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BELGIUM: Colruyt sees sales growth slow

30 Jan 2009

Strong Christmas sales have not been enough to stop Belgian retailer Colruyt seeing revenue growth slow during the third quarter of its financial year.

BELGIUM: Colruyt H1 margins dip despite profit jump

28 Nov 2008

Belgian retailer Colruyt today (28 November) booked a rise in first-half profits but said margins had fallen on the back of rising energy and labour costs.

BELGIUM: Delhaize discount drive hits home market

27 Oct 2008

Delhaize, the Belgium-based food retailer, is to open a discount store in the south of the country next year as consumers look to for value amid the economic downturn.

BELGIUM: Colruyt eyes profit growth

18 Sep 2008

Belgian discounter Colruyt forecast full-year net profit growth of 5.2% yesterday (17 September) after revealing that store turnover during the first five months rose 12.3% to EUR1.73bn (US$2.5bn).

BELGIUM: Low prices pay off for Colruyt

29 Jul 2008

Belgian discounter Colruyt has seen first-quarter sales rise 14.7% thanks to its policy of keeping prices low at a time when consumers are looking to tighten their belts.

BELGIUM: Colruyt thanks low prices for FY growth

24 Jun 2008

Belgium-based retailer Colruyt has thanked its “lowest-price policy” after posting rising full-year sales and earnings.

GERMANY: Buying alliances key to competitiveness - Rewe

19 Jun 2008

International co-operation is becoming a vital way for food retailers to compete with their larger rivals, the CEO of German grocer Rewe said today (19 June).

LITHUANIA: Coopernic finalises Baltic acquisition

3 Mar 2008

Colruyt, together with other members of the Coopernic alliance, has announced the acquisition of Lithuanian retailer Iki.

BELGIUM: Nine-month sales up at Colruyt

31 Jan 2008

Belgian retail group Colruyt has reported an 8.6% rise in sales for the first nine months of the fiscal year to EUR4.2bn (US$6.2bn), on the back of strong Christmas trading.

BELGIUM: Colruyt buys Dutch packaging firm

18 Jan 2008

Belgian retail group Colruyt today (18 January) acquired 100% shares of the Dutch packaging specialist Mundipak BV.

BELGIUM: Delhaize cuts Belgian retail prices

10 Jan 2008

Brussels-based international food retailer Delhaize reported today (10 January) it was lowering food prices for over 500 national brands in Belgium.

GERMANY: Rewe promotes purchasing chief

12 Dec 2007

German retail giant Rewe has promoted purchasing director Manfred Esser to its management board.

BELGIUM: Colruyt shrugs off tricky summer

3 Dec 2007

Belgian retail group Colruyt has posted rising first-half profits as the company increased sales amid growing competition and a cool summer.

FRANCE: Systeme-U mum on European alliance

3 Dec 2007

French retail group Systeme-U has declined to comment on reports that it is trying to broker a strategic buying alliance within the European Marketing Distribution (EMD) group.

EUROPE: Coopernic alliance strikes major supply deal

29 Nov 2007

Coopernic, the five-strong European retail buying alliance, has signed a cross-border deal with over 100 suppliers worth over EUR100bn (US$147bn) in the coming year.


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