Central & Eastern Europe news & analysis

11 January 2013
Rewe Group has announced plans to continue to invest in its operations in Austria, while it has also revealed an intention to rebrand its Penny XXL banner in Romania. Investment to continue in Austria According to reports in WirtschaftsBlatt, Rewe’s Austria-based supermarket division, Billa, will invest €100 million in refurbishing 100 stores and adding 30 more. At the same time, the compan...
10 January 2013
Russian retailer, Magnit, has announced double digit sales growth in its preliminary unaudited results for 2012 An encouraging year for Magnit The sales, of RUB 448,486m, reflect an increase of 33.6% compared to 2011. The retailer has consistently reported strong results throughout the year - +33% in H1, +36% in Q3 . New stores helping drive growth An impressive store opening rate ...
10 January 2013
GPA, Casino's Brazilian subsidiary, and Intermarche Poland are both expanding through the Drive, click and collect for grocery, concept, according to reports. Retailers investing in Drive across markets Reports state that French retailer Intermarche is preparing to launch a Drive service for grocery in Poland this quarter and GPA , Casino's Brazilian  subsidiary, began operating a Drive ...
03 January 2013
In an interview in Poslovni Dnevnik, Konzum's chairman, Darko Knez, has explained how the company is planning to drive sales growth by between 4% and 5% in 2013, despite difficult economic conditions in the region. 2013 set to provide challenging shopper environment Knez reflected on the fact that in 2012 Croatia suffered from another contraction in GDP and rising unemployment, while spendi...
03 January 2013
X5 Retail Group has opened a Perekrestok supermarket, in Moscow, with products marked with RFID tags. Extensive use of RFID technology According to press reports, the 'Perekrestok. Magazin Buduschego' (Perekrestok. Store of the Future) outlet opened at the end of December and is a joint venture between X5 , Sintronics, and the Russian nanotechnology company Rosnano.  The 234 sq m store ...