Central & Eastern Europe news & analysis

22 January 2020
Jerónimo Martins has announced its preliminary sales results for 2019. The retailer revealed positive results across all countries where it operates; Colombia, Poland and Portugal. The retailer claims its strong preliminary sales growth provided it with the confidence to continue to drive forward and invest in 2020. Positive preliminary results Jerónimo Martins’ consolidated sales grew to €...
17 January 2020
The Polish grocery market looks like having a healthy year to come for shoppers. This is likely to come at the expense of retailers in the country, who will have to face up to on-going challenges. Some retailers, like Tesco, continue to struggle to halt their declining sales, while Biedronka and Lidl outgrow the competition and gain further share in the market. These developments are occurring...
17 December 2019
We round up news from SPAR International partners in Austria, Gran Canaria and Russia as they invest in their store network and information technology. Austria: to open 20 new SPAR Express forecourt outlets In Austria, SPAR has announced it will open 20 new SPAR Express forecourt outlets across the country, over the next 14 months. The retailer has redesigned the layout of the new stores, w...
21 November 2019
Kaufland has been rolling out its new store concept in 2018 and 2019 with some local variations to fit local needs. In one of its smallest markets, Croatia, we visited the newest store in Zagreb, Kaufland Blato, to see what stores are doing to attract shoppers. 1. Adding services to outside of the store By having the digital screen outside the store, is a modern and effective way to marke...
19 November 2019
We round up the latest news from SPAR International partners in Austria, Croatia and Greece. Greece partners with Bazaar SPAR Hellas, the SPAR partner in Greece, has formed a partnership with Bazaar S.A., a member of the Veroukas Group. Bazaar will provide logistics support and help develop new SPAR-branded stores. The partnership is expected to create economies of scale, particularly in co...
15 November 2019
Lidl continues its fast expansion both physically and digitally with new store openings and category specific ecommerce. 11,000 th store opened The discounter reached the 11,000 stores’ milestone thanks to its latest store openings in Serbia, Poland and the UK. The pace of its expansion is unlikely to slow in 2020, with strong opening plans set out for some of its major markets, such as th...
04 November 2019
As part of its aim to create an omnichannel universe of reference, Carrefour is investing heavily in its ecommerce and digital channels. As part of this it is looking to encourage further shoppers online and drive growth in specific categories. We round up developments from the retailer as it looks to meet this aim across its operations in Europe. Carrefour to take advantage of Singles Day ...
31 October 2019
In October 2019 we attended X5 Retail Group’s capital market day in London to learn about its plans for the future of the business. The retailer announced ambitious targets to double its market share to around 20% by 2029, with 50% of its revenue being generated in its digital businesses. X5’s 2029 vision is to almost double market share The retailer plans to reach a market share to 20% by ...
29 October 2019
Gruppo 3A partners with Despar Italia to expand its operational plans. Separately, Carrefour partners with Coldiretti to promote 100% Italian products in Italy and internationally. Meanwhile, Supermercato24 acquires Poland-based Szopi to accelerate its regional expansion strategy. Gruppo 3A partners with Despar Italia From 1 January 2020 Gruppo 3A will partner with Despar Italia. The partne...
28 October 2019
Jerónimo Martins has announced a positive sales performance for Q3 2019.   Positive Q3 results Jerónimo Martins’ consolidated sales increased by 8.7% with like-for-like (LFL) performance of 6.2%, in Q3 2019. Group net profit increased 3.5% to €302m, despite the impact of the additional Sunday closures in Poland. Net profit in Q3 2019 grew 8% compared to Q3 2018. Division performance J...