Central & Eastern Europe news & analysis

08 April 2021
On-demand grocery shopping platform Everli, based in Milan, has raised $100m in a Series C funding round. International growth plans Everli was founded in 2014 and has been named as the European Instacart due to similarities in its business model. It is an online marketplace where users can order products from various retailers for same-day delivery. The orders are picked in store and deliv...
06 April 2021
Following initiatives in its home market across several channels and as its operations in Poland expand its Outlet concept, we round up news from the retailer. Carrefour aiming to move 40 stores to franchisees in 2021 France-based trade publication LSA has reported that Carrefour is looking to move about 40 stores to rental management in 2021. The 40 stores are made up of about 30 supermark...
01 April 2021
Magnit is in the middle of a business transformation programme. It is implementing six strategies to turn around its business and as it looks to support its dynamic growth strategy, and compete with other leading retailers in Russia. Since 2018 the retailer has reported an improving sales performance with a sales CAGR of 11.4% between 2018 and 2020, when compared to a 6.7% rate for the p...
25 March 2021
As part of its Capital Markets Day event in March 2021, Lenta announced it is to expand its small format network and online presence as it aims to double its revenue, to more than RUB1 tr (US$13.2 bn) by 2025. The aim is to capture a higher share of consumer spend through new channels that target a wider range of shopper missions, while still enabling it to focus on its core hypermarket business....
24 March 2021
As Carrefour expands coverage for its online store and digitalises its catalogue for YouTube in France and rewards shoppers’ good deeds in Romania, we round up news from the retailer. Carrefour adding online collection capacity Carrefour has committed to offering a Drive, Pedestrian Drive, or delivery service, both next day and withing the hour options, from 2,000 of its nearly 5,000 stores...
17 March 2021
Salling Group’s discount banner Netto has completed its acquisition of Tesco Poland , following approval from local competition authorities. The move will see Salling Group acquire 300 stores and two distribution centres. For Tesco, the exit from Poland reduces its central European business to the three much smaller markets of Hungary, Czech Republic and Slovakia. Netto’s biggest inves...
17 March 2021
As Metro AG’s local operations commit to its long-term strategy, the group launches new services to support HoReCa customers and partners with Loop to reduce single-use plastic packaging. Metro launches DISH to support HoReCa businesses As it looks to support independent restaurants, Metro’s tech division, Hospitality Digital, has launched a new tool, DISH Order. The solution plugs into res...
16 March 2021
The SPAR Austria Group announced its 2020 results, reporting total sales rose 5.6% to €16.6 bn. In its home market, SPAR Austria’s food sales increased 16% to €8.32 bn, helping it gain market share during the year and, it claims, ‘ making it the new market leader in Austria ’. Total Group sales reach €16.6 bn… SPAR Austria said all its three business divisions – food retail, sports retail a...
09 March 2021
Slovenia’s leading retailer, Mercator, has launched an online content platform, which carries videos it has produced. M Soseska (M Neighbourhood) was launched in February 2021 and offers a selection of live and pre-recorded content on cooking, lifestyle, and home entertainment. This is offered as entertainment that engages customers with Mercator’s in-store and online offer. Airing relevant an...
08 March 2021
Czech Republic-based Rohlik.cz has raised €190m (US$230m) in a financing round. It plans to use the funding to expand its footprint in its existing markets as well as expanding into new ones. Revenue +101% in FY2020 Rohlik.cz was founded in 2015, delivering to cities in Czech Republic. The retailer’s full year revenues increased by 101% in 2020 to €300m. Rohlik.cz offers a range of 17,000 p...