DOCSLIB.ORG

Grocery Universe 2012

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Grocery Universe 2012 GROCERY UNIVERSE 2015 RESULTS OF THE 53D INVENTORY OF RETAIL GROCERY IN BELGIUM, DRAWN UP BY NIELSEN. Any reproduction, representation or use of one or various elements of this report must show the full mention: Source: Nielsen TABLE OF CONTENTS 1. Nielsen in brief 2. Belgian Economy & Retail in 2014 3. The Nielsen Grocery Universe 3.1 Turnover and inflation 3.2 Number of stores 3.3 Market share by Shop Type 3.4 Sales surface 3.5 Discounters in Belgium 3.6 Regional characteristics 3.7 Private labels 4. Retailing in Europe 4.1 International Shop Types 4.2 Discounters in Europe 5. The Nielsen Services Nielsen Grocery Universe 2015 │ Copyright ©2015 The Nielsen Company. Confidential and proprietary. 2 1. NIELSEN IN BRIEF THE NIELSEN COMPANY For 92 years Nielsen services have been making the FMCG (Fast Moving Consumer Goods) market visible and comprehensible for manufacturers and retailers. Nielsen is the world’s leading provider of information and market analysis in the consumer and service sectors thanks to the quality of its data, the accessibility of its analyses, the expertise it has built up over more than 92 years of practical experience and the rapidity with which it communicates its findings. • Established in the United States in 1923 by Arthur C. Nielsen • Operates in over a hundred countries • Active in Belgium since 1954 ‒ Over 200 regular clients ‒ Studies more than 400 product categories This overview represents the results of the 53d inventory of the world of retail grocery sector, drawn up every year by Nielsen. Nielsen Grocery Universe 2015 │ Copyright ©2015 The Nielsen Company. Confidential and proprietary. 4 2. THE ECONOMY & RETAIL IN 2014 Oil prices crash Russia put an embargo on food EBOLA epidemic Declining inflation on European Election food prices Copyright ©2015 The Nielsen Company. Confidential and proprietary. and Confidential Company. NielsenThe ©2015 Copyright │ Gaza fight Air and maritime disasters Nielsen Grocery Universe 2015 2015 Universe Grocery Nielsen 6 BELGIUM: THE NIELSEN BAROMETER EVOLUTION The turnover has grown by +2.4% thanks to the price inflation and to the volumes. FMCG: Sales Value Sales Volume Price of Package Sold Food & Non Food % 2014 vs 2013 +2.4% +1.2% +1.2% % 2013 vs 2012 +2.2% +0.0% +2.2% % 2012 vs 2011 +2.2% +0.1% +2.1% % 2011 vs 2010 +3.2% +0.8% +2.4% Copyright ©2015 The Nielsen Company. Confidential and proprietary. and Confidential Company. NielsenThe ©2015 Copyright │ % 2010 vs 2009 +1.1% +0.9% +0.3% (*) The Nielsen Barometer shows the trend as a percentage of sales of a representative group of FMCG products in the retail sector in Belgium Nielsen Grocery Universe 2015 2015 Universe Grocery Nielsen 7 BELGIUM: FMCG TRENDS PER YEAR AND PER QUARTER A positive volume trend is noticed for the last quarter of 2013 and stays for the beginning of 2014. Volumes are declining in Q3 and Q4 2014 versus 2013. Copyright ©2015 The Nielsen Company. Confidential and proprietary. and Confidential Company. NielsenThe ©2015 Copyright │ Source: Nielsen Growth Reporter Nielsen Grocery Universe 2015 2015 Universe Grocery Nielsen 8 3. NIELSEN GROCERY UNIVERSE 2014 DEFINITION OF THE GROCERY UNIVERSE The grocery sector includes the following: 1. Retail stores in Belgium selling at least four of the following food categories: • Edible fats • Canned goods • Bottled drinks • Drinks in the form of solid substances (e.g. coffee and tea) • Pasta • Confectionery 2. ‘Food’ sales also have to represent at least 40% of total turnover Are excluded: 1. Stores that generate more than 50% of their turnover through the sale of meat products or fish and shellfish. 2. Stores specialising in diet foods. 