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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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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...
Jerónimo Martins has announced plans to expand into three new countries with two of its banners: Biedronka and Hebe. Biedronka is anticipating entering Romania and Hebe is planning to enter Czech Republic and Slovakia, with the latter’s expansion planned for late 2020. The group claims it will invest €750m to reinforce its 2019 activity. Pingo Doce’s short term investment plans Portugal-bas...
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 ...

Presentations

16/03/2020
We look at Lidl's strategic priorities to reinforce its position as the leading European retailer. It is winning share thanks to its rapid expansion and by putting sustainability and shoppers at the heart of its strategy.
11/03/2020
This guide to Slovakia explores the key trends in grocery retail, the outlook for the country’s differing channels over the five year forecast period and the growth strategies of its leading retailers.
18/02/2020
Rewe is the second largest grocery retailer in Germany and is the market leader or number two grocery retailer in many of the countries it operates in. In this presentation we review Rewe’s outlook for the next five years, as it continues to develop a future-looking strategy to remain competitive and grow across its markets.
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Key presentation

This in-depth guide to Slovakia explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

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