Dayeeta Das

1 week ago | esmmagazine.com | Dayeeta Das

Meal delivery firm Deliveroo has reported a 7% year-on-year increase in order growth, with gross transaction value (GTV) per order up 2% in the first quarter of its financial year. Group revenue for the quarter was up 8% in constant currency, the company said in a trading update. The revenue take rate (percentage of GTV) decreased 40 bps year on year, as expected, to 27.7%, mainly due to continued investments in the consumer value proposition (CVP).

1 week ago | esmmagazine.com | Dayeeta Das

Irish dairy firm Ornua has reported group turnover of €3.4 billion in its financial year 2024. The Kerrygold parent saw double-digit growth in operating profit of 11.8% compared with 2023, while group EBITDA increased by 10.5%. Ornua sold 353,000 metric tonnes of Irish dairy products worth €2 billion during the year driven by strong product prices.

1 week ago | esmmagazine.com | Dayeeta Das

German cooperative retailer Edeka continued to witness stable growth in its financial year 2024 as sales increased 6.5% year on year to €75.3 billion. Edeka’s approximately 3,200 independent retailers generated €40.8 billion in sales in 2024, representing a 3.9% increase compared to the previous year. Operating profit for the year increased by 13.9% to €616 million. Netto Marken-Discount saw sales growth of 2.7%, to €17.6 billion, during the financial year.

1 week ago | esmmagazine.com | Dayeeta Das

SPAR Hungary moved its online shopping service to Wolt in March 2025 as part of its efforts to offer more efficient and faster deliveries. Shifting to Wolt will allow the retailer to offer online grocery deliveries within an hour as well as continue its in-store pickup service. Customers will be able to choose from around 10,000 products, including all food categories such as vegetables and fruits, bakery products, dairy products, delicatessen, meat, chemical products, beverages, and pet food.

1 week ago | esmmagazine.com | Dayeeta Das

French households visit almost nine different retailers at the same time, relying on one or two main stores, according to a new study from Kantar. This fragmented shopping behaviour in France, along with sluggish consumer spending has made it difficult, if not impossible, for supermarket chains to recruit new shoppers. Retailers are focusing on strengthening their value proposition to gain market share from competitors and retain existing customers.