3. Stores that are part of petrol stations (e.g. Yelloh, Shop ‘n Go, etc…) Turnover We take into account the total turnover generated during the course of the past year. For stores that only opened during the course of the year, sales are extrapolated for a full year. For stores that closed during the course of the year, Nielsen assumes that no sales at all were made in that year. For hypermarkets, only the turnover for the food, paper products, care products and cleaning products departments is taken into account. Nielsen Grocery Universe 2015 │ Copyright ©2015 The Nielsen Company. Confidential and proprietary. 10 DEVELOPMENTS IN 2014 • Domestic consumption increased slightly (+ 1.6%) while the importance of the Grocery Universe increased by+0.1 pt. Households have spent relatively more in the Grocery Universe compared to their total expenditure. • The turnover of the Grocery Universe rose to EUR 25 billion in 2014. This means a +2% increase compared to the year before. In 2014, the inflation rate was 0.34%, which is lower than in 2013. This means that the turnover in constant has grown by 1.7%. The Nielsen Growth Reporter showed that volumes and prices are equally growing. • There were 7 203 stores in the universe in 2014. This is 86 stores less than in 2013. Between 2005 and 2014, the number of points of sale fell on average by 125 stores per year. Between 1995 and 2014, on the other hand, an average of 302 stores closed per year. • The share of F1 declined by -1.2 pts to 50.3% even if they opened 12 extra stores in 2014 bringing their total to 609 stores. • F2 and Hard Discounters have increased their market shares. F2 owns a MS of 28.8% which represents an increase of +0.8pt versus 2013. Hard Discount grew by +0.6pt to 16.1% in Belgium. F2 opened 8 new shops (1320 in total) while the number of stores coming from the Hard Discount has decreased (- 2 shops; 737 in total). • The market share of F3 keeps on declining. In 2014 they lost -0.2 points to 4.8%. The number of stores also decreased to 4 537 stores (-104 stores vs 2013). Nielsen Grocery Universe 2015 │ Copyright ©2015 The Nielsen Company. Confidential and proprietary. 11 3.1 TURNOVER AND INFLATION TURNOVER GROCERY UNIVERSE IN BILLIONS OF EURO Turnover of the Grocery Universe increased by +2.0% to 25 billion euro in 2014. When eliminating the effect of the inflation, evolution turnover at constant price remains positive. Copyright ©2015 The Nielsen Company. Confidential and proprietary. and Confidential Company. NielsenThe ©2015 Copyright │ Current Prices: Prices including inflation Constant Prices: Prices excluding inflation Nielsen Grocery Universe 2015 2015 Universe Grocery Nielsen 13 INFLATION PER YEAR The inflation rate has declined over the past years and reached 0.34% in 2014. Copyright ©2015 The Nielsen Company. Confidential and proprietary. and Confidential Company. NielsenThe ©2015 Copyright │ Source: Federal Public Service for the Economy, SME’s, Self-employed and Energy Nielsen Grocery Universe 2015 2015 Universe Grocery Nielsen 14 INFLATION PER TYPE OF PRODUCT/SERVICE Highest inflation rate is noticed in Services in 2014. On the other hand, Food and Non-Food inflation have been decreasing and negative over 2014. Copyright ©2015 The Nielsen Company. Confidential and proprietary. and Confidential Company. NielsenThe ©2015 Copyright │ Source: Federal Public Service for the Economy, SME’s, Self-employed and Energy Nielsen Grocery Universe 2015 2015 Universe Grocery Nielsen 15 EVOLUTION TURNOVER GROCERY UNIVERSE VERSUS YEAR BEFORE Even without the effect of the inflation, turnover at constant prices has increased by 1.7%. Copyright ©2015 The Nielsen Company. Confidential and proprietary. and Confidential Company. NielsenThe ©2015 Copyright │ Current Prices: Prices including inflation Fixed Prices: Prices excluding inflation Nielsen Grocery Universe 2015 2015 Universe Grocery Nielsen 16 FOOD UNIVERSE MARKET SHARES IN TOTAL PRIVATE CONSUMPTION Over the past 3 years, the grocery universe has slightly become more important in our total expenditure. Copyright ©2015 The Nielsen Company. Confidential and proprietary. and