Central & Eastern Europe news & analysis

15 November 2018
IGD was invited to Ahold Delhaize’s Capital Markets Day in New York, where we heard directly from the retailer’s Management Board on its ‘Leading Together’ strategy. We also saw first-hand how it is ‘reimagining the Stop & Shop’ brand in Connecticut. The key highlights we took away from the event were: From ‘Better Together’ to ‘Leading Together’ strategy Target to double ...
12 November 2018
We complete our review of the trends from the Central and Eastern Europe: outlook for 2018 presentation with the third and final trend;  Retailers trialing digital solutions. Retailers test in-store retail innovations and invest in online Retailers across the CEE are investing in digital retail solutions and develop presence in the online channel or optimise in-store operations....
07 November 2018
Ahold Delhaize has reported its 2018 Q3 results, with net sales increasing by 3.6% at constant exchange rates to €15.8bn. Net income also increased by 26.7% at constant exchange rates to €459m. USA: +3.2% to €9.6bn In the USA, net sales increased by 3.2% at constant exchange rates to €9.6bn, while comparable sales (excluding gas) increased by 3%. …partially impacted by Hurricane Florence...
05 November 2018
Following the article where we looked at the first two trends shaping Central and Eastern Europe’s grocery retail market, we are going to review the next two trends - Build trust with organic and local ranges and Healthy living, healthy eating focus. Build trust with organic and local ranges Retailers look to build shopper trust in private label by investing their ranges. They are ad...
01 November 2018
We attended X5’s Capital Markets Day in London to learn about its financial performance in the first nine months of 2018 and 2019 business strategy. X5 sales performance continues to slow down… The leading Russian retailer reported an 18.9% year-on-year sales growth to reach RUB927,482 m (€12,275 m). Its revenue growth slowed down for the third consecutive quarter, decreasing from 25.5% in ...
31 October 2018
Group net and services sales grew 7.3% to reach €12.8bn in 9M 2018, with (like-for-like) sales up 3.4% compared up 9M 2017. All banners performed well and reinforced their market shares in the context of positive consumer environments and low food inflation. For FY 2018 CAPEX is expected at €700 to €750M, covering store network expansion and remodellings. 9M 2018 Performance by banner ...
30 October 2018
We look at how Auchan is expanding its channel presence in Luxembourg, Romania and Vietnam. Vietnam expands partnership with Alibaba Auchan and Alibaba have extended their partnership to Vietnam and announced plans to develop the “phygital food business” in the country. The retailer stated, "The partnership between these two companies aims to offer Vietnamese consumers a customer experienc...
30 October 2018
We look at how Carrefour is focusing on convenience, digital and store modernisation across its European operations. Poland continues its modernisation strategy Carrefour Poland has completed the modernisation of eight stores since the beginning of 2018. The retailer has updated stores in Olkusz, Ostrowiec, Plock, Starachowice and Torun. It plans to remodel stores in Biala Podlaska and Zamo...
25 October 2018
In the beginning of 2018 we laid out some of the trends to shape Central and Eastern Europe’s (CEE) grocery retail market . As we near the end of the year we review them. In the first part we highlight some of the examples that confirm our first two trends - Discounters flex new store sizes and Building shopping destination. Discounters flex new store sizes Discounters in CEE are diver...
25 October 2018
Metro Group has posted its annual results, recording sales of €36.5bn for FY2017/18. The company also reported an increase in LFL sales of +0.7% compared with last year. Wholesale LFL sales increased by +1.3%... Metro achieved LFL sales growth in Asia (+4.0%), Eastern Europe excluding Russia (6.1%) and Germany (+0.8%). However, Metro Wholesale’s total sales declined by -1.4% to €29.5bn due ...