France news 

Netherlands-based pure ecommerce retailer Picnic has raised further funding as it looks to expand in its existing markets of Netherlands, Germany, and its more recent entry of France. Picnic raises €600m in series D fundraising round The retailer raised €600m as part of its series D fundraising round, with investment coming from four organisations, including the Bill & Melinda Gates foundat...

As Carrefour receives sign off for its acquisition of Bio c’Bon in France, expands its presence in the convenience channel and enjoys strong growth in Spain, we round up news from the retailer. Carrefour required to sell eight stores to complete Bio c’Bon acquisition Following its announcement to purchase Bio c’Bon and notification of the Competition Authority, Carrefour has received si...

Retailers prepared for a strong back-to-school season in 2021, with Mastercard SpendingPlus projecting retail sales would grow by 12% during the back-to-school period (August 16 to September 19) compared to 2019. In our Back-to-school, 2021 report we explore back-to-school initiatives globally and highlight five key themes. Below are three standout in-store back-to-school campaigns we...

Europe’s largest retailer is accelerating its sustainable transformation. While many of the developments are not unique in the retail industry, the size and scale of Lidl means these solutions could contribute to make it a leader in Europe in terms of sustainability. We look at some of its latest developments in the region. Tighter plastic reduction targets through Reset Plastic strategy In...

Our latest research provides recommendations on how you should prepare for energy transition in convenience retail. Available to IGD Retail Analysis subscribers: The future for forecourts in Europe Below are some of the key highlights… Looking for more insight? Retail Analysis subscribers can read more here: Your guide to convenience...

As Carrefour looks to build on its momentum in France it is planning to launch its own quick commerce service, while it is trialling a subscription service, for potential nationwide roll out in 2022. Carrefour to trial subscription service until the end of 2021 The retailer has said between September 20 and the end of the year shoppers will be able to sign up to its subscription service, Ca...

As Carrefour and Cajoo confirm their partnership in France and Carrefour expands its quick commerce solutions in Belgium and Romania, we look at the retailer’s developments in the channel. Carrefour participates in recent Cajoo fundraising Cajoo has raised a further US$40m from investors, a list that included Carrefour alongside several France-based private equity companies. The investment ...

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 ...

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...

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...