Belgium news and analysis

03 January 2019
As part of its strategy to create a new generation of hypermarkets, Carrefour has rolled out a new design in Italy. Meanwhile in Belgium, it has announced plans to trial an organic-focused store and a new express design. Italy opens new hypermarket format Carrefour Italia has opened an updated hypermarket in Portogruaro, which it says is aimed at simplifying the shopping experience. The 5,0...
03 January 2019
We round up the latest results from Netherlands-based Jumbo, PLUS and Coop. Jumbo: 9.6% growth in turnover to €7.8bn Jumbo has reported 9.6% growth in its turnover for 2018. Around 95% of sales came from core Jumbo formats, while €262m came from the recently acquired EMTÉ business and €150m from La Place. During the year, Jumbo’s store network grew by 33 stores, leaving the retailer with...
12 December 2018
Colruyt has posted its results for the first half of 2018/19, reporting a revenue increase of 3.0% to €4.5bn and net profit of €208m. The retailer attributes its growth to “organic growth, sales price inflation and sales surface expansion” . Retail division: +2.7% to €3.8bn Colruyt’s retail division, which accounted for 82.3% of consolidated revenue, saw revenue increase by 2.7% to €3.8bn....
11 December 2018
As Carrefour phases out the Easy banner in Belgium, commits to reducing its private label packaging in Poland and expands in Romania, we round up news from the retailer. Carrefour Belgium to rebrand Easy as Express Carrefour will rebrand its 12 Easy stores in Belgium to the Express banner. Spokesperson Baptiste Van Outryve said, “We had previously stopped the expansion of Easy. After the a...
10 December 2018
China-based Alibaba has signed an agreement with the Belgium government to create an ecommerce trade hub. The agreement is part of Alibaba’s Electronic World Trade Platform (eWTP), of which Belgium is the first European country to join. Logistics division Cainiao to invest €75m… Alibaba’s logistics division, Cainiao, will initially invest €75m (US$85m) in the project, which will commence in...
06 December 2018
We review six of the latest format developments in the USA and Europe as Ahold Delhaize enhances its store estate and makes new management appointments to future-proof its business. USA: Giant Food invests US$175m in expansion and improvements In the USA, Ahold Delhaize has announced plans to invest US$175m into expanding and improving Giant Food over the next two years. It will open a new...
05 December 2018
We look at how Ahold Delhaize-owned Albert Heijn is making its private label chocolate traceable, while Carrefour Poland forms a coalition to promote organic farming. Albert Heijn invests in traceability Albert Heijn has partnered with Switzerland-based chocolate maker Barry Callebaut to make its private label chocolate traceable. The partnership reflects the growing interest in ethical sou...
15 November 2018
IGD was invited to Ahold Delhaize’s Capital Markets Day in New York, where we heard directly from the retailer’s Management Board on its ‘Leading Together’ strategy. We also saw first-hand how it is ‘reimagining the Stop & Shop’ brand in Connecticut. The key highlights we took away from the event were: From ‘Better Together’ to ‘Leading Together’ strategy Target to double ...
08 November 2018
Aldi Belgium launches its largest ever marketing campaign with the strapline, “We keep knocking on one nail: quality! Although the price is never far away...”. New channels of marketing Aldi Belgium, as reported by trade publication Retail Detail, has decided to expand its marketing strategy to reach a wider audience. It hopes to better serve its loyal customers and encourage its ‘occasio...
07 November 2018
Ahold Delhaize has reported its 2018 Q3 results, with net sales increasing by 3.6% at constant exchange rates to €15.8bn. Net income also increased by 26.7% at constant exchange rates to €459m. USA: +3.2% to €9.6bn In the USA, net sales increased by 3.2% at constant exchange rates to €9.6bn, while comparable sales (excluding gas) increased by 3%. …partially impacted by Hurricane Florence...