlook. COVID-19 changed shopping patterns quickly Kolk noted the positive effect on sales, brought about by higher demand driven by COVID-19, but also stressed this was not univ...
26 November 2020
(Last updated 26/11/2020) As Western European countries are facing a second wave of COVID-19 infections, several governments are implementing stricter restrictions including second national lockdowns. Here is an update of the latest announcements across the region Germany Latest ( update 26/11/2020) : Lockdown to be extended until at lest 20 December, with non-essential busines...
13 November 2020
As Ahold Delhaize looks to embed initiatives to help it become an industry-leading local omnichannel retailer , we round up news from the retailer as it expands online and with stores across Belgium and Luxembourg. Delhaize introduces prepared meal delivery service Delhaize, with Tastyoo, a food technology start-up, has launched a delivery service for freshly prepared dishes. The service...
13 November 2020
Against a challenging economic backdrop, accelerating food inflation and an increasingly competitive market, retailers in Belgium are raising the visibility of their price-focused investments for shoppers. We look at recent initiatives from Carrefour and Colruyt in the country. Carrefour freezes prices on 20,000 products The retailer said it was reacting to the second lockdown in Belgium an...