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Tesco has been reporting slow revenue growth, with little to no profitability across its business in central Europe since at least 2017. The retailer has already disposed of much of its business in Asia, putting up for sale its Southeast Asian business, and withdrawing from its joint venture in China. Potentially, the retailer is looking to sell more low performing parts of the organisation to improve its sales performance and profitability.

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Auchan has released first half results which it says show a ‘ significant improvement in profitability ’, which has been helped by the implementation of its Renaissance initiative. The retailer reported that while total sales fell by 1.8%, group EBITDA increased by 14.9%, with its EBITDA margin reaching 5.6%. Revenue growth seen in most markets Auchan reported revenue fell by 1.8%, at curre...
Tesco has reported a huge increase in sales for the 13 weeks ending 30th May 2020 as it responded impressively to the unprecedented challenges of the COVID-19 pandemic. Key figures Group sales: +8.0% (+7.9% LFL) UK sales: +9.1% (+8.7% LFL) inc. online +48.5% ROI sales: +19.7% (+20.5% LFL) inc. online +50.9% Booker: +6.1% (+0.6% LFL) inc. online +106.3% Central Europe exc. Pol...
SPAR Sri Lanka announced an expansion for its online channel, introducing 14 new delivery locations across Sri Lanka. Meanwhile, SPAR Austria has introduced sustainable packaging to selected private label products. Separately, SPAR Hungary has launched sustainable products at 34 INTERSPAR hypermarkets, as well as its online channel. Finally, SPAR Italy confirms it has completed the acquisition...

Presentations

21/09/2020
Aldi Süd is expected to generate an additional €14 bn in sales globally between 2020 and 2022. We review its strategic priorities, the sales outlook to 2022 and the impact of COVID-19 on its model.
01/07/2020
We continue the private label series, looking at the five ways retailers are developing private label globally in 2020 and the impact this has on manufacturers and suppliers. This presentation looks in more depth at rapid response to consumer needs and how this has been accelerated by COVID-19.
16/03/2020
In this insight presentation we look at the BIGS buying group, its members and strategy.
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This in-depth guide to Hungary explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

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