Central & Eastern Europe news & analysis

06 March 2019
The SPAR Austria Group, which includes operations across its home market, Croatia, Hungary, Italy and Slovenia, said its total sales rose 4.7% to €15.05bn. The performance, which includes non-grocery format Hervis and its shopping centre business, was driven by its strong growth in Austria, where it said it outperformed the market, and in its international operations. SPAR grows ‘faster than t...
06 March 2019
Portugal-based Jerónimo Martins has been setting out its short-term investment and expansion plans. The company has been discussing investment in existing operations and opportunities for entry into new markets too. CAPEX to stand at between €700m and €750m in 2019 Jerónimo Martins said its CAPEX investment plans stood at between €700m and €750m for 2019, with this set to be invested in thr...
20 February 2019
We visited three of Turkey’s leading discounters, BIM, A101, and Sok, to understand what is driving their above market growth. In this article we highlight five strategies driving their growth and helping them to attract shoppers and grow their market share. 1. Growth strategy driven by store expansion The discounters are growing faster than the market. This is due to the high number of sto...
19 February 2019
We highlight recent news from Ahold Delhaize in Europe as the retailer makes changes to its leadership teams in the Netherlands and Romania and introduces an updated price campaign in the Netherlands. Netherlands: EVP Jan van Dam exits… Local trade press reports that Jan van Dam, an EVP at Albert Heijn, with responsibility for Albert Heijn online, Albert Heijn to Go, Albert Heijn Belgium, ...
18 February 2019
The German retailer is adding new private label ranges, entering new categories, and raising the profile of its fresh food offer. It is also launching a new ranging strategy to give shoppers more choice and with sustainability in mind. We look at some of the latest initiatives it has launched, so far, in 2019. Kaufland is doing good with new sustainable food range… Kaufland is offering more...
13 February 2019
Germany-based Metro has reported its first quarter results saying total sales fell by 0.6% to €8.0bn. Metro said in local currency terms sales had risen by 2.1%, with the fall in sales ‘ due to the negative development of the Russian and Turkish currency ’. However, the company was able to report that like-for-like sales had risen by 2.3% during the period, with it noting this was ‘ mainly driven...
13 February 2019
We round up the latest developments from leading Nordic retailers as they invest in supermarkets, convenience, online and foodservice. Norway: NorgesGruppen’s MENY tailors formats with 'Gourmet' and 'Urban' offer NorgesGruppen’s MENY supermarket banner is launching two new internal classifications for its MENY supermarket banner. Internally, formats will be classifed as 'Gourmet' and 'U...
13 February 2019
France-based Leclerc said its sales (including VAT but excluding petrol) increased by 1.5% to €37.75bn in its 2018 financial year. The retailer said its Drive stores underpinned performance, with its grocery-focused bricks and mortar sites showing limited growth in sales. Drive underpinning performance Leclerc said sales rose by 6.9% at its Drive stores, a slow down on the 10.3% increase in...
13 February 2019
Russia’s retail market in 2018 faced stagnant household incomes and food price inflation. This led shoppers to become more economical with their spending. As a result, retailers had to compete more for their share of spend in groceries, which has led to a slowing in real sales growth rates. We look at the 2018 full year results and highlight how the leading Russian retailers managed in the fac...
12 February 2019
Hungary’s competition authority (GVH) has approved MediaMarkt’s acquisition of Tesco’s electronic business in nine of its stores. Although this impacts a small number of its 112 hypermarkets in the country, there are clear benefits to be gained by both retailers. Repurposing store space is already part of Tesco Central Europe’s strategy… Matt Simister, Tesco Central Europe CEO, announced ...