Europe news & analysis

04 May 2022
Marks & Spencer (M&S) launched an impressive new concept store in a former Debenhams department store site. The M&S ‘store of the future’ was opened on the Roaring Meg retail park in Stevenage on Thursday 28 April 2022. The 75,000 sq. ft M&S store overs two floors, with the food hall, women’s clothing and a beauty department on the ground floor and homeware, baby and kids wear, an opticians, a...
03 May 2022
According to a report by The Wall Street Journal, Couche-Tard and EG Group could potentially merge, with the latter valued at around US$16bn. Where do the two businesses overlap? The convenience market in the U.S is highly fragmented, with approx. 150,000 stores trading. Couche-Tard is the second largest operator with about 7,150 sites, while EG has approx. 1,700 stores. The merger could he...
29 April 2022
As discounter DIA continues rolling out its new store concept and franchise model in Spain, the company has published its Q1 2022 results, posting net sales of €1 bn in its home market, 4.2% less than a year earlier. Like-for-like sales decreased by 1.8%, while the company’s store count contracted by 4.6% compared to March 2021. A shrinking store count and market share The last few years ha...
28 April 2022
Sainsbury’s has just revealed encouraging preliminary results but warned of the impact of external challenges on the business in the year. In this article, senior retail analyst Nick Gladding highlights five areas of focus for the new financial year. Results in brief Retail sales: +3.4%, ex fuel -2.6% Grocery sales: -0.2% y-o-y (+7.6% on 2019/20) General merchandise sales: -11.9% (...
26 April 2022
Morrisons and Asda have reacted to the rising cost of living by implementing price cuts on a range of key lines to shore up the loyalty of price sensitive shoppers. Food price inflation hits shopper confidence Rising prices are a huge concern for many shoppers, eroding household disposable income with the impact being most acutely by the least well-off households. All items inflation as mea...
25 April 2022
A round up of the latest developments in quick commerce. Operators are focusing on value with Gorillas price matching Sainsbury’s Local in the UK and DoorDash launching a discounted membership scheme for students. Gopuff also names a former Amazon executive as senior vice president of its North American business. Gorillas price matches Sainsbury’s Local In a crowded sector, shoppers will...
25 April 2022
Since the launch of Shell Café in April 2021 in the Netherlands , the concept has been rolled out to other markets. We highlight the latest developments and explain what can be learned. Shell Café available in more than 10 markets  The Shell Café concept has been launched in the Netherlands, Germany, Austria, Switzerland, Belgium, France, Luxembourg, Poland, Hungary, Ukraine, Czech Republi...
21 April 2022
Carrefour reports its first quarter sales rose 9.0% to €20,239m with like-for-like (LFL) sales up by 3.4%, we look at three key takeaways from the results announcement. 1. Carrefour continues to gain market share in France, Spain and Brazil Carrefour announced it increased its sales across France, Europe and Latin America. We highlight the three countries where the retailer is gaining market ...
13 April 2022
As Tesco releases its annual results, Senior retail analyst Nick Gladding shares his initial thoughts on today’s numbers and what they tell us about the direction of travel at the UK market leader. Strong performance across the group drives sales and profits Group sales growth of 3.0% in the year to February 2022 is undoubtedly impressive against highly challenging pandemic elevated compara...
12 April 2022
SPAR International has announced it has selected Spaaza, with the latter supporting it on the development of SPAR’s personalised loyalty and savings platform. Solution to offer SPAR’s global partners with new ways to engage shoppers SPAR International said Spaaza will help its partners globally to increase their shopper engagement ‘ through the provision of personalised offers ’. SPAR Inter...