Confidential Company. NielsenThe ©2015 Copyright │ Source: National Bank of Belgium - Nielsen Food Universe Nielsen Grocery Universe 2015 2015 Universe Grocery Nielsen 17 3.2 NUMBER OF STORES DEFINITION NIELSEN SHOP TYPES F1 : LARGE DISTRIBUTION (LIMITED PANEL) • GROUP CARREFOUR BELGIUM: Carrefour Hypermarkets, Carrefour Market Integrated , Carrefour Market Groupe Mestdagh • GROUP COLRUYT: Colruyt • GROUP DELHAIZE: Supermarkets Delhaize • GROUP LOUIS DELHAIZE: Cora, Match F2 : AVERAGED SIZE DISTRIBUTION • ALVO • GROUP CARREFOUR BELGIUM: Carrefour Market Franchised • GROUP COLRUYT: Okay, Spar Retail (supermarkets Spar) • GROUP DELHAIZE: AD Delhaize, Superettes, Proxy Delhaize, Delhaize City, Red Market • GROUP INTERMARCHÉ: Intermarché, Ecomarché • GROUP LOUIS DELHAIZE: Profi, Smatch • Other Supermarkets over 400 m² F3 : SMALL DISTRIBUTION All self service shops that have a commercial surface under 400m² that aren’t mentioned above (e.g. Supra, Spar and Prima (Lambrechts), Carrefour Express, Louis Delhaize (Group Louis Delhaize)), and all shops with a « traditional service » (e.g. night-shops »). HARD DISCOUNTERS Aldi & Lidl Nielsen Grocery Universe 2015 │ Copyright ©2015 The Nielsen Company. Confidential and proprietary. 19 NUMBER OF STORES IN THE GROCERY UNIVERSE There are 7 203 grocery stores in Belgium (-86 stores). The number has (steadily) decreased over the last decades because of a more intense and centralized organisation of the universe. Copyright ©2015 The Nielsen Company. Confidential and proprietary. and Confidential Company. NielsenThe ©2015 Copyright │ Evolution vs previous year (%): -4% -2% -1% -2% -2% -1% -1% -1% -2% -1% -3% -1% Nielsen Grocery Universe 2015 2015 Universe Grocery Nielsen 20 NUMBER OF F1 STORES: LARGE SCALE DISTRIBUTION The large scaled distribution consists of 609 stores and has opened more and more stores over the past years. Copyright ©2015 The Nielsen Company. Confidential and proprietary. and Confidential Company. NielsenThe ©2015 Copyright │ Nielsen Grocery Universe 2015 2015 Universe Grocery Nielsen 21 NUMBER OF F2 STORES: MEDIUM-SIZED DISTRIBUTION After the closing of less profitable shops from 1995 to 2003, the number of F2 stores (mostly franchised) has increased over the past years bringing the total to 1 320 stores in 2014 (+8).
Load more

Recommended publications
  • Global Vs. Local-The Hungarian Retail Wars
    Journal of Business and Retail Management Research (JBRMR) October 2015 Global Vs. Local-The Hungarian Retail Wars Charles S. Mayer Reza M. Bakhshandeh Central European University, Budapest, Hungary Key Words MNE’s, SME’s, Hungary, FMCG Retailing, Cooperatives, Rivalry Abstract In this paper we explore the impact of the ivasion of large global retailers into the Hungarian FMCG space. As well as giving the historical evolution of the market, we also show a recipe on how the local SME’s can cope with the foreign competition. “If you can’t beat them, at least emulate them well.” 1. Introduction Our research started with a casual observation. There seemed to be too many FMCG (Fast Moving Consumer Goods) stores in Hungary, compared to the population size, and the purchasing power. What was the reason for this proliferation, and what outcomes could be expected from it? Would the winners necessarily be the MNE’s, and the losers the local SME’S? These were the questions that focused our research for this paper. With the opening of the CEE to the West, large multinational retailers moved quickly into the region. This was particularly true for the extended food retailing sector (FMCG’s). Hungary, being very central, and having had good economic relations with the West in the past, was one of the more attractive markets to enter. We will follow the entry of one such multinational, Delhaize (Match), in detail. At the same time, we will note how two independent local chains, CBA and COOP were able to respond to the threat of the invasion of the multinationals.
