Food
In Ixelles (Brussels), Colruyt has launched a new variant of its grocery delivery service. Collect&Go City brings groceries ordered online by cargo bike to Place Flagey, where customers can pick them up.
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Despite higher costs due the coronary pandemic, Colruyt Group expects to make at least as much profit this financial year as last year. This was stated by the retailer at its General Meeting.
Under the name Rose Mary, Belgian retailer Colruyt Group has launched a meal delivery service in Brussels. The ambition is to offer healthy, fresh meals - but is only a test, the retailer emphasises.
Belgian retailer Colruyt Group takes a majority stake in data specialist Daltix. Colruyt wants to expand its real-time insights into price and consumer behaviour, while Daltix hopes to realise its international growth ambitions.
Belgian supermarket group Colruyt has announced a trial of "Collect & Go Connect", a digital platform that makes it easier to do shopping for other people.
Yesterday, Belgian e-tailer Collect&Go processed almost 20,000 pickups. During the holidays, customers are increasingly opting for the convenience of ordering online, Colruyt Group’s online shopping service says.
Halfway through the financial year, Belgian market leader Colruyt Group is doing well: its comparable turnover, its gross margin and its market share are on the up. However, profit did fall as a result of one-off events.
Last week, Colruyt Group went through the worst week ever on the stock exchange, but the Belgian retailer now rises to the occasion and buys back its own shares for half a million euros.
Belgian Colruyt Group has largely managed to meet expectations for its financial year 2018/19, but operational margins are under pressure from rising costs. The leader in the Belgian supermarket branch has managed to expand its market share, despite tough competition.
Colruyt subsidiary Bio-Planet expands the share of Belgian products in its organic range, featuring four products based on locally grown soy.
Colruyt wants to shorten its supply chain and make it more transparent by buying beef straight from livestock farmers, who will receive better prices as a result. Meanwhile, competition from foreign meat increases.
General
Belgian Colruyt Group saw its turnover grew by 3 % to more than 4.5 billion euros in the first half of the fiscal year 2018/19. Other results were encouraging as well for the market leader: gross profit margin increased from 25.7 % to 26.3 % and market share increased from 31.9 % a year ago to 32.4 % now.
Belgium's biggest supermarket chain Colruyt will have a new COO early next year as Frans Colruyt has announced that he will step down from that role on 1 February 2019. However, he will remain a member of the board of directors. The new COO will be current CFO Marc Hofman, who in his turn will be succeeded by Stefaan Vandamme.
Belgian supermarket chain Colruyt is introducing night shifts in its stores early next tear, in order to prepare orders for its click and collect service Collect & Go. The management hopes to get the unions' agreement as soon as possible.
Belgian retailer Colruyt Group has extended its 'till-free' test to three supermarkets of the OKay chain and one of OKay Compact, after having trialled it in Spar shops earlier.
Belgian Colruyt Group had a first with its latest yearly report, as it added a separate sustainability report to its already rather elaborate yearly booklet. Which facts were especially noteworthy? RetailDetail found it all out.
