Biedronka news

Jerónimo Martins has announced its FY2022 premlinary results, revealing a positive performance across all countries where it operates, Colombia, Poland, and Portugal. Positive sales growth Jerónimo Martins saw sales grow 21.5% to €25.4 bn in 2022, with like-for-like (LFL) sales rising 19.6%. The retailer revealed the positive results as the group continued to invest in price, of which gave sh...

Jerónimo Martins has announced its Q3 2022 results, revealing a strong sales performance across all countries where it operates, Colombia, Poland, and Portugal. The groups consolidated sales for nine months (9M) increased by 21% to €18,392m compared to the same period in 2021. Overall sales performance Jerónimo Martins’ Q3 consolidated sales increased by 22.7% to €6.5 bn compared to Q3 2021...

Jerónimo Martins has announced its H1 2022 results, revealing a strong sales performance across all countries where it operates, Colombia, Poland, and Portugal. Sales performance Jerónimo Martins’ Q2 consolidated sales increased by 24.5% to €6.4 bn compared to Q2 2021. The groups consolidated H1 2022 sales reached €11.9 bn an increase of 20%, compared to H1 2021. Group EBITDA increased by 19....

Jerónimo Martins has announced its Q1 2022 results, revealing a positive performance across all countries where it operates, Colombia, Poland, and Portugal. Sales performance Jerónimo Martins’ consolidated sales increased by 15.2% to €5.5 bn compared to Q1 2021. Group EBITDA increased by 15.5% to €372m, a strong first quarter considering high and increasing inflation across all operating ma...

As Biedronka looks to expand its quick commerce service in Poland and Tesco is growing the coverage for its ecommerce store in the Czech Republic, we round up news from the region. Biedronka evolves strategy for ‘digital convenience’-focused future… Poland-based trade publication Wiadomosci Handlowe has reported that Biedronka is expanding its Biek quick commerce delivery solution, which ...

Poland’s leading retailer Biedronka and the Jeronimo Martins group were among the first retailers to react to the Ukraine crisis. Netto Poland and Circle K are also supporting refugees entering the country. All these retailers are showing their support during this difficult time for the people of Ukraine. Donation of €7 million for humanitarian aid Jeronimo Martins announced it will donate ...

The discount channel is slowly catching up with grocery ecommerce as it seeks to remain relevant with shoppers. The many recent partnerships with aggregators (last milers) across Europe prove the online transformation of the channel is inevitable and it is now accelerating, especially around quick commerce. We look at the different developments in the region and what this could mean more widely f...

The COVID-19 pandemic proved to be a challenge, but also an opportunity to accelerate development for discounters. In several markets with high penetration of online, such as the UK, the lack of ecommerce proved to be a weakness for the discount channel. However, the value proposition of the channel resonated well with increasingly savvier shoppers, ensuring footfall and sales remained strong. ...

Jerónimo Martins posted a resilient performance during the third quarter as it announced its results. The retailer said its third quarter saw some return to a new normality, which it underpinned with strict cost control. Biedronka continued to perform well in Poland, showing its flexibility since the beginning of COVID-19.  Sales performance Jerónimo Martins’s consolidated sales, in Q3 2020...

Jerónimo Martins has announced plans to expand into three new countries with two of its banners: Biedronka and Hebe. Biedronka is anticipating entering Romania and Hebe is planning to enter Czech Republic and Slovakia, with the latter’s expansion planned for late 2020. The group claims it will invest €750m to reinforce its 2019 activity. Pingo Doce’s short term investment plans Portugal-bas...