    [Show full text]
  • Romania: Retail Food Sector
    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary - Public Date: 2/6/2017 GAIN Report Number: RO1703 Romania Post: Bucharest Retail Food Sector Report Categories: Retail Foods Approved By: Russ Nicely Prepared By: Ioana Stoenescu Report Highlights: Over the last three years, Romania has seen strong positive growth, with encouraging developments in the economic and policy areas, becoming one of the most attractive markets in Southeastern Europe. After just a few notable events during 2015, the Romanian retail market experienced remarkable growth in 2016 reaching 2,000 stores operated by international retailers. As modern retail systems grow, exports of U.S. processed and high value foods to Romania will continue to expand. In 2015 U.S. agri- food exports to Romania increased by 45 percent from U.S. $96 million to U.S. $139 million over the last year. Romania's food sector is expected to be among the regional best performers during the next five years, with promising market prospects for U.S. exporters such as tree nuts, distilled spirits and wines. General Information: I. MARKET SUMMARY General Information Romania has been a member of the EU since 2007 and a member of NATO since 2004. Within the 28 EU countries, Romania has the seventh largest population, with 19.5 million inhabitants. Romania is presently a market with outstanding potential, a strategic location, and an increasingly solid business climate. Although there is the need for an exporter to evaluate the market in order to assess the business opportunities, exporting to Romania is steadily becoming less challenging than in previous years in terms of the predictability of the business environment.
    [Show full text]
  • DEMO Competitive Analysis Retail
    COMPETITIVE ANALYSIS – DEMO REPORT LARGE RETAILERS IN ROMANIA AUCHAN CORA CARREFOUR 1.1 Auchan 1. General data Company name: Auchan Romania SA Address (headquarters): Str. Barbu Delavrancea 13, Bucharest Phone: +4021 4080107 Fax: +4021 2232024 Web: www.auchan.ro E-mail: [email protected] Year of establishment: 2005 Ownership: Auchan Group 2. Financial data Year/Category Net turnover Average no of Net profit (mil. EUR) employees (mil. EUR) 2010 355.8 3,184 -4.6 2009 307.6 3,103 -9.7 2008 278.4 3,156 -6.7 A FRD Center Market Entry Services Demo Publication www.market-entry.ro 3. Key persons Name Position Contact details Mr. Patrick Espasa General Director Email: [email protected] Mr. Tiberiu Danetiu Marketing Director Email: [email protected] Ms. Mariana Dragan Communication Manager Email: [email protected] Tel: +4 021 4080294 4. Brief profile Auchan Romania is part of the French Group Auchan. Auchan opened its first hypermarket on the Romanian market in 2006. This store is located in Bucharest (in the Titan area) and has the surface of over 16,000 sqm. The store records a daily traffic of 30,000 – 45,000 persons and registers the biggest sales in the Auchan network in Romania. At present, Auchan has nine hypermarkets in Romania, located in Bucharest (two stores – in the Titan and Militari areas), Pitesti, Targu Mures, Cluj Napoca, Suceava, Timisoara, Constanta and Craiova. The Auchan hypermarket in Cluj Napoca was opened in November 2007, with an investment of 40 million EUR. The store is located in the Iulius Mall, has the surface of some 10,000 sqm and offers over 45,000 products.
    [Show full text]
  • Netherlands Retail Foods Benelux Food Retail Market
    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 1/26/2010 GAIN Report Number: NL0002 Netherlands Retail Foods Benelux Food Retail Market Approved By: Stephen Huete Prepared By: Marcel Pinckaers Report Highlights: Despite the current economic situation, the turnover of the Benelux food retail market in 2009 was €52.7 billion, 4.4% higher than previous year. In addition, the food retail market continues to consolidate further. Post: The Hague Author Defined: Section I. Market Summary Benelux Food Retail Market Approximately 80 percent of the Dutch food retail outlets are full service supermarkets, operating on floor space between 500 and 1,500 square meters located downtown and in residential areas. The remaining 20 percent includes superstores located in industrial parks, convenience stores near human traffic and department stores. In Belgium, full service supermarkets, like Colruyt and AD Delhaize, account for an estimated 75 percent of the market. The share of superstores and convenience stores in Belgium is higher than in the Netherlands, an estimated 25%. In Luxembourg, full service supermarkets like Cactus, Alvo and Match dominate the market as well. In all three markets, independent food retail stores are increasingly leaving the scene. On-going consolidation in the retail market, changing consumer demands and shrinking margins seem to drive this trend. The top 3 biggest retailers in the Netherlands, Albert Heijn, C1000, and Jumbo [1] , have a market share of 56 percent. The market for discounters like Aldi and Lidl has stabilized around 15%.
