Central & Eastern Europe news & analysis

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...
18 June 2020
Tesco announced the sale of 301 of its stores in Poland to Salling Group’s discount banner Netto. This includes the sales of two distribution centres, and it headquarters in Krakow, all valued at PLN900m (€181m). The transaction needs to be approved by the Polish Office of Competition and Consumer Protection, which will be finalised by Q4 2020. Tesco Poland sale is not unexpected news Tesco...
28 May 2020
We look at the discounter’s latest private labels developments in Europe, from premium pet food to the growth of regional labels. New range of premium and quality pet food products During summer 2020, Lidl Finland will expand its assortment of Orlando and Coshida pet food products. It will add a new line of premium products to align with shoppers’ growing expectations of choice and quality....
22 May 2020
A partnership between technology company, Zippin, Visa, Russian bank, Sberbank, and retailer Azbuka Vkusa has led to the launch of the country’s first checkout free store-in-store. The concept, named Zippin Cube, is similar to the just walk-out concept of Amazon Go in the US, but with a significantly smaller sales area. It was set up in an Azbuka Vkusa store in Moscow. The Zippin Cube ...
15 May 2020
Lidl Poland is planning to launch a new grocery ecommerce service. No launch date has been communicated yet, but it is expected to happen in 2020, with test phase start in the short term. Fully owned click and collect service Some details have been communicated to Polish trade magazine Wiadomosciosci Handlowe by Lidl Poland’s head of corporate communications, Aleksandra Robaszkiewicz, who s...
11 May 2020
Maxima Latvia will invest €50m (US$56m) in three priority areas over the next 12 months following the impact placed on the business by the coronavirus (COVID-19) pandemic. The initiatives include lowering prices, ensuring public health and sustainability and growing its store numbers. CEO: ‘we have revisited Maxima Latvia’s growth strategy’ Commenting on the new measures, Maxima Latvia’s ...
04 May 2020
Estonian supermarket Selver, owned by the Tallinna Kaubamaja Group, will acquire several stores from the ABC Group. Acquisition to grow Selver’s presence Selver will obtain 16 Comarket stores in Harju, Pärnu and Tartu counties. In addition, it will purchase two Delice supermarket food stores in Viimsi and Pärnu and a Solaris food store in central Tallinn. The deal has yet to be approved ...
08 April 2020
Tesco has released robust full year results for the year to 29 February 2020, together with an update on how it is supporting customers and colleagues through the Coronavirus (COVID-19) crisis. Headline results (actual exchange rates, 52 week change) Group sales: -0.7% to £56.5bn UK & Ireland sales: +0.1%, +0.2% LFL Tesco UK: -0.6%, -0.3% LFL Booker sales: +5.0%, +3.3% LFL Ce...
27 March 2020
In reaction to the Coronavirus (COVID-19) pandemic, Polish retailers and the government have started implementing several measures to slow the spread of infection. Retailers supporting health workers… Aldi has set aside staffed and self-service checkouts for health workers and public service employees only in all its stores. This will allow them to pay for their purchases without standing i...
27 March 2020
The EU has instructed member states to take steps to improve the flow of goods across borders during the Coronavirus crisis. Border crossings must now incorporate “Green” lanes, which will allow freight of all kinds to pass with minimal delay or discrimination. Crossing a border should take no more than 15 minutes. States are also urged to suspend other measures which might disrupt the fl...