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Tesco gets approval to sell business in Poland to Salling | 12 March 2021
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Danish retailer gets green light for Tesco Poland takeover
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Four Nordic stores to visit in 2021
Date : 01 February 2021
Last month, we published an exclusive article,
10 Nordic stores to visit in 2021. We described that the region offers something for everyone to be inspired by - from unstaffed convenience stores to outperforming hypermarkets, foodservice innovation to the sustainable discount store of the future. We featured some of the region s leading retailers and explained why you should visit, featuring videos and photos to bring locations to life. Our IGD Retail Analysis subscribers can read the article
1. ICA, Sweden - ICA Maxi Stormarknad
Source: Blink.se
Hypermarkets were the Swedish market leader’s fastest growing physical store channel in 2020. Store sales excluding VAT grew by 10.5% (9.3% like-for-like) in 2020.
Tesco completes Asia sale to CP Group
Date : 18 December 2020
CP Group strengthened by Tesco deal
CP Group operates across many industrial and service sectors. Its retail arm, CP Food combines vertically integrated agriculture and manufacturing of products across 17 markets. It is already the grocery market leader in Thailand through CP ALL, where it also operates wholesaler Siam Makro, online via ‘24 Shopping’, mini market format CP Fresh Mart as well as the franchise to operate c.11,000 7-Eleven convenience stores in the country.
We estimate that the Tesco Asia acquisition will boost CP Group’s market leading share in Thailand to 23.1% while also giving it a presence in Malaysia where it will become the third largest player.
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