    [Show full text]
  • Trends in the Top Retail Trade in Romania
    Scientific Papers Series Management, Economic Engineering in Agriculture and Rural Development Vol. 19, Issue 1, 2019 PRINT ISSN 2284-7995, E-ISSN 2285-3952 TRENDS IN THE TOP RETAIL TRADE IN ROMANIA Agatha POPESCU University of Agricultural Sciences and Veterinary Medicine Bucharest, 59 Marasti Boulevard, District 1, 011464, Bucharest Romania, Phone: +40213182564, Fax: +40213182888, Email: [email protected] Corresponding author: [email protected] Abstract The paper analyzed the retail trade in Romania during the last decade, 2008-2017, pointing out the performance achieved by the top 10 retailers Kaufland, Carrefour, Lidl, Auchan, Mega Image, Profi, Metro, Selgros, Rewe and Cora Hypermarket, based on the number of stores, turnover, net profit, market share and average number of employees. Romanian market proved to be a good business environment for retailers as long as consumption is increasing determined by the growth of wages and reduction of VAT. Both hypermarkets, supermarkets, discount stores and minimarkets have appeared on Romania's map and their number continue to grow as expected in the near future. The number of square meters commercial space per inhabitant is enough high as long as Romanians like shopping. For this reason, the retailers have to develop new strategies to strengthen their business and cover much better consumers' needs. Important efforts should be made to develop the minimarket network in the smaller cities and even in the rural localities, the commercial space should be modernized and offer a pleasant and attractive environment for shopping, e-commerce should be extended as a modern purchasing alternative, the offer should be diversified including more Romanian products as preferred by consumers, organic products should be more visible on the shelves which have to offer healthy products to the clients, a more intensive advertising should be useful for a better information of the consumers and for increasing sales and profit of the retailers.
    [Show full text]
  • Eastern Europe Confectionery and Milling in Hungary
    . Market Research – Eastern Europe Confectionery and milling in Hungary .......... Proexport – Colombia Equipo de Trabajo Dirección de Información Comercial Jorge Luis Gutiérrez – Director Fernando Piñeros – Subdirector Proyectos Especiales Bibiana Gutiérrez – Analista de Inteligencia de Mercados [email protected] www.proexport.gov.co www.proexport.com.co Calle 28 No. 13ª – 15, Piso 35 Tel: (571) 5600100 Fax: (571) 5600118 Bogotá, Colombia GRUPO CONSULTOR EUNITE, Nederland Todos los derechos reservados. Ni la totalidad ni parte de este documento puede reproducirse o transmitirse por ningún procedimiento electrónico o mecánico, incluyendo fotocopias, impresión o grabación. Estimado Empresario: La búsqueda de acuerdos comerciales que nos permitan como país ampliar los escenarios y mercados de exportación, nos reta como PROEXPORT a apoyar en forma directa a los empresarios en sus iniciativas exportadoras, ofreciendo servicios dentro de un modelo del gestión comercial y compartiendo un conocimiento más detallado sobre los mercados y sus oportunidades. Para lograr lo anterior, PROEXPORT, con inversión de recursos propios y de cooperación técnica no-reembolsables del BID-FOMIN, emprendió una labor de recolección y análisis de información de primera mano en los principales mercados de interés a través de la contratación de consultorías internacionales especializadas en investigaciones de mercados. Los resultados de estos trabajos permitieron analizar y conocer la dinámica comercial de los sectores en los cuales existe un potencial
    [Show full text]
  • The Benelux Food Retail Market Retail Foods Netherlands
    THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: 6/25/2012 GAIN Report Number: NL2014 Netherlands Retail Foods The Benelux Food Retail Market Approved By: Mary Ellen Smith Prepared By: Marcel Pinckaers Report Highlights: The turnover of the Benelux food retail industry for 2011 is estimated at € 56.3 billion. For 2012, turnover is expected to increase by 2.5 percent. The retail market is fairly consolidated. Top 3 food retailers in the Netherlands have a market share of 64 percent while in Belgium the leading 3 retailers have 72 percent of the market. Sustainable food (including organic products) is one of the most important growth markets in food retail. The market share for private label products continues to go up in both Belgium and the Netherlands. The demand for convenient, healthy and new innovative products continues to be strong. Post: The Hague SECTION I. MARKET SUMMARY Benelux Food Retail Market Approximately 80 percent of the Dutch food retail outlets are full service supermarkets, operating on floor space between 500 and 1,500 square meters located downtown and in residential areas. Retailers with full service supermarkets have responded to the need of the Dutch to have these supermarkets close to their house. The remaining 20 percent includes mainly convenience stores (near office buildings and train/metro stations), some wholesalers and just a few superstores (convenient located alongside highways in shopping malls and industrial parks). The Belgians show a different shopping pattern.
