Europe news & analysis

02 September 2021
After announcing plans to launch a purchasing alliance , the partnership between Casino and Intermarché officially started on 1 September. The partnership starts ahead of the 2022 trade negotiations. Auxo to focus on range of solutions… As part of the alliance Casino and Intermarché will be purchasing goods together, but also developing digital services and producing private labels. The ...
01 September 2021
We review Couche-Tard’s results for the quarter ending 18 July 2021. Key numbers: total revenue up 39.8% to US$13.6bn Q1 merchandise and service revenues up 5.4% to US$4.1bn Same-store merchandise revenues up 5.9% in Europe and other regions (including Hong Kong), -0.2% in the U.S and -9.6% in Canada Q1 road transportation fuel revenues up 51.7% in Europe, 65.5% in the U.S and 68.1...
31 August 2021
ELO, the new name for Auchan Holding, reported H1 revenue fell by 0.5%, at constant exchange rates, to €15.11 bn. However, its EBITDA rose 12.5%, again at constant exchange rates, to €757m, with its margin reaching 5.0%, up from 4.4% in the same period in 2020. In relation to Auchan Retail, turnover fell 2% on a like-for-like basis, excluding petrol and exchange rate effects, but including a 0...
24 August 2021
After a period of comparative inactivity, loyalty programmes are coming back into focus as retailers look to collect data to support long-term growth. However, short-term demands are coming increasingly into focus as retailers look to keep the new shoppers they gained during the pandemic. In this article we look at three schemes that standout and where programmes could go in future. Loyalty sc...
24 August 2021
Tesco announced it has completed the roll out of its soft plastic recycling scheme, available in all large Tesco stores. Shoppers can recycle their soft plastics, which are not commonly collected by local councils for recycling.   What can shoppers recycle? The soft plastic recycling scheme allows shoppers to recycle: Clear film used to wrap packaged meat and fish Crisps packets ...
23 August 2021
WorldFirst, an international business payments provider, has formed a partnership with Alibaba.com, Alibaba’s B2B marketplace, to help UK-based small and medium-sized enterprises (SMEs) bolster their digital presence and expand their sales internationally. Help UK SMEs access Alibaba’s platform and services WorldFirst will help British sellers gain access to the 15 million buyers from over ...
18 August 2021
The UK government’s Plastic Tax will target manufacturers who use less than 30% recycled plastic in their plastic packaging from April 2022. The tax is anticipated to impact 20,000 manufacturers and importers of plastic packaging. About the Plastic Tax The Plastic Tax will be a new tax that applies to plastic packaging manufactured in, or imported into the UK, that does not contain at least...
17 August 2021
El Corte Inglés has launched its Toys that Care for the Planet shop-in-shop in 70 stores, as Lidl Spain opens its largest urban store in Madrid. Separately, Sánchez Romero has expanded the reach of its online channel nationwide, while Consum reveals its achievement of reducing sugar, salt, and saturated fats in its private label range and, finally, Gadisa announced its sales grew 9.9% compared in...
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...