Central & Eastern Europe news & analysis

21 March 2019
BIM, A101 and Sok were the fastest growing leading Turkish retailers in 2018. The discounters were able to grow dynamically in a high inflation economy, at a rate of between 10% and 25%. Whereas, multi-channel retailer, Migros has improved its profitability. BIM, A101 and Sok lead growth because they are in the best position to offset inflation The three retailers have a high share of ...
15 March 2019
We round up the latest format developments from Ahold Delhaize. The retailer is continuing the next phase of the Food Lion roll out in North America. Meanwhile it has acquired ten stores and has launched a new restaurant concept in Romania. USA: Food Lion invests €158m in 92 store refurbishments As part of its ongoing ‘Easy, Fresh and Affordable’ strategy, Food Lion is remodelling 92 stor...
11 March 2019
France-based Auchan said in its Retail division, revenue had fallen by 3.3% at current exchange rates (0.5% at constant exchange rates) to €50.3bn. It said on a like-for-like basis revenue fell by 2.4%. Revenue dropped in every region in which Auchan operates. France: revenue fell 1.3% Auchan said in FY2018, revenue fell 1.3% in its home market. It said it was affected strongly by the ‘yell...
11 March 2019
France-based Les Mousquetaires said its total sales rose 5.9%, excluding fuel, and by 7.7%, including fuel, across its operations in Europe. The organisation was able to report a positive performance at all its divisions, with its retail brands generating sales of €40.5bn, including fuel, and its agribusiness division producing €4.0bn. Good performance at a group level Les Mousquetaires sai...
07 March 2019
As Auchan looks to drive its Vision 2025 strategy faster it has announced operational changes in France and the launch of Horizon International Services. Meanwhile, at a local level it continues to evolve its channel presence, driving growth in its small store estate and with its online fulfilment. Horizon International Services is officially launched Following approval from the relevant co...
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...