Germany news 

This Tuesday (5 July), FEMSA, a Mexican Coca-Cola bottler and