Top 5 Supermarket Retail Chains In Luxembourg

Updated July 17, 2024 4:26 PM By Steve Wynne-Jones

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Top 5 Supermarket Retail Chains In Luxembourg

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In June 2024, Luxembourg's annual inflation rate was 2.2%, down from 2.6% in May, according to Statec, Luxembourg's statistics authority. The consumer price index (CPI) decreased by 0.1% compared to the previous month.

Food prices fell by 0.4% from May to June. Notable decreases were seen in the prices of fresh fruit (-2.6%), baby food (-3.9%), and cheese (-0.7%). However, prices for some items increased, such as olive oil (+4.1%), chips (+3.2%), and fresh seafood (+3.2%). On an annual basis, food prices were 1.6% higher.

Luxembourg reported the highest increase in retail sales volume of any country within the European Union in May 2024, with a 10.4% increase, according to Eurostat. Other countries with notable increases included Croatia (+8.4%), Romania (+6.5%), Slovakia (+5.3%), and Lithuania (+5.1%).

Elsehwhere, the consumer confidence indicator, established by the Banque Centrale du Luxembourg, showed a slight increase in June 2024. Households raised their expectations regarding the general economic situation in Luxembourg and their own future financial situations. There was also a significant upward revision in their intentions for major purchases.

At the same time, high interest rates continue to impact the expenses of most companies in the business sector, leading to concerns about the availability of credit and investment. Statec noted that demand for credit and investment outlooks remained weak at the beginning of 2024.

However, investment is expected to recover in 2025 due to a projected fall in key interest rates and a revival in demand.

Statec forecasts that inflation in Luxembourg will average 2.3% in 2024, with an expected increase to 2.6% in 2025.

Here's an overview of the top five supermarket retail chains in Luxembourg, according to their most recently-available full-year turnover. All data is supplied by Retail-Index (www.retail-index.com).

***EXCLUSIVE OFFER*** Gain access to Retail-Index.com with a limited discount of 15% – use the code ESM15 in the remarks section on the Price & Order form.

1. Cactus
Turnover: €871 million (2022)

Cactus is the leading retail chain in Luxembourg, with a turnover of €851 million as of 2022.

It has 70 outlets across the country, which include Cactus Hobby, Cactus Hypermarket, Cactus Marché, Cactus Supermarché, Les épiceries Cactus Shoppi, and shopping centres.

2. Auchan
Turnover: €268 million (2022)

French retailer Auchan has 23 outlets across the country, including Auchan Hypermarket, Auchan Supermarché, AuchanDrive and My Auchan stores. It has had a presence in the market since 1996.

3. Delhaize
Turnover: €175 million (2020)

Part of Ahold Delhaize, Delhaize's network in Luxembourg incorporates 58 outlets across the country as of 2022, including Delhaize, Delhaize Supermarkt, Proxy Delhaize, and Shop&Go stores. Delhaize reported a turnover of €175 million in Luxembourg in 2020.

4. Aldi
Turnover: €90 million (estimated, 2020)

Aldi has 15 outlets across Luxembourg as of 2022, and reported an estimated turnover of €90 million in 2020. The discounter has had a presence in the market since 1990.

5. Colruyt
Turnover: €42 million (estimated, 2020)

Belgian supermarket chain Colruyt operates five outlets across its neighbouring country as of 2022, and reported an estimated turnover of €42 million in the country as of 2020.

About Retail-Index

Retail-Index is a specialist supplier of management information on consumer retail markets, provided by Veraart Research Group in the Netherlands. Its mission is to supply managers with up-to-date key information on retail markets in Europe and support them in their international expansion.

The company dates back to 1964, when it started as a market research and marketing consulting company for consumer products and services. In 1989, it started publishing written reports on various retail sectors in Europe. As of 2005, it publishes its information on retailers through the online database and curated datasheet exports available on www.retail-index.com. A team of researchers manages the data to reflect upon current developments in the markets, collected from an extensive number of sources.