Europe news & analysis

10 August 2022
Intermarché, part of the Os Mosqueteiros group, has invested in store growth and is expanding its private label range in Portugal. New stores with a fresh feel Since the start of the year, six new stores have opened in Portugal under the Intermarché banner. This includes the renovation of its largest store in Abrantes. The new stores are strategically positioned to expand its customer base....
10 August 2022
Ahold Delhaize shared its positive results globally as well its outlook for the rest of 2022. The US continues with it’s strong growth and Europe bounces back with better growth Q2. Key Figures: Q2 net sales €21.6bn (+6.4%) H1 net sales €41.2bn (+5%) Comparable sales growth in Q2 was +4.2% and H1 +2.7% US Q2 growth 7.7%, comparable sales at +6.4% Europe Q2 growth 4.2%, compar...
10 August 2022
We round up sustainable initiatives from Morrisons, Waitrose, and Sainsbury’s. Morrisons launches carbon neutral eggs Morrisons has launched a private label range of carbon neutral eggs under the Planet Friendly Eggs brand, becoming it claims the first supermarket to do so. The step is part of the retailer’s aim to be directly supplied by ‘zero emission’ British farms by 2030. The eggs come...
08 August 2022
Lidl is well on the way to achieving its REset Plastic goals and is rolling out Rescue Bags across Germany to reduce food waste. Excellent progress towards 2025 plastic usage targets The Schwarz group set ambitious targets for 2025 as part of its REset Plastic goals. Already though, great progress has been made by Lidl in the last financial year: 18% less plastic used across its netwo...
04 August 2022
The development of the Asda Rewards loyalty scheme looks to be gathering pace. Following a move that saw the trial initially extended to the end of July 2022 and expanded into Edinburgh, Newcastle, Yorkshire and Birmingham, Asda Rewards is now available nationwide through around 300 stores – just short of half of the retailer’s estate. The scheme is also available to online customers in selected ...
29 July 2022
We review Amazon’s second quarter results and the outlook for the year ahead as it continues to take costs out of the business. Q2 key numbers Total net sales increased 7.2% to $121,234m Net product sales decreased 2.5% to $56,675m Net service sales increased 17.4% to $64,659m Operating income fell from $7,702m to $3,317m year-on-year Net income fell to -$2,028m, compared to ...
29 July 2022
Casino Group has reported positive sales growth in Q2 to record a turnover of €15.9 bn in H1 2022, up 9.8% against H1 2021. Trading profit however has fallen 13.4%, to €380m in H1 2022. France: Convenience drives the recovery as tourism returns Net sales in French retail for H1 2022 saw a 1% increase YoY, as it reported sales of €6,935m. The retailer will be buoyed by a return to sales grow...
28 July 2022
Carrefour reports a strong performance in a challenging environment and confirms its consolidated net sales in the first half of 2022 rose 13.2% to €39,054m with like-for-like (LFL) sales up by 5.4% compared to H1 2021. Source: Carrefour Carrefour France: positive Q2 sales performance The group revealed its consolidated Q2 sales increased by 17.2% to €23,078 and LFL sales increased by ...
27 July 2022
Jerónimo Martins has announced its H1 2022 results, revealing a strong sales performance across all countries where it operates, Colombia, Poland, and Portugal. Sales performance Jerónimo Martins’ Q2 consolidated sales increased by 24.5% to €6.4 bn compared to Q2 2021. The groups consolidated H1 2022 sales reached €11.9 bn an increase of 20%, compared to H1 2021. Group EBITDA increased by 19....
27 July 2022
Loop has announced that its one-year trial with Tesco is set to end. Announcing the trial’s end Loop said that ‘ Tesco has decided to end the trial to reflect on the insights collected. This means the reuse area will soon be removed from your Tesco store .’ Customers with Loop packaging have until 31 October to return their packaging to one of its return points. Loop highlights positive custom...