Belgium news and analysis

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...
03 April 2020
Netherlands-based Jumbo’s chief executive, Frits van Eerd, has outlined the retailer’s plans to expand the brand further into Europe. Expanding in Belgium… Van Eerd would like to further expand the brand’s presence in Belgium and, then, eventually introduce it in France. Jumbo currently operates two stores in Flanders, the Dutch-speaking northern part of Belgium. The main challenge of expan...
02 March 2020
As part of their collaboration (read about it here) , Jumbo will have Hema products on shelves in 50 supermarkets by summer 2020. The shelves are expected to be in all of Jumbo’s stores in the Netherlands and Belgium in one and a half years from now. Hema range being extended consistently New products from Hema’s range are being added to Jumbo stores weekly. In the first week of February...
28 February 2020
Ahold Delhaize announces long-term targets for its Healthy and Sustainable initiatives. As the final year of its 2020 sustainability goals approaches, the retailer has added new objectives for the next few years. New ambitions… Priorities include inspiring consumers to make healthy and informed choices, increase the transparency of products, and eliminate food and packaging waste. Ahold ...
24 February 2020
Lidl has launched two new initiatives in Belgium and Germany to reduce food waste. This is part of its objective to reduce food waste by at least 30% by 2025. Fruits and vegetable boxes at €1 in Belgium The discounter has launched a new initiative to reduce food waste, it is called “Bon appétit, Zéro Gaspi” (Eat Well, Zero Waste). Lidl Belgium’s goal is to reduce food waste by 50% by 202...