Central & Eastern Europe news & analysis

21 September 2020
Novus has announced plans to acquire Billa’s store network in Ukraine (in September 2020). Rewe’s decision to exit the Ukraine does not come as a surprise, with Billa reporting below market growth between 2016 and 2019, at less than 4% annually. In the past, Rewe has withdrawn its Billa brand from markets where it underperformed, such as Croatia and Italy, to improve its profitability and to focu...
15 September 2020
As Carrefour continues to drive change across its operations in Europe, we round up developments from France, Belgium, Italy, Poland, and Spain. Carrefour France enjoyed a good summer In an interview with local trade publication LSA, the managing director of Carrefour France, Rami Baitiéh, discussed the retailer’s performance over summer 2020, given the challenging operating environment. Ba...
11 September 2020
We visited one of the first two Action stores in the Czech Republic that opened on 1 September. It marked the eighth market entry for the variety discounter. Standard model and modern design The standard model has been rolled out in the country: 6,000 products offered at low prices including 1,500 at a price point below CZK25 (€1). But Action continues to improve the overall design of its s...
09 September 2020
Tesco has been reporting slow revenue growth, with little to no profitability across its business in central Europe since at least 2017. The retailer has already disposed of much of its business in Asia, putting up for sale its Southeast Asian business , and withdrawing from its joint venture in China . Potentially, the retailer is looking to sell more low performing parts of the orga...
02 September 2020
On 27 August, variety discounter Action opened its first two stores in Czech Republic. It now operates in eight countries in Europe, with new market entries potentially following in 2021.  On 1 September it also opened its second import hub, at Wroclaw in Poland, strengthening its supply chain operations in central Europe. Eighth market entry The COVID-19 pandemic has only slowed the expans...
30 July 2020
Schwarz Group reported a net sales increase of 8.6% to €113.3 bn for its financial year 2019/20. Lidl posted one of its strongest growths in the recent years with net sales up by 9.5% while Kaufland sales grew by 4.5%. The group maintained its expansion pace with 400 store openings, similar to 2018/19, reaching 12,500 stores in 33 countries. Lidl: sales growth accelerates The discounter ...
30 July 2020
Carrefour reported Q2 results as like-for-like (LFL) sales increased by 6.3%. The strong results were driven by the good performance and omnichannel strategy in most markets including Spain, Belgium and Brazil. Q2: atypical activity due to COVID-19, convenience +19.0% LFL The multi format and omnichannel model confirmed its resilience and adaptation to the various shopper needs during the d...
29 July 2020
Another market entry for the hard discounter Mere, part of Svetofor owned by Russian retail group Torgservis. The new store opened in the city of Czestochowa in Poland on July 25. Fourth European market entry Svetofor currently operates more than 1,500 stores across Russia, Kazakhstan, Belarus and China. In Europe it opened its first stores under the banner Mere in Romania in 2018, then ent...
20 July 2020
As Auchan partners with Glovo for four European markets and extends the reach of its click and collect services in Poland, we round up news from the retailer. Auchan signs partnership with Glovo Auchan, after a trial with the delivery company in Portugal and Ukraine, has said it is set to formalise its partnership with Glovo in the two countries and extend it to Poland, and Spain. The trial...
19 June 2020
The discounter, owned by Russian retail group Torgservis, has opened its first store in Lithuania on 15 June 2020. Limited assortment and very low prices The first store opened in Kaunas, the country’s second largest city. For now, the discounter only offers a very limited range of products with prices 20% cheaper than the market on average. Mere stores have a very simple and efficient conc...