Europe news & analysis

20 June 2022
Amazon is set to launch in Belgium in September, as reported by Business Insider. Set to launch by September According to leaked documents, Amazon will launch in Belgium in late September 2022. It also plans to launch in four other markets by early next year: Chile, Colombia, Nigeria and South Africa. Amazon will launch its marketplace in Belgium, with Amazon’s Prime membership scheme ex...
20 June 2022
Following Tesco discussing shifts in shopper spending in its Q1 results , we look at two promotional and value-focused campaigns in the UK. Sainsbury’s adds further products to Aldi price match programme Sainsbury’s has expanded the number of products covered by its Aldi price match programme. The company said it had extended the scheme to cover its top 20 highest volume items, which wil...
17 June 2022
Carrefour operates over 13,000 stores in nine different markets. The Carrefour group continues to expand its operations and partners to provide quick commerce and food delivery services. Carrefour Brazil revealed it completed the acquisition of Grupo Big in Brazil. Meanwhile, Europe’s leading q-commerce Flink SE purchased Cajoo, who partners with Carrefour to supply its private label and other ex...
16 June 2022
Spain’s market leader and one of Europe’s most admired retailers, Mercadona is increasing its commitment to its markets Spain and Portugal. We have identified five ways it continues to develop to stay ahead of the competition. 1. Mercadona betting big on its online expansion plan Although online has been a lower priority for the retailer over the past decade, like many retailers the pandemi...
14 June 2022
Announcing its strong first half results, Pepco has underlined the challenges it is seeing emerge in the UK as the cost-of-living crisis impacts on shopper spending. Group revenues rise 18.9% in H1… Across all its operations in Europe, Pepco reported revenues rose 18.9%, on a constant currency basis, to €2.37 bn. Store growth remained a key driver of this growth, with store numbers rising 1...
14 June 2022
SPAR International published its 2021 annual report with a 3.3% growth on global turnover at €41.2 bn, even better against 2019 at +10.7%. Europe’s dominance continues Europe’s responsible for 80% of the global turnover of the SPAR business, reporting positive year on year growth. Western Europe took €25.6 bn in 2021 which was +1.8% year on year and +13.4% vs 2019. Other European markets in...
13 June 2022
Following last week’s IGD Tesco Trade briefing, during which Tesco highlighted the importance of enhanced collaboration to drive efficiency and mitigate the cost-of-living crisis, it has come to light that Tesco is trialing increased levels of palletisation in at least one of its stores to assess how this might impact instore productivity.   The merchandising of products on pallets is, of cour...
09 June 2022
We round up three developments in the market as Tesco receives clearance for its purchase of Joyce’s Supermarkets and SPAR South Africa announces its first half results, discussing BWG’s performance. Tesco receives clearance for Joyce’s acquisition After announcing its intention to purchase Joyce’s Supermarkets in November 2021, Tesco Ireland has received clearance from the country’s Co...
07 June 2022
With estimated sales of €12.5 bn in fiscal 2021, El Corte Inglés has begun to recover following the aftermath of the pandemic, posting sales growth of over 20% on 2020’s figure. The results are, however, still far from the retailer’s pre-pandemic sales of €15.3 bn in fiscal 2019. El Corte Inglés continues to be affected by the poor performance of several of its businesses, particularly the Via...
01 June 2022
The region of Madrid is Spain’s most affluent, boasting per capita income of €32,000, over 35% higher than the national figure of €23,700 (in 2020). The thriving Madrid economy has created an attractive market, which continues to draw investment from nearly all the country’s largest grocers. Retailers continue to perceive the region as a key market in which to showcase their advances, in terms of...