Central & Eastern Europe news & analysis

22 May 2019
Netherlands-based SPAR International reported sales rose 5.4% globally to €35.8bn. The organisation said entry into four new markets, the addition of 335 new stores and the continued focus on its ‘Better Together’ strategy had underpinned the pace of its growth. 2018 ‘an exceptionally strong year for SPAR’ Discussing the results, SPAR International’s managing director, Tobias Wasmuht, descr...
22 May 2019
Dino Polska reported a 22.7% year-on-year growth in revenue to reach PLN1,560m (US$406m) in the first quarter of 2019. This comes off the back of a robust growth strategy to improve its trading position with suppliers and effective in-store initiatives to attract store footfall. Retailer continues with dynamic growth rate… The retailer grew faster than the market of around 5.5% in Q1 2019...
14 May 2019
We visited Kaufland stores in Krakow, Poland, to look at its latest developments in the country. We were impressed by the initiatives it was taking to create a more relevant range for shoppers and to help it differentiate itself from the competition. 1. Retailer partnering with start-ups to develop new products Kaufland allocated a gondola-end for new product developments from several start...
14 May 2019
Schwarz Group released its financial year 2018/19 results, reporting a strong sales increase of 7.4% to €104.3bn. The growth was driven by Lidl and the group’s international operations. Lidl’s turnover increased by 8.8% to €81.2bn while Kaufland’s sales grew by 1.6% to €22.6bn. Tönsmeier Group, the waste disposal company acquired in 2018, generated sales of €500m. According to Schwarz Group’...
07 May 2019
The three leading Russian retailers X5, Magnit and Lenta reported above market sales growth for the first quarter of 2019. Russia’s Ministry of Economic Development lowered its forecast growth of total national retail sales for 2019 from 1.7% to 1.6%. This is significant drop from the 2.8% growth rate reported in 2018. The three retailers continue to consolidate the market as they grow sales at...
03 May 2019
ICA released its first quarter results, reporting consolidated net sales increase of 2.8% to SEK28,098m (€2.7bn) and net profit of SEK813m (€77.4m). Sweden and Lithuania continue to be the markets where the group experiences the strongest growth. Sweden: net sales +2.2%, driven by prices at retail and volumes at wholesale In its home market, ICA reported consolidated sales of SEK19,793m (€...
30 April 2019
Both companies reported a decrease in group net sales during the first quarter. From a retail point of view, Kesko said it performed much better and gained market share, thanks to growing in-store traffic and strong online sales. Kesko’s retail sales grow by 1.5% Kesko released its first quarter sales, reporting net sales of €.,4bn, with like-for-like sales decreasing by 0.6%, partly due to...
16 April 2019
As Carrefour looks to improve the experience for shoppers of its hypermarkets on a global basis, we round up developments from country operations as they look to make its largest store relevant for today and in the long term. Carrefour trialling Quitoque click and collect concept Using the Quitoque recipe box solution, Carrefour has launched a trial of a click and collect solution at five s...
16 April 2019
As part of its ongoing strategy of improving the experience it offers shoppers, Lidl is investing in different payment solutions across countries in Europe. These include scan and go and self-checkouts. Reducing queuing times in Paris Lidl is testing, in one of its stores in Paris, a scan and go app, called SHOP&GO, to cut queuing time at tills. The app is already in use in Portugal and if ...
11 April 2019
Reitangruppen has reported its 2018 results, with REMA 1000 discount turnover increasing by 4.8% to €7.3bn, while Reitan Convenience turnover increased by 1.4% to €1.7bn. REMA 1000 turnover increased by 4.8% to NOK 70.2bn (€7.3bn) REMA 1000 turnover including franchises increased by 4.8% to NOK 70.2bn (€7.3bn). Operating profit increased by NOK 243m to NOK 1.9bn (€197.9m), which represents ...