Events and promotions news  

28 July 2016
We visited the UK's latest discount concept at its first store in Hinckley, Leicestershire, to see what they new retail is doing differently to attract shoppers in such a competitive retailer environment. GHM! (Guess How Much!) and sister clothing company PEP&CO are new retail brands by  Pepkor UK , established by ex-Asda CEO Andy Bond, and backed by South African retail group, Pepkor. ...
21 July 2016
Tesco has announced that Jane Lawrie will join its Executive committee as Group Communications director. She will take up the role vacant since Rebecca Shelley left the business six months ago. Highly experienced communications professional Lawrie has over 25 years’ experience of corporate, financial, colleague and digital communications, and will join Tesco from Coca-Cola, where she curren...
18 July 2016
Sainsbury's has announced that it has competed its programme to remove food multi-buys ahead of schedule. Announced back in February and due to be fully implemented by the end of August, the initiative is a key element of Sainsbury's value simplicity programme to establish lower regular prices to meet shopper demand. Positive response from shoppers The ending of multi-buys represents the ...
18 July 2016
Axfood has released its sales results for the first six months of 2016, reporting that consolidated net sales increased by 6.7% to SEK 21,386m (€2.3bn). Net profit also increased by 18.6% to SEK 700m (€73.7m). All formats in growth All retailer formats reported growth, with the strongest performance at Hemköp supermarkets, which grew by 8.3% to SEK 3,108m (€327.3m), driven by a higher...
18 July 2016
In this update, we look at what happened at retailers across the region in the second quarter of 2016, including market entries & investment plans, new store concepts, online & digital, new technology, efficiency drives and legislation affecting retail. MARKET ENTRIES & INVESTMENT PLANS Lidl • Lithuania – The retailer has entered its 27th market, with 15 stores across nine towns and ci...
14 July 2016
Lidl Spain's finance director, Ferran Figueras, has revealed that the discounter will invest  €350m into its Spanish operations this year as the it looks to grow its turnover and market share. Lidl aims for 5-8% increase in turnover In a recent presentation on performance and outlook, Ferran Figueras revealed Lidl's target to increase its 2015 turnover of €3,048m by 5-8% in 2016 (yea...
12 July 2016
Tesco is to make major cuts to the range carried by its convenience stores as it embarks on a new phase of Project Reset. Improving the small store experience Quoted in The Grocer, Chef Product Officer Jason Tarry said "We've got more to go on the Reset. The next stage is convenience and it will be starting to hit in the next few weeks." The aim will be to make Tesco's 1,500 Express store...
11 July 2016
Tesco customers will receive twice as many Clubcard points as normal this weekend as the retailer leverages its popular loyalty card to incentivise shoppers at the start of the summer holiday season. Not Clubcard Boost Double Clubcard points sounds like a familiar activity but this is not Clubcard Boost, the promotion that doubled the value of shoppers' points when they were redeemed in s...
05 July 2016
We report on the latest developments from the Croatian conglomerate, owner of the Konzum and Mercator grocery chains, including reports of a potential IPO, new wholesale store concept and a lifestyle magazine for loyal shoppers. IPO in the pipeline? A report, published by Slovenian newspaper Finance, details that Agrokor is planning an Initial Public Offering (IPO) on the London Stock E...
22 June 2016
We look at Lidl's latest developments in the Netherlands, Denmark, Spain and new market, Lithuania. Lithuania: entering the market with 15 stores Lidl has entered its 27th market. The discounter launched its new venture in to Lithuania with 15 stores across nine towns and cities, including five in the capital city of Vilnius. Supporting these and future stores is a  €40m logistics centr...