Latest Intelligence on Hypermarket

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Type Product title / description Pub Price
CommentWire
CommentWire

Carrefour: recovery in doubt, hypermarkets in trouble

While Carrefour's international operations continued to perform strongly, the situation in France still seems precarious. Overall Q4 sales grew by 2.8% to E23.5 billion, mainly driven by new floor space. Like-for-like sales across the group fell by 1.5%. Looking ahead, Carrefour's format diversification strategy promises to deliver future growth.

Published By Datamonitor
12 Jan 2007
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Expert View

Italian supermarkets may be allowed to sell petrol

In a bid to promote price competition in its fuel retail sector, the Italian government has proposed to make it easier for retailers to open petrol stations and to allow supermarkets to enter the market. Italy already has a high number of petrol stations and network expansion is undesirable. However, assuming only supermarkets exploit this legislative change, lower prices should be achieved.

Published By Datamonitor
23 Jan 2007
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Metro Group: strongest growth since 1998

German retail group Metro's 2006 results show strong growth in its cash & carry, the group's main business operation, and electricals division, with Media Markt and Saturn continuing to expand in the European electricals market. However, its record performance could have been even more impressive, had it not been dragged down by weak results at Real, where more work needs to be done.

Published By Datamonitor
21 Mar 2007
CommentWire
CommentWire

Poland: new retail laws could give service stations more business

The Polish government has passed legislation to increase the number of statutory holidays for workers within the retail sector. However, while some have argued that this new law automatically spells bad news for supermarkets, it is likely that they will be able to partially counter any negative effects by selling consumer products through their service stations, which are exempt from the new law.

Published By Datamonitor
16 Jul 2007
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El Corte Ingles faces challenging year despite strong portfolio

El Corte Ingles, the giant Spanish conglomerate, has unveiled a 4.7% rise in turnover for the year ending February 2008 and continues to expand apace regardless of Spain's macroeconomic plight and consumer downturn. However, despite boasting strong credentials, Spain's largest retailer may yet suffer the full impact of what could be a prolonged slump.

Published By Datamonitor
01 Sep 2008
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Carrefour: international spread pushes French grocer forward

Following a difficult H1 2008, Carrefour, the world's second largest retailer, appears to have found its footing, with its global multi-format single brand strategy beginning to bear fruit. Despite an improved performance at home, countries as far afield as China and Brazil are the group's real growth drivers, and international prospects are high as Carrefour prepares to tackle Russia.

Published By Datamonitor
27 Oct 2008
CommentWire
CommentWire

Casino's diversification drives growth

Casino had a buoyant year in 2008, with sales rising 14.9% to E28.7 billion and earnings before interest, taxes, depreciation and amortization up 8.5% to E1.9 billion. Diversification played a fundamental role in this success, allowing the company to cater to changing consumer behavior in France. The group's multi-format, international spread should help it to weather the current economic storm.

Published By Datamonitor
06 Mar 2009
CommentWire
CommentWire

Syrian economy: liberalization offers new retail opportunities

Until last year, the Syrian retail sector lacked big malls and associated hypermarket chains because the importation of foreign consumer goods and electronic items was banned. However, the Syrian government has gradually liberalized import restrictions and many foreign goods have been removed from the list of banned items, leading a number of Gulf retail groups to consider entering the country.

Published By Datamonitor
17 Mar 2009
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Metro Group and BP: Polish launch for loyalty card lends a competitive edge

European retail giant Metro Group has launched its multi-brand Payback loyalty card in Poland. The card will be accepted at Metro's hypermarket chain Real and BP service stations, as well as by other companies. The move is expected to be a success: the loyalty card is attractive to consumers and provides companies with additional insight not available from a single-brand loyalty scheme.

Published By Datamonitor
05 Oct 2009
CommentWire
CommentWire

Carrefour: consolidating its Italian fascias

As part of its strategy to unite its brands across its entire European network and boost flagging sales in Italy, Carrefour plans to reformat all GS and DiperDi stores in Italy to Carrefour Market and Carrefour Express outlets, respectively. The retailer hopes that the outperformance of the convenience sector and its strong brand will help to lead Carrefour Express to success.

Published By Datamonitor
22 Dec 2009

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