Poland news

22 May 2013
SPAR International has reported worldwide retail sales up 2.8% in 2012, and revealed its new strategy: "Growing our future together." International expansion has always been a strategic goal SPAR's new strategy builds on its long-term objectives. It sets out the strategic objectives for 2013-2015 under three broad headings: Growing our partners - Developing a multi-format presenc...
22 May 2013
Dansk Supermarked has reported revenue growth of 4.6% for the first quarter of 2013, across all formats and countries.  Denmark shifting towards discount In Denmark , volume continued to shift towards discount stores as they benefited from more Sunday openings. Profit (EBITDA up 11.8%) was boosted by cost cutting, the turnaround of Netto in Sweden and closure of non-performing stores. ...
13 May 2013
Poland-based Eurocash has announced first quarter results, saying that it had benefited from revenue growth of 3.5%, compared to the same period in 2012. During the three month period the company said it generated sales of PLN3,863.9 million (€932.0 million). Cash and carry division drives revenue growth For the period between January and March 2013 the company said that its cash and carry di...
02 May 2013
Metro Group has reported EBIT (before special items) of €14m, compared to €-8m in Q1 2012, due to earnings improvements at Real, Media-Saturn and other areas of the business.  Group sales down slightly Group sales for the period January to March were €15.5bn, a slight decrease of 0.9% vs. the previous year. This year included three fewer trading days, and the unseasonably cold weather af...
24 April 2013
Portuguese group Jerónimo Martins has reported consolidated sales up 16% to €2.8bn in the first quarter of 2013, with Polish chain Biedronka increasing sales by 20%.  Strong like-for-likes in Poland, expansion remains priority Biedronka achieved like-for-like growth of 8.8% for Q1, with both basket size and number of visits contributing. The fresh focus rollout was completed in September...
26 March 2013
Speaking to local newspapers, the president of Carrefour Poland, Jean Anthoine, has discussed the company’s strategy for the market, potentially dispelling speculation that the retailer was set to exit. Retailer to participate in market consolidation Anthoine was quoted as saying that Carrefour wanted to be actively involved in the consolidation of the market and would be targeting the acqu...
07 March 2013
Carrefour revealed solid full year sales of €76.8bn, a 0.9% increase year-on-year, but there's hard work ahead to drive growth in 2013. Reducing its debt by divesting of operations in non-core markets and seeing more than three-fold increase in net profit to €1.23bn marks the start of a new strategic phase for the retailer. Improvements in the domestic market In France Carrefour delive...
07 March 2013
Following solid full year results, CEO Georges Plassat has outlined Carrefour's plans as strategy transitions from review and refocus into action. Investment: how Carrefour plans to reinvigorate larger stores Carrefour's strategy of review and refocus has seen the divestment of operations in five markets over the year. Combined with a drive towards greater operational efficiency, ...
06 March 2013
Jerónimo Martins has confirmed that, despite a slowing in the pace of sales growth in Poland, it is aiming to expand its Biedronka chain in the market in 2013. Number of stores opened to accelerate in 2013 In 2012 the company added 263 new stores in Poland , but stated that it was looking to add at least 290 in 2013, as part of its aim to operate 3,000 stores in the country by 2015. To suppo...
26 February 2013
Speaking to local newspapers, the president of Carrefour Poland, Jean Anthoine, has discussed the company’s strategy for the market, potentially dispelling speculation that the retailer was set to exit. Retailer to participate in market consolidation Anthoine was quoted as saying that Carrefour wanted to be actively involved in the consolidation of the market and would be targeting the acquis...