Belgium news and analysis

20 October 2020
As it looks to standout in local markets and develop its offer to meet shoppers’ health-focused needs, Ahold Delhaize’s operations in Belgium and US have launched new initiatives to help encourage shoppers to live healthier and more sustainable lives. Ahold Delhaize US aims to boost sales of healthier products… As part of an initiative in conjunction with the Partnership for a Healthier Ame...
16 September 2020
Vancouver-based Food X Technologies has signed a strategic partnership with Carrefour Group to accelerate the retailer’s ecommerce capabilities. Integration of Food X technologies by mid-2021 The partnership with Food X Technologies has been formed to support Carrefour in increasing the productivity and profitability of its ecommerce operating systems while enhancing its digital customer e...
15 September 2020
As Carrefour continues to drive change across its operations in Europe, we round up developments from France, Belgium, Italy, Poland, and Spain. Carrefour France enjoyed a good summer In an interview with local trade publication LSA, the managing director of Carrefour France, Rami Baitiéh, discussed the retailer’s performance over summer 2020, given the challenging operating environment. Ba...
05 August 2020
Ahold Delhaize has reported that its Q2 net sales increased by 15.9% at constant exchange rates to €19.1bn. Performance was largely driven by the COVID-19 pandemic. President and CEO Frans Muller said, ‘The engagement and strong execution of our teams have translated this unprecedented demand in both the U.S. and Europe, due to COVID-19, into outstanding results’ . Changing consumer behaviour...
30 July 2020
Carrefour reported Q2 results as like-for-like (LFL) sales increased by 6.3%. The strong results were driven by the good performance and omnichannel strategy in most markets including Spain, Belgium and Brazil. Q2: atypical activity due to COVID-19, convenience +19.0% LFL The multi format and omnichannel model confirmed its resilience and adaptation to the various shopper needs during the d...
27 July 2020
Carrefour and Uber Eats announced they will roll out their partnership nationwide in France and extend it to Belgium from September. Nationwide rollout in France… The service, which was launched in April 2020 offers delivery within 30 minutes. It was initially available in 15 stores, although it is now available at 330 stores in Paris and the surrounding region. Following the success, it wi...
14 July 2020
As Carrefour makes further management appointments in France, enters the drugstore channel in Romania and launches a new private label range in Belgium, we round up news from the retailer. Carrefour’s loss-making hypermarkets in France According to reports by local trade publication Linéaires, around 56% of the retailer’s hypermarkets, 104 out of its total of 185, in France were loss making...
18 June 2020
Belgium-based Colruyt Group has reported its 2019 results with total revenue increasing by 1.6% to over €9.5 bn (US $10.6 bn). The group noted that on a comparable basis, revenue rose by 1.7% including petrol and 1.4% excluding petrol, while gross margin rose by 0.5% to 26.8%. Retail revenue: +1.5% to €7.97bn (US $8.85bn) In the Retail segment, Colruyt Group said revenue increased by 1.5% t...
07 May 2020
Ahold Delhaize has reported that its 2020 Q1 net sales increased by 12.7% at constant exchange rates to €18.2 bn. The retailer acknowledged impact of COVID-19, with Group comparable sales being ‘favourably impacted by 26.9% growth in March’ .  USA: Q1 +13.7%; comparable sales in March +33.8% Performance was driven by comparative % in March due primarily to COVID-19’ . Europe: Q1 +9.8%; ...
30 April 2020
Carrefour reported first quarter sales, with like-for-like (LFL) sales rising 7.8%. Although the performance benefited from ‘ precautionary purchases in March ’, driven by the coronavirus (COVID-19) pandemic and lockdown conditions in its European operations, the retailer enjoyed ‘ a solid performance in January and February ’. Quarter, especially March, affected by impact of coronavirus Ca...