Eurocash news

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...

Frisco.pl reported a 37% increase in sales in 2018 to reach PLN96.5m (US$25.6m). This continues the double-digit growth rates it has been reporting since 2015. The pure online retailer is set to grow at above the rate for the channel, which we estimate to be around 15% between 2019 and 2023. Frisco.pl is far from profitability, but it is getting there Sales performance is illustrating gro...

Auchan launches convenience format, Carrefour introduces innovation in its online platform, and more about other grocery retailers in Poland. We report on the latest news from the various international and national retailers in Poland give you our take on their respective subjects. Auchan launches convenience format in Warsaw Auchan launched the first MyAuchan store in Poland, as part of ...

We look at domestic retailers in Poland, Eurocash, Emperia Holding, Zabka, GK Specjal, and Alma Market, rounding up their 2016 results and outlook for 2017 onwards. Mixed result for Eurocash as revenue grows but profits drop Eurocash reported a 4.4% increase in 2016 sales revenue to reach PLN21.2bn (€5bn). However, the Polish retailer and distributor reported a 7% decline in its year-on-yea...

The Polish government is suspending its newly introduced retail tax, the country’s finance minister, Pawel Szalamacha, advised on September 20. Law only came into effect earlier this month Under the law, which only came into effect on September 1st this year, retailers in Poland would pay 0.8% on monthly revenues between PLN 17m (€3.85m) and PLN 170m (€38.55m) and 1.4% on sales exceeding...

2014 was a year of extremes in Central and Eastern Europe. While some retail markets, like Poland, were affected by deflation, Russia and Ukraine faced double-digit food inflation. The development had a massive impact on retailers’ financial results. While one of the best recent performers, Biedronka, reported negative like-for-like sales -0.8% in 2014, retailers in Russia profited from December’...

As Eurocash and Tesco open convenience stores in petrol stations, Stokrotka amends its strategy and we look at a new entrant to the market expected in 2015. Eurocash testing convenience at petrol stations Polish retailer Eurocash in collaboration with PKN Orlen is trialling convenience stores in petrol stations. The stores will be called ‘Delikatesy Centrum’ which both parties will have input...

Eurocash is entering the Polish convenience store market to compete with Carrefour and Zabka. Eurocash to intensify competition in the convenience store market Eurocash is entering the Polish convenience store market, while gaining outlets with great locations in travel hubs and shopping malls. It will acquire 410 Inmedio convenience stores from the company HDS Polska owned by Lagardère Ser...

Eurocash plans on investing PLN2bn (€477m) in the long term, while Lewiatan is investing in new franchises as well as existing stores. Eurocash to increase market share Eurocash plans to invest PLN2bn (€477m) over the next five years. The firm believes that this investment will protect the business of about 70,000-80,000 traditional stores in Poland. Eurocash ultimately wants to increase its...

Piotr i Pawel lay down future growth strategy, while Strokrotha look to build franchise partners amongst expansion plans released by Marcpol and Polomarket. Piotr i Pawel aims for double digit growth Piotr i Pawel plans to open 20 new stores in 2014. Out of these 20 stores 10 will be partner establishments. This is part of a wider strategy for double digit growth over the next few years, accor...