Colruyt news

Announcing its 2015/16 half year results in December 2015 Colruyt highlighted initiatives that were helping to drive growth through its retail division. Following further recent statements from the retailer we look at how it is building on these strengths to help it compete in Belgium. 1. Invest in meat offer The retailer’s fourth generation Colruyt store has put further investment into the...

As Amazon launches Prime in Belgium, Colruyt collaborates with OCMW and the city of Kortrijk to spotlight how families can create affordable, healthy meals and Bol.com in Belgium gets a new director for the country. Amazon Prime launched in Belgium Amazon has extended the reach of its Prime offer to Belgium. For an annual subscription of €49 shoppers will be able to benefit from the scheme,...

In separate announcements, Colruyt has spotlighted its growth opportunities in its home and existing markets, both with its core brand and new banners like Cru. Expansion in Belgium to continue In an interview with De Tijd the retailer’s chief executive, Jef Colruyt, said that it remained focused on adding new stores in Belgium and that attractive growth opportunities remain in the countr...

With SPAR International’s global strategy aimed at growing its partners and embedding multi-channel capabilities, we look at developments from its operators in Belgium (Colruyt) and Hungary (SPAR Austria), who are driving forward these initiatives. Colruyt opens first new generation SPAR in Belgium SPAR’s partner in Belgium, Colruyt, has opened its first store to incorporate its latest thin...

Belgium-based Colruyt Group has announced first half results saying revenue rose by 2.9% to €4.5 bn, driven by ‘ higher sales volumes, expansion and slight sales price inflation ’. The company said that its performance had enabled it to grow its market share in Belgium, underlining the importance of its continued focus on offering the lowest price in the market. Retail division driving perform...

Following on from the publication of its annual report and speaking at its AGM, Colruyt’s chairman, Jef Colruyt, said the retailer will maintain its growth by focusing on its existing and well embedded strategy, while trialling new initiatives to keep costs low and attract new shoppers. Existing operating environment expected to remain in short term In its upcoming financial year Colruyt s...

Speaking at an event organised by trade publication Gondola, Colruyt’s purchasing director, Christophe Dehandschutter, has said that branded and private label suppliers need to collaborate more in saturated markets like Belgium to make sure that both sides can win. Brands and private labels should be able to win Dehandschutter went on to say that he believed that private label strategies wo...

Despite the difficult market conditions, Colruyt said it grew revenues 3.1% in its 2014/15 financial year by focusing on its core strategy of lower prices, range simplification and making its stores easier to shop. In recent weeks it has announced developments that will help the retailer maintain this progress in its 2015/16 financial year. Colruyt, and other CORE members, to join Alidis retai...

Conad, Colruyt and Coop Schweiz have joined buying group Alidis, a development that leads to the dissolution of the CORE alliance and follows Rewe’s decision to return to Coopernic. Alidis now has six members Conad, Colruyt and Coop Schweiz join longstanding Alidis members Edeka, Eroski and Les Mousquetaires (Intermarché). Following their addition the alliance has members with a combined tu...

Belgium-based Colruyt has announced a number of updates to its operations, with a new look to be rolled out at its Collect&Go service and on its private label products at its SPAR affiliated stores. We round up these and other changes being expanded by the retailer. Colruyt Collect&Go gets updated look Colruyt is set to update the look of its Collect&Go offer, a development that Geert Boel,...