    [Show full text]
  • “The SME's Fight Back: Or David Can Win If He Has Big Enough Stones”
    “The SME’s fight back: or David can win if he has big enough stones” AUTHORS Charles S. Mayer M. Reza Bakshandeh ARTICLE INFO Charles S. Mayer and M. Reza Bakshandeh (2014). The SME’s fight back: or David can win if he has big enough stones. Innovative Marketing , 10(1) RELEASED ON Thursday, 03 April 2014 JOURNAL "Innovative Marketing " FOUNDER LLC “Consulting Publishing Company “Business Perspectives” NUMBER OF REFERENCES NUMBER OF FIGURES NUMBER OF TABLES 0 0 0 © The author(s) 2021. This publication is an open access article. businessperspectives.org Innovative Marketing, Volume 10, Issue 1, 2014 Charles S. Mayer (Hungary), M. Reza Bakshandeh (Hungary) The SME’s fight back: or David can win if he has big enough stones Abstract This paper describes how two local Hungarian retail cooperatives, made up of SME’s, have been able to capture a large market share, and put sufficient pressure on a major Belgian multinational, the Louis Delhaize Group, to withdraw from the market. While clearly other factors were also at work in the disenchantment of Delhaize, leading to its withdrawal from Hungary, the case study gives a recipe for the survival of local SME’s facing a frontal attack by MNEs. Two different business models are described. Keywords: SME’s, underdogs, MNE’s, Hungary, retail competition, cooperatives. Introduction In 1999, the Delhaize group acquired one of the early entrants into Hungary, the Julius Meinl group of In December 2011, Belgian-based Louis Delhaize Austria. Julius Meinl consisted of 4 chains (Julius Group, which owned the Match, Cora and Profi Meinl, Jeee Diszkont, Jeee C+C, and Alfa), chains in Hungary, announced that it will cease all consisting of approximately 160 stores and 25 its activities, and exit the Hungarian market [15].
    [Show full text]
  • The Economic Crisis, an Opportunity for Retailers in Romania
    Munich Personal RePEc Archive The economic crisis, an opportunity for retailers in Romania Dabija, Dan-Cristian and Alt, Monika Anetta 2012 Online at https://mpra.ub.uni-muenchen.de/40361/ MPRA Paper No. 40361, posted 06 Aug 2012 14:04 UTC The economic crisis, an opportunity for retailers in Romania The economic crisis, an opportunity for retailers in Romania Dan-Cristian Dabija Monika Anetta Alt There is a clear tendency for the Romanian retailing to adapt to the requirements of the international market. If in the years following Romania’s adherence to capitalism the indigenous retailing was marked by a strong segmentation in small retail units with low turnover, retail chains were considerably developed. The domestic market began to be penetrated by the first European retail chains in the mid-nineties of the last century. That was the spark of the change, to which many of the players in the retail sector were not able to adapt. During this period one can notice, on the one hand, a decrease in the majority shareholding of state-owned capital in favor of private capital and, on the other hand, a decrease in the value of the public sector and an increase in the value of the private sector. Romania’s accession to the European Union and the removal of customs barriers to the merchandise brought from other member states represented for retailers the long-expected signal of progressive expansion. After going through the stage of consolidation and intra and inter-organizational learning in Bucharest and a few important cities, new subsidiaries were subsequently opened in most of the county towns.
    [Show full text]
  • GAIN Report Global Agriculture Information Network
    Foreign Agricultural Service GAIN Report Global Agriculture Information Network Required Report - public distribution Date: 1/2/2001 GAIN Report #HU1001 Hungary Retail Food Sector Report 2001 Approved by: Paul Spencer-MacGregor U.S. Embassy Vienna Prepared by: Dr. Ferenc Nemes Report Highlights: Hungary’s grocery trade sector continues modernize and consolidate. Multinational retail chains drive this change with huge levels of investment and running battles for market share. Increasing real consumer income and changes brought by multinational hypermarkets open new opportunities for some U.S. food and beverage exporters. Domestic and European competition is strong. Complicated imports rules still exist. Exporters must be well informed and be prepared to implement marketing plans rapidly in order to exploit the opportunities in this growing market. Includes PSD changes: No Includes Trade Matrix: No Unscheduled Report Vienna [AU1], HU GAIN Report #HU1001 Page 1 of 9 Market Summary ..................................................... Page 1 of 9 Road Map for Market Entry ............................................. Page 3 of 9 Major Supermarket Profile ....................................... Page 4 of 9 Major Convenience Type Store Profile ............................. Page 5 of 9 Competition ......................................................... Page 6 of 9 Best Product Prospects ................................................. Page 7 of 9 Post Contact and Further Information ..................................... Page 8 of 9 I. Market Summary Turnover in the food retail sector declined between 1988 and 1996 (this corresponded with a drop in food consumption). However, the value of retail food sales increased from $6.0 billion in 1998 and to $6.42 billion in 1999. This represents only a 7 percent increase in dollar terms but the growth figure is somewhat understated because of the appreciation of the dollar.
