Europe news & analysis

17 August 2021
Gopuff, a quick commerce pureplay in the US, has announced it has acquired Dija, marking its entrance into France and Spain, and further presence in the UK. International growth strategy Gopuff launched in 2013 and provides on-demand delivery of household products, medication, food and drink, operating nearly 450 sites across North America and Europe. This includes nearly 300 micro-fulfilme...
17 August 2021
Delivery Hero, a German food delivery giant with operations across Europe, Asia, and the Middle East, is selling its local food delivery app in South Korea named Yogiyo to GS Retail, a Korean convenience store chain. GS Retail owns a 30% stake GS Retail has confirmed that it has partnered with two private-equity firms to buy Delivery Hero’s food delivery app, Yogiyo, in a deal valued at KRW...
16 August 2021
Profi Romania continues to develop a store portfolio that caters to the different needs of shoppers. Profi’s food-to-go improving Profi is beginning to roll-out what it internally calls its ‘Monaco’ concept, bringing new value to its customers. One of the key highlights is the introduction of a fiiGO café, which offers food-to-go options such as pizza, hot dogs, pastries, and desserts. From...
16 August 2021
SPAR International has partnered with Naveo Commerce as part of its global digital transformation strategy. The partnership will provide SPAR country organisations and retailers with a fully customisable ecommerce solution. Naveo Commerce is described as an end-to-end ecommerce and fulfilment technology provider, who will support SPAR International’s attempts to assist and drive the optimisati...
11 August 2021
Finland's Kesko has grown its market share by 5% since 2014 and doubled its operating margin since that time too. Its hypermarkets and supermarkets account for 60% of grocery sales. As is the case in much of Europe, Kesko’s large stores have outperformed other physical store channels during the pandemic. Hypermarket sales grew by 13% in 2020, while supermarket sales increased by 9%. K-Citym...
30 July 2021
Asda has announced plans to expand its refill range at its sustainability store in Middleton, Leeds. The expansion will see it add over 50 new product lines to its refill zone. What brands has Asda worked with? The aim of Middleton is to help shoppers reduce, recycle, and reuse packaging, while also highlighting sustainable initiatives can be provided at affordable prices. The brands Asda p...
29 July 2021
Casino has reported Q2 results showing continued pressure in its home market, even on a two-year basis, was being offset by strength in its operations in Latin America. In Q2 2021 Casino reported total sales fell by 6.5%, to €7.3 bn, with organic and same-store sales down by 2.4% and 4.1% respectively. However, the retailer did note the high basis of comparison with Q2 2020, when lockdowns wer...
29 July 2021
Continente is expanding its partnership with Uber Eats, while Mercadona continues to grow its presence in the market. Separately, Pingo Doce has extended to its private labels with the launch of an active lifestyle range. Continente expands alliance with Uber Eats Sonae MC-owned Continente has expanded its partnership with Uber Eats, offering shoppers access to take-away meals from over 40 Co...
29 July 2021
Metro Group has published Q3 results and announced it has raised its outlook for sales and EBITDA for its 2020/21 financial year due to ‘ better than expected business development since the easing of restrictions ’. Like-for-like sales up by 15% in Q3… Metro reported total sales were up by 12.2% to €6.2 bn, while sales in local currency and like-for-like terms rose by 15.4% and 15.0% respec...
29 July 2021
Carrefour has announced Q2 and H1 results showing continued strength in several markets, especially France. At a group level, Q2 showed a sequential slowdown on Q1’s performance but was against a high comparable base in 2020. In H1 the retailer said like-for-like sales rose 3.9% to €38.3 bn. H1 highlights In the first half of its 2021 financial year, Carrefour noted several positive develop...