Belgium news and analysis

09 November 2022
Ahold Delhaize reported Q3 results, saying net sales rose 9.1% at constant exchange rates, to €22.4bn, while like-for-like sales increased by 7.9%. Ahold Delhaize US: comparable sales +8.2% In the US, Ahold Delhaize saw net sales rise to €14.7bn in Q3, an increase of 8.8% at constant exchange rates. Comparable sales (excluding gasoline) rose by 8.2%. It said its Food Lion banner continue...
27 October 2022
Carrefour reports a strong performance in a challenging environment, especially as inflation accelerated across all European markets. The retailer confirms its sales in Q3 2022 reached €23,504m an increase of 19%, with like-for-like (LFL) sales growing by 11.3%, compared to Q3 2021. Source: Carrefour Alexandre Bompard, Carrefour’s Chairman and CEO addresses Q3’s outcomes ‘In an en...
19 October 2022
Lidl Belgium recorded a record loss in its 2021 financial year, as Lidl continues to invest in its network and supply chain to drive future growth and cost savings. Record losses in Belgium Lidl Belgium recorded a 2.2% fall in turnover to €2.59 bn and an operating loss of €47.1m in the 2021 financial year, according to RetailDetail reports. The results will be a concern in a Belgian mark...
12 October 2022
Carrefour continues to innovate across Europe. In Italy it has launched its first remodelled hypermarket, to help drive growth in the channel, while it has also increased its commitment to reducing food waste, as Carrefour Belgium and Carrefour Poland aim to tackle the issue. Carrefour Italia reveals its first remodelled hypermarket Carrefour Italia has opened its first updated hypermarket,...
28 July 2022
Carrefour reports a strong performance in a challenging environment and confirms its consolidated net sales in the first half of 2022 rose 13.2% to €39,054m with like-for-like (LFL) sales up by 5.4% compared to H1 2021. Source: Carrefour Carrefour France: positive Q2 sales performance The group revealed its consolidated Q2 sales increased by 17.2% to €23,078 and LFL sales increased by ...
26 July 2022
In a month where Lidl announced opening its 12,000 th store worldwide, we look at five recent developments that help make its growth environmentally sustainable. 1. Lockers support online retailers reduce carbon footprint Lidl France has partnered with Mondial Relay to roll-out customer collection lockers at stores. The first lockers at a Lidl store, and 1,000 th for Mondial Relay, opened...
21 July 2022
Jumbo food released its H1 results taking a sales turnover of €5.46bn which was a growth of 1.6% against the same time period last year. Quality improvement and expansion driving success The company has been focusing on quality improvement on fresh, health and sustainability. In the Netherlands customers are looking for better, more responsible and local fresh food.  Jumbo have met these dema...
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 ...
20 June 2022
Amazon is set to launch in Belgium in September, as reported by Business Insider. Set to launch by September According to leaked documents, Amazon will launch in Belgium in late September 2022. It also plans to launch in four other markets by early next year: Chile, Colombia, Nigeria and South Africa. Amazon will launch its marketplace in Belgium, with Amazon’s Prime membership scheme ex...