Colruyt news

As the Colruyt Group launches Deals! and rolls out several sustainability-focused solutions we round up news from the retailer. Colruyt Group launches new online promotions platform The Colruyt Group has launched Deals!, a dedicated site that will focus on providing ‘ strong volume promotions on a changing selection of A-brand products ’. The company said the site and promotions will be in ...

Colruyt reported its first half results, with revenue rising by 5.7% to €4.99 bn. However, the retailer said its growth was below that for the market as shoppers’ changing buying habits saw ‘ neighbourhood store concepts in particular experienced faster growth during the COVID-19 period, in part due to their greater number and therefore proximity ’. Underlining the difference in performance, C...

Against a challenging economic backdrop, accelerating food inflation and an increasingly competitive market, retailers in Belgium are raising the visibility of their price-focused investments for shoppers. We look at recent initiatives from Carrefour and Colruyt in the country. Carrefour freezes prices on 20,000 products The retailer said it was reacting to the second lockdown in Belgium an...

We highlight recent developments from Belgium, where retailers are pivoting their food-to-go and online offers to meet shopper needs. 1. Delhaize discontinues Fresh Atelier food-to-go concept Delhaize has discontinued the Fresh Atelier food-to-go concept, which it originally launched in Brussels in 2018. At the time, the retailer saw the potential for 200 of these sites. Delhaize now pla...

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...

As Colruyt adds a new online delivery solution and Delhaize launches carbon neutral bananas, we round up news from the countyr. Colruyt launches ‘Collect&Go Connect’ app The Colruyt Group is trialling a new solution enabled by the sharing economy. Under the Collect&Go Connect brand, its Okay and Okay Compact banners will trial a solution that connects local customers and local shoppers. The...

We look at how Colruyt is improving store efficiencies using an AI solution. Meanwhile, Ahold Delhazie-owned Delhaize is working in partnership with M&S to expand its range. Colruyt trials AI solution for automatic recognition According to Colruyt, it is the first Belgian supermarket to trial an AI solution for automatic recognition of fruit and vegetables at checkouts. The solution, develo...

Belgium-based Colruyt Group said total revenue rose 4.5% to €9.4bn. The figure was boosted by the extension of the financial year for French companies, with the Group noting on a comparable basis, revenue rose 2.8% including petrol and 2.1% excluding petrol. The company reported that its operating margin fell to 5.1% as it continued to invest in its long-term strategy and sustained spending on it...

As ICA, Colruyt and Migros Switzerland launch new initiatives and Leclerc adds further Relais stores, we look at developments in ecommerce from countries across Europe. ICA to add prepared food delivery service Sweden-based ICA has announced from autumn it will enable shoppers to receive express delivery of prepared meal solutions alongside their grocery orders. Initially the service will b...

Belgium-based Colruyt is trialling voice command shopping through Google Assistant with 100 customers. The retailer hopes to “see if voice technology is an efficient tool to prepare a shopping list” . Linked to MyColruyt app and Colruyt website Tests will be carried out using the Dutch and French version of the Google Assistant software. Customers will use their smartphones, or any other d...