France: Monoprix tests ‘cashless’ store in Clichy
French grocery chain Monoprix, owned by the Casino Group, is testing a ‘cash-free’ store in Clichy in a concept said to be inspired by the American online retailer Amazon. According to sources, the new store is internally called Monop’Go and is located near to Monoprix’s head office. To use the store, consumers will reportedly first […]
Portugal: Sonae acquires organic supermarket chain Brio
Portuguese retail and telecoms conglomerate Sonae has announced that it has reached an agreement to acquire organic supermarket chain Brio. Brio is now 100% owned by Sonae through an acquisition agreement concluded between Sonae MC and The Edge Group, which has owned the chain since 2010. Brio operates six stores across Lisbon, each store entirely […]
Netherlands: Spar acquires Billa stores, expands in Croatia
Dutch based retailer Spar has become the third largest grocery retailer of Croatia, after Spar Croatia acquired 62 Billa stores in the country. According to Spar Croatia’s board president Helmut Frenzl, the transition will be completed by the end of the year, whilst the rebranding of stores will take effect by this summer. The rebranding […]
Portugal: Auchan launches My Auchan convenience store concept
Retail giant Auchan has launched a new convenience store brand in Lisbon called My Auchan, according to a report in HiperSuper. The move is the result of a €6 million ($6.4 million) investment, and six of the stores are expected to open by the end of the year, Among the characteristics of the new “ultra local” […]
Germany: Aldi invites customers to design their own dessert topping
German discount retail giant Aldi Sud has launched a promotional campaign called Mein Fan-Pudding, asking customers to design their ultimate dessert topping to be rolled out later this year in their stores. Shoppers can upload their designs through the Aldi Sud Facebook page from now until 5th April. The one with most votes will then […]
Russia: Magnit reports 13% increase in revenue for 2016
Leading Russian food retailer has posted a 13.07% increase in annual revenue to 1.07 trillion RUB ($19.0 billion), according to recently published full year results . The retailer’s gross profit increased to 295.76 billion RUB ($5.25 billion), with its margin standing at 27.52%, according to a report in European Supermarket Magazine. The retailer is said to have added a […]
Italy: Aldi shows interest in acquiring Tuodi
German retailer Aldi Sud has shown an interest in acquiring Italian discounter Tuodi, which has reportedly been suffering financial problems since 2013 and is now up for sale, according to a report in Milano Finanza. Tuodi is said to have announced itsdecision to sell the business after failing to recover from losses of €33.7 million ($36.4 […]
Australia: Woolworths introduces ‘Delicious Nutritious’ ready meal range
Australian supermarket chain Woolworths has launched a ‘Delicious Nutritious’ line of ready meals, developed in partnership with celebrity fitness trainer Michelle Bridges. According to Australian Food News, the line is targeted at consumers who are looking for healthy and quick meals. Michelle Bridges, who is said to have worked closely with the retailer to create […]
Brazil: Carrefour to open 70 Express stores in 2017
French retail giant Carrefour has announced plans to almost double the number of Carrefour Express stores it operates in Brazil, according to an article in Giro News. The retailer currently has 75 stores operating under the Carrefour Express banner in Brazil and plans to open 70 more in 2017, Carrefour CEO Georges Plassat is reported as […]
Spain: Eroski and Dia team up to develop private label products
Spanish retailers Dia Group and Eroski Group have signed an agreement designed to maximise the quality and price of their private label offering. The companies said that the new agreement, based on a peer-to-peer relationship, would allow them to improve the competitiveness of their private label products and also acquire materials and supplies needed for […]