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CommentWire
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TomTom has released a new sat nav system that tracks petrol and diesel prices in 12,000 fuel stations across the UK and allows users to compare fuel prices in their current location. The new technology is likely to increase competition between neighboring fuel retailers, but will also offer up a number of marketing opportunities that fuel retailers should not ignore.
Published By Datamonitor
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03 Dec 2008 |
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CommentWire
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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
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06 Mar 2009 |
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CommentWire
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WH Smith has reported flat group sales for the six months to February 28, 2009, with double digit sales growth in Travel outlets counterbalancing a weak performance from its High Street stores. The retailer is continuing with its withdrawal from entertainment, and is looking to Post Office integration and rebuilding its authority as a specialist to drive sales in the future.
Published By Datamonitor
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24 Apr 2009 |
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CommentWire
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Lukoil has set its sights on acquiring a 5% share in the Italian fuel retailing market following a joint venture with ERG in the ISAB oil refinery in Sicily. The move will allow Lukoil to consolidate its position in Europe, as well as boosting competition in a market that has historically been difficult to enter.
Published By Datamonitor
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01 May 2009 |
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CommentWire
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Following the success of Moto's partnership with Marks & Spencer and its own recent ventures into smaller store formats, Waitrose opened the first of two stores at Welcome Break service areas on May 1, 2009. In light of the current trend for top-up shopping and heightened demand for quality convenience products, Waitrose's timely entry into the motorway service market is expected to be a success.
Published By Datamonitor
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08 May 2009 |
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Expert View
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For the 52 weeks to March 21, 2009, Sainsbury's total sales increased to GBP20.4 billion, up 5.7% compared to 2008, and 4.5% on a like-for-like basis. Sainsbury's innovative campaigns and range architecture are catering well for the frugal consumer, while long-term plans are laying solid foundations for future growth.
Published By Datamonitor
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13 May 2009 |
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CommentWire
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Italian retailer Autogrill and French-owned Elior have both announced new tenancy arrangements with the German motorway services provider Tank & Rast. Given that Tank & Rast holds 90% of all German motorway concessions, the partnership will strengthen Autogrill's and Elior's expansion potential in Europe's largest motorway services market.
Published By Datamonitor
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08 Jun 2009 |
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CommentWire
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Supermarket giant Tesco and UK electricals retailer Comet plan to establish a network of electric car charging points on their London retail sites. Although the current supply of electric vehicles is limited, sector investment and government backing mean that retailers will eventually pose a viable threat to 'big oil' in city locations.
Published By Datamonitor
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17 Jun 2009 |
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CommentWire
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St1 has revived competition in the Scandinavian service station market with the acquisition of 198 sites. By the end of 2009 Datamonitor predicts that St1 will have a 6% volume share in Sweden and a 4% volume share in Norway, but making further inroads will be tough.
Published By Datamonitor
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18 Aug 2009 |
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CommentWire
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There have been several recent developments at the convenience arm of German retail group Rewe. The company plans to reposition its neighborhood chain Nahkauf through a new and improved concept and store design. Meanwhile, in Austria, Rewe will expand its chain of Billa stop & shop convenience stores into every Jet petrol station in the country.
Published By Datamonitor
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20 Aug 2009 |
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Reports and briefs contain analyst driven analysis and opinion covering a specific market or issue.
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