    [Show full text]
  • GAIN Report Global Agriculture Information Network
    Foreign Agricultural Service GAIN Report Global Agriculture Information Network Scheduled Report - public distribution Date: 11/15/1999 GAIN Report #BE9027 Belgium-Luxembourg Retail Food Sector Report 1999 Approved by: David Cottrell U.S. Embassy Drafted by: Elza E. Peeters Report Highlights: Despite strong competition from EU food processors/exporters, Belgium provides good opportunities for U.S. consumer oriented foods. Importers, agents, and distributors remain the key to developing the Belgian food market. Includes PSD changes: No Includes Trade Matrix: Nobbb Annual Report Brussels [BE1], BE INDEX I. Market Summary ................................................................ Page 1 of 13 II. Road Map for Market Entry .................................................... Page 2 of 13 III. Competition ................................................................... Page 8 of 13 IV. Best Product Prospects ........................................................ Page 9 of 13 V. Contacts for Further Information ................................................ Page 9 of 13 GAIN Report #BE9027 Page 1 of 15 I. Market Summary ” Belgium is a small country (roughly the size of Maryland) with a population of 10.2 million and a per capita income near $27,242. Belgium has population density of 333 persons per square kilometer. Most of the population live in, or near, urban centers. Less than 2 percent are engaged in farming. The port and inland transport systems are highly developed. The business community is internationally oriented and services that potential exporters might need are readily available. ” Regional differences are strongly reinforced by language. Three official languages are spoken: Flemish (Dutch) dominates in the northern half of the country; French is spoken mainly in the southern half, called Wallonia; and German is used in a small area on Belgium's eastern border. In the business community, English is understood by almost everyone.
    [Show full text]
  • Low-Income Countries (Slics) and Dis- Countrydata in Volume2 Showtotal Debt Service Csse Optionsfor Reducingic
    11-.... " $t/l,, j ; i. ' ' ; " ' ! '' " ,: ,,.~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~WW... Public Disclosure Authorized AND ARYSUM~13 Public Disclosure Authorized TABLES~ ~ ~ Tx"C `77DSMMAy L~ xer~~ A~iwfoiAJYSI)eS l,p, g.Ci .ni Public Disclosure Authorized sF 4,,, tt i . ! ''.;q A! -X Public Disclosure Authorized i t A W O R L D B A N K B O O K -i i .)"I' 'lj .1.,. _X, I . , WorldDebt Tables 1994-95 External Finance for Developing Countries WorldDebt Tables 1994-95 ExternalFinance for Developing Countries VOLUME 1 ANALYSIS AND SUMMARY TABLES The World Bank Washington, D.C CopyrightC 1994 by the IntcernationulBank for Reodntuction and DcvelopmencTlchWorldBank 1818 H Street,N.W., Washington,D.C 20433, USA Al rgts rerved Manufaiured in the United Ses of America Fist prining December1994 This publicationhas bee compiledby the staffofthe Debt and FunanoeUnit and the IntenationalFinance Division ofthe World BanlesInternational Economics Department The WorldBank does nor acceptresponsibility for the acumacyor completenessof this publication.Any judgmentsexpressed are choseof WorldBank smffor consultantsand do not necessarilyrfiect the viewsof the Boardof ExecutiveDirectors or the governmentsthey represenL The mateial in this publicationis copyrighted.Request for pemissionto reproduceportions of it shouldbe senat the Officeof the Publisherat die addressin the copyrightnotice above. Th WorldBank encourg disseminationof itswork arI willnormally gie permissionprompdy and, whn reproductionis for noncommercialpurposes, without askin a fie Permissionto
    [Show full text]