Jumbo news

08 January 2020
Netherlands-based Jumbo has announced its annual results for 2019, posting an increase of 14% in turnover to €8.43 bn (US$5.2 bn). Jumbo’s foodservice format La Place saw its turnover increase by 10% to €165 m (US$183.7 m). Meanwhile, the conversion of the remaining Emté stores generated €85 m (US$94.6 m) in the first half of the year. Store network At the end of 2019, Jumbo operated a tota...
13 November 2019
Jumbo and HEMA, both Netherlands-based retailers, have said they have agreed in principle to cooperate commercially in Belgium and their home market. The retailers said they are still working on the terms of the cooperation. Agreement aimed to improve their market positions Announcing the cooperation Jumbo and HEMA said it was aimed at ‘ further improving the market position of both compani...
07 November 2019
Jumbo Belgium has officially opened the doors to its first store, located in Pelt. We attended the press conference to see how the Dutch retailer has adapted its store concept to the Belgian market. “A wide range and low prices” On 6 November 2019, Jumbo opened its first store in Belgium. The retailer said the store was a Dutch supermarket, but with a Flemish twist. The 2,000 sq. m store co...
17 September 2019
We round up the latest news from the Netherlands as retailers Jumbo and Picnic develop new online and digital initiatives. Jumbo to launch digital loyalty programme At the Food Retail Event conference in Tiel, CFO Ton van Veen announced that Jumbo will launch a digital loyalty programme before the end of the year. The retailer hopes to strengthen its digital customer relationship by collect...
24 July 2019
We’ve witnessed a wave of interest in the retailing and food-to-go landscape of the Netherlands over the past year, with Amsterdam rating behind only London as our most popular safari destination. Ahead of our next   Amsterdam safari on 26 September, we explore some of the learnings that our groups have taken from their visits. Leading retailers are expanding their food-to-go horizons and opp...
18 July 2019
Netherlands-based Jumbo has announced its H2 2019 results, posting an increase of 16.5% in turnover to €4.63bn (US$5.2bn). The retailer’s market share also rose during the period to 21.6%. Growth driven by store network Jumbo’s organic growth is above the market share at 7%, which is attributed to the exiting store network. The retailer also attributes its growth to the opening of 44 new su...
16 July 2019
We look at how Netherlands-based Jumbo and Marqt, who have taken different steps to restructure their store portfolios to remain competitive in the market. Jumbo buys Agrimarkt Jumbo has announced it will take over supermarket chain Agrimarkt from the cooperative CZAV. This will see it acquire six stores in Goes, Middelharnis, Oud-Beijerland, Roosendaal, Terneuzen and Vlissingen. Jumbo will...
10 July 2019
Netherlands-based Jumbo is investing in smarter and more sustainable delivery methods to meet the growing demand for online grocery shopping. It has signed new cooperation agreements with Ondernemersvereniging Jumbo (OVJ), effective for the next three years. New delivery hubs For several months, Jumbo has been delivering from centralised hubs and expanding its efulfilment centres. The retai...
27 June 2019
We look at how Dutch retailer Jumbo is entering Belgium, while its Foodmarkt concept continues to drive results in the Netherlands. Foodmarkt stores drive sales in the Netherlands… At the opening of Jumbo’s seventh Foodmarkt store, Jumbo’s chief executive, Frits van Eerd announced, “All Jumbo stores in the Foodmarkt market area grow their turnover. And I am really talking about all stores,...
11 April 2019
We round up the latest news from the Netherlands where Albert Heijn has selected three winners for Product Pitch 2019, while Jumbo is launching over 100 new fresh produce, food-to-go and prepared meal solutions. In other news, Albert Heijn is launching a new podcast series, ‘On our Plate’ about food sourcing. 1. Albert Heijn selects three winners for Product Pitch 2019… Albert Heijn has s...