Belgium news and analysis

11 February 2013
At IGD we keep a close eye on innovation and developments in our  industry.  Here are our latest top picks from around the world.  McCain multi-sensory bus stop ads When McCain launched its new Ready Baked Jackets, it created 3D bus stop adverts containing heating elements. As people activated them, they released  the smell of slow-baked jacket potatoes. The posters were located at bus  shel...
07 February 2013
We look at the strategic priorities for leading European retailers - Carrefour, Lidl & Schwarz (Schwarz Group), Tesco, Auchan and Aldi - in 2013's difficult economic environment, and how they are driving growth.   Carrefour: will 2013 be a year of stabilisation? Carrefour’s new management team has launched initiatives to turn around its performance, including selectively exiting internati...
29 January 2013
The Belgian discounter has reported sustained sales growth for the nine months to 31st December, 2012. Fuel continues to outgrow food Total group sales grew by 6.1% to €6.26bn in the period 1st April to 31st December, while retail sales grew slightly behind this, up 5.1% to €4.75bn.  Colruyt attributes the growth to strong year-end sales and a series of additional discount campaigns which s...
24 January 2013
Discussing various initiatives taken at Bol.com, Netherlands-based Ahold has said that their effect has provided a strong support to sales. At the same time, the company has announced a doubling in the size of the product range available through its Albert Heijn online store. A review of Bol.com's 2012 initiatives During the year Bol.com: Opened three specialist stores, which the compa...
17 January 2013
Netherlands-based Ahold has said in a trading statement that net sales rose by 5.1% in its fourth quarter, at constant exchange rates, to reach €7.8 billion. Strong performance seen in Netherlands and US The company said that in the US , during the fourth quarter, sales were up by 4.3%, in dollar terms, to reach US$6.1 billion (€4.7 billion). Comparable sales were up by 2.8%. At Ahold USA ...
17 January 2013
Delhaize Group has reported revenue growth of 2.9% at €22.7bn for the full year 2012, with mixed performance across international markets. Preliminary operating profit is reported to have declined by 17.5% in line with guidance. Domestic performance improving Having had a difficult year, Delhaize saw revenues in Belgium grow by 2.4% in Q4, and full year revenues increased by 1.6% to €4.9bn....
08 January 2013
Belgian discounter Colruyt has appointed Marc Hofman of the Ter Beke Group as its new Chief Financial Officer. Well placed experience Hofman will take up the position from 1 April 2013 and brings with him plenty of relevant experience. Previously he has worked as an auditor with Arthur Andersen, and as CFO with SUN International Group. Jef Colruyt, CEO of  Colruyt Group commented "His expe...