Central & Eastern Europe news & analysis

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...
26 March 2020
In response to the Coronavirus (COVID-19) pandemic, EU antitrust regulators have relaxed the competition law for suppliers to coordinate the distribution of scarce products. The competition law normally forbids retailers from exchanging information on their stocks, prices and sales under rules that target illegal cartels. However, the pandemic may require cooperation from retailers to ensure the ...
16 March 2020
VkusVill appeared on the international retail radar following its announcement in March 2020 that it plans to enter the Netherlands and France. The retailer has managed to grow fast, reaching the highest ranks of the Russian grocery retail market, and now has ambitions to expand internationally. We investigate the strategies that have enabled VkusVill to sustain double or even triple-digit sto...
10 March 2020
France-based Auchan announced its 2019 full year results, saying revenue at its Retail division fell by 1.4%, at current exchange rates, to €45.8 bn. It noted that revenue had increased in nine countries where it operates stores, but declined in France and Russia. The numbers… By division, Auchan said its Retail had seen: Total sales: fell by 1.4%, at current exchange rates, to €45....
28 February 2020
Jerónimo Martins has announced plans to expand into three new countries with two of its banners: Biedronka and Hebe. Biedronka is anticipating entering Romania and Hebe is planning to enter Czech Republic and Slovakia, with the latter’s expansion planned for late 2020. The group claims it will invest €750m to reinforce its 2019 activity. Pingo Doce’s short term investment plans Portugal-bas...
20 February 2020
The retailer has launched the Kaufland Card in the Czech Republic and expanded the coverage for its Glovo home delivery service in Romania. These steps illustrate the retailer’s interest in investing in several initiatives to attract shoppers by improving its value proposition or by adding convenient services and solutions. Kaufland Card introduced to second market The Kaufland Card was lau...