Colruyt

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Nestle 'in price row with AgeCore buying group'

22 Feb 2018

Nestle is reportedly in embroiled in a pricing spat with members of the European retail buying group AgeCore.

Colruyt aims for 100% sustainable chocolate assortment

2 Jun 2016

Belgium-based retailer Colruyt is aiming to have all its own-label chocolate sourced sustainably within the next year.

BELGIUM: Former Coopernic alliance renamed Core

23 Dec 2013

Italian retailer Conad has confirmed its new buying alliance with Swiss grocer Coop, German retail giant Rewe and Belgium's Colruyt will be called Core.

GERMANY: Buying alliance Coopernic collapses

9 Sep 2013

European buying partnership Coopernic has come to an end after "irreconcilable differences" between four members and a fifth, the French retail giant E. Leclerc.

BELGIUM: Colruyt appoints Ter Beke chief as CFO

8 Jan 2013

Belgian food retailer and foodservice group Colruyt has announced its new CFO will be Marc Hofman, the current CEO of fellow Belgian food firm Ter Beke.

BELGIUM: Cautious Colruyt expects flat earnings

27 Sep 2012

Belgian retailer Colruyt has said it expects net profit in the financial year ending in March to remain flat, due to margin pressure from food inflation and poor consumer sentiment.

BELGIUM: Colruyt shares jump after FY profit

27 Jun 2012

Shares in Colruyt rose by more than 11% today (27 June) after the Belgium-based retailer reported an increase in annual profits.

Quote, unquote: just-food's week in words

14 May 2012

Sainsbury's chief executive Justin King this week welcomed moves from its UK retail rivals to invest in product quality and service after the retailer reported an increase in annual underlying profits.

BELGIUM: Retailer Colruyt warns on profits

22 Sep 2011

Belgian discount supermarket chain Colruyt has warned that profits in its current financial year may not reach the level generated in the previous 12 months.

BELGIUM: Low prices helps Colruyt gain share in Q1

29 Jul 2011

Colruyt's low price "guarantee" helped the Belgium-based retailer gain market share in the first quarter of its financial year, the company has claimed.

Online food retail - click-and-collect gains traction

27 Jul 2011

In part two of this month's briefing on online food retail, Glynn Davis outlines the key operating models used by the main operators. Industry watchers believe retailers are moving away from using pickers in stores to allowing consumers to order online and collect either at their outlets or at specific warehouses.

BELGIUM: Colruyt sales grow

1 Feb 2011

Belgium-based Colruyt recorded an 8% increase in consolidated sales for the first nine months of its 2010/11 financial year.

BELGIUM: Colruyt H1 profits up over 6%

1 Dec 2010

Belgian grocery operator Colruyt recorded a 6.4% increase in group net profit for the first half of its fiscal year to reach EUR171.7m (US$225.1m).

EUROPE: Food retail sector set for consolidation - analyst

12 Oct 2010

Europe's food retail industry is set to see the return of mergers and acquisitions, analysts at J.P.Morgan Cazenove said today (12 October) as they started their coverage of the sector.

BELGIUM: Colruyt forecasts 5% net profit growth

16 Sep 2010

The chairman of Belgian grocery operator Colruyt is forecasting a 5% rise in net profit for the company's 2010/2011 financial year.

In the spotlight - Delhaize eyes top-line gains

3 Dec 2009

The launch of Delhaize's “new game plan” has been widely welcomed by the market and the Belgium-based retailer's share price has responded accordingly. The plan aims to drive sales growth by investing in pricing and expanding in new markets and low-cost formats, a strategy that is to be funded through the company's ambitious cost cutting programme. Katy Humphries reports.

BELGIUM: Colruyt H1 profits up but cautious on margins

1 Dec 2009

Colruyt, the Belgium-based retailer, has booked an 8% rise in half-year profits, thanks to increased sales - but the company warned margins at its namesake chain were "under some pressure".

BELGIUM: Colruyt launches takeover bid for Foodinvest

4 Nov 2009

Belgian discount supermarket Colruyt has today (4 November) launched a tender offer for the takeover of Foodinvest Group based in Bornem, Antwerp.

EUROPE: Spar, Auchan, ABF slammed on palm oil

28 Oct 2009

Retailers Spar International, Auchan, Aldi and UK food giant Associated British Foods are today (28 October) among the companies told to "up their game" on their sourcing of palm oil.

FRANCE/BELGIUM: Colruyt eyes expansion

14 Oct 2009

Belgian retailer Colruyt has indicated that it wants to grow its market share in its domestic market as well as in neighbouring France.

BELGIUM: Colruyt predicts profit increase

18 Sep 2009

Colruyt has predicted that its net profit should rise by 4.6% in the year to the end of March 2010.

LITHUANIA: Iki workers stage embassy protest

1 Sep 2009

Workers at the Iki grocery chain staged protests outside the German embassy last week, over staff layoffs.

BELGIUM: Low prices mean higher sales at Colruyt

31 Jul 2009

Belgian discounter Colruyt has seen its retail sales grow by more than 7% during its fiscal first quarter as the company gains share through its focus on low prices.

BELGIUM: Colruyt invests in wind farm

28 Jul 2009

Belgian retailer Colruyt confirmed today (28 July) that it has purchased a stake in Belwind, Belgium’s off shore wind farm.

BELGIUM: Europe, not us, deals with pork price - Colruyt

17 Jul 2009

Belgian retailer Colruyt, which saw protesting pork farmers attempt to blockade one of its distribution centres overnight, today (17 July) insisted it had little control over pork prices.

BELGIUM: Farmers blockade distribution centres

30 Jun 2009

Farmers protesting the low price of milk have blockaded the distribution centres of retailers in Belgium, including Colruyt, Carrefour and Delhaize.

FRANCE: Colruyt acquires buying group

4 Jun 2009

Belgium-based retailer Colruyt has announced plans to buy the majority of shares in Unifrais, the French buying organisation.

UPDATE: SWITZ: Coop cool over Lidl entry

19 Feb 2009

Swiss retailer Coop-Gruppe today (19 February) played down the threat that the imminent entry of German discount giant Lidl could have on its business.

BELGIUM: Pricing row hits Unilever, Delhaize – survey

16 Feb 2009

Belgian consumers are increasingly shopping at Delhaize’s rivals after a pricing row with Unilever saw the retailer delist some 250 of the consumer goods giant's brands last week, a survey has claimed.

BELGIUM: Delhaize pulls Unilever brands in price row

10 Feb 2009

Unilever has become embroiled in a pricing row with Belgian retailer Delhaize that has seen 250 of the consumer goods giant's brands delisted.

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