Poland news

24 January 2020
France-based Carrefour said total sales, at constant exchange rates, rose 2.5% to €21.7 bn in its fourth quarter. Its performance in its home country, which were accentuated by market conditions, held back its overall growth, offsetting positive results in Europe, especially Spain, and Latin America, especially in Brazil. France: results affected by market conditions Carrefour reported tota...
22 January 2020
Jerónimo Martins has announced its preliminary sales results for 2019. The retailer revealed positive results across all countries where it operates; Colombia, Poland and Portugal. The retailer claims its strong preliminary sales growth provided it with the confidence to continue to drive forward and invest in 2020. Positive preliminary results Jerónimo Martins’ consolidated sales grew to €...
17 January 2020
The Polish grocery market looks like having a healthy year to come for shoppers. This is likely to come at the expense of retailers in the country, who will have to face up to on-going challenges. Some retailers, like Tesco, continue to struggle to halt their declining sales, while Biedronka and Lidl outgrow the competition and gain further share in the market. These developments are occurring...
09 January 2020
Tesco has delivered a solid performance in a challenging UK market and continued to progress major changes to its European and Asian operations. Headline LFL results     Q3: 13 weeks to 23 Nov   Christmas: 6 weeks to 4 Jan Combined: 19 weeks to 4 Jan UK -0.4 +0.1 -0.2 ROI +2.0 +1.9 ...
11 December 2019
As it looks to evolve and innovate in key markets in Europe, Carrefour has revealed new solutions in France and Poland. New third-party brands to be added in hypermarkets Trade publication Lineaires has said Carrefour is to trial new shop-in-shop solutions at its hypermarkets in France. The brands set to be trialled are Cash Converters and Pacific Pêche. The reports suggest that while the t...
04 November 2019
As part of its aim to create an omnichannel universe of reference, Carrefour is investing heavily in its ecommerce and digital channels. As part of this it is looking to encourage further shoppers online and drive growth in specific categories. We round up developments from the retailer as it looks to meet this aim across its operations in Europe. Carrefour to take advantage of Singles Day ...
29 October 2019
Gruppo 3A partners with Despar Italia to expand its operational plans. Separately, Carrefour partners with Coldiretti to promote 100% Italian products in Italy and internationally. Meanwhile, Supermercato24 acquires Poland-based Szopi to accelerate its regional expansion strategy. Gruppo 3A partners with Despar Italia From 1 January 2020 Gruppo 3A will partner with Despar Italia. The partne...
28 October 2019
Jerónimo Martins has announced a positive sales performance for Q3 2019.   Positive Q3 results Jerónimo Martins’ consolidated sales increased by 8.7% with like-for-like (LFL) performance of 6.2%, in Q3 2019. Group net profit increased 3.5% to €302m, despite the impact of the additional Sunday closures in Poland. Net profit in Q3 2019 grew 8% compared to Q3 2018. Division performance J...
22 October 2019
Carrefour has reported third quarter results saying gross sales rose 1.5%, at constant exchange rates including petrol, to €20.2 bn. Group like-for-like sales, excluding petrol and calendar effects, rose 2.3%. While there were positive elements, with strong growth in Poland supported by a return to like-for-like growth in Spain, these were offset by the retailer’s continuing challenges in France ...
02 October 2019
At its H1 results presentation, Tesco has shared new detail about the restructure of its Polish operations, its largest business in central Europe. Speculation on Tesco Poland sale quashed with more restructuring plans The restructure plan builds on Matt Simister’s, (Tesco Europe CEO’s), recently completed  three-year transformation programme that focused on reducing the size of its larger...