Europe news & analysis

08 January 2013
Belgian discounter Colruyt has appointed Marc Hofman of the Ter Beke Group as its new Chief Financial Officer. Well placed experience Hofman will take up the position from 1 April 2013 and brings with him plenty of relevant experience. Previously he has worked as an auditor with Arthur Andersen, and as CFO with SUN International Group. Jef Colruyt, CEO of  Colruyt Group commented "His expe...
07 January 2013
Coop Schweiz has reported group turnover of CHF27.8bn, up 1.5% at constant exchange rates, which it called a "pleasing result in a challenging environment." Price cuts, competition and economy affected results Coop Schweiz's turnover was up 0.3% at current exchange rates.  Price cuts of up to 8.2% in certain formats, strong competition at home and abroad, and a difficult economic contex...
07 January 2013
In its Christmas trading statement for the six weeks to 30 December, Morrisons has reported a decline in LFL and total ex fuel sales. Budget consciousness and couponing impact trading Over the period LFL sales (ex fuel, ex VAT) declined by 2.5% and total sales were down by 0.9% which Morrisons attributes to a very challenging trading environment in which shoppers were highly budget conscious ...
07 January 2013
Finlays Newsagents, a small scale CTN (confectionery, tobacco, news) operator, is converting all of its stores to its 'Bargain Booze plus Finlays' fascia following continued success with the format. Partnership strengthening the CTN offer The combined fascia was first piloted in 2007 and has brought continued benefits to Finlays. The value focused range provided by Bargain Booze has bols...
07 January 2013
Mercadona could finally open its first store outside Spain this year, according to press reports. Move has been delayed a year According to press reports, group president Juan Roig has said that 2013 will be the year in which Mercadona opens its first store outside Spain.  The move, initially planned for 2012, is likely to take the form of an acquisition which will allow Mercadona to move...
07 January 2013
Morrisons has promoted Nick Collard to the new role of group marketing and customer director as part of a wider restructuring of its marketing department. Key role to lift Morrisons performance The move follows the departure last October of group commercial director Richard Hodgson after two years in the role following the release of a weaker than expected Q3 trading statement. Collard will be ...
04 January 2013
Migros' grocery website, LeShop, has reported turnover of CHF150m for 2012, with mobile devices, DRIVE and RAIL services attracting new customers. Mobile devices driving growth Although sales in 2012 were virtually flat compared to the previous year,  LeShop's share of orders by smartphone or tablet was 23% in 2012, up from 11% in 2011.  Such devices are attracting new users; LeShop said...
03 January 2013
Waitrose has released very strong Christmas and New Year trading figures, driven by significant uplifts in volumes and customer numbers. Impressive Christmas trading Total branch sales for the period from Sunday November 4th to Christmas Eve (7 weeks and 2 days) were 7.7% higher (excluding petrol) and like-for-like sales were up by 4.3% on a year ago. Uplifts in volumes and customer numbers ...
03 January 2013
With the festive season now behind us retailers are keen to move the agenda on for the New Year with a raft of activity centring on healthy eating ranges. Sainsbury's: highlighting value and fresh credentials Sainsbury's brings together value and healthy eating with its "5 a day the basics way" initiative in which it highlights low cost healthy products from its entry level own brand ...
03 January 2013
The major players in the UK discount channel are turning to social media with increasing frequency as they experiment with new means of shopper communication to build character around their brands. The 'Poundland Christmas' board Over Christmas, Poundland offered customers the chance to win £250 through the social media site Pinterest. The site functions as a virtual pin-board, allowin...