Schwarz Group is the No.1 grocery retailer in the Czech Republic
Schwarz Group is the leading retailer in the Czech Republic – and in Europe – as sales of the group soared by nearly 36 percent last year.
Lidl and Kaufland are the two biggest grocery retailers in the country. Lidl’s sales were up 19.6 percent in the 2017-2018 financial year, while net sales by Kaufland only grew by 1.1 percent. Kaufland’s market share is 14.3 percent and Lidl has a 10.6 percent share in the Czech market.
Hypermarkets are losing ground in the Czech Republic too. Albert, Tesco, Globus and Makro Cash & Carry, which represent more than one third of the FMCG market, keep reporting loss. In 2018 only Tesco managed to increase sales, by 2.9 percent, after they had reduced the floor space of stores by nearly 10 percent. //
Related news
New Product Launches In Spain Hit New Low, Study Finds
Innovation in Spain’s FMCG sector is at a record low,…
Read more >Schwarz Group acquires Romanian big box operator La Cocoș
In a market shaped by hypermarket contraction and discount dominance,…
Read more >István Nagy: Hungarian melon season starts with good quality melons
Compared to last year, the volume of melon imports has…
Read more >Related news
What makes us add the product to the cart – research
The latest joint research by PwC and Publicis Groupe Hungary…
Read more >Energy drinks are now legal: what every shopkeeper should know
New regulations on the sale of energy drinks came into…
Read more >Tens of millions with one opening tab – the biggest prize draw in XIXO history has started
This summer, XIXO is preparing for a bigger launch than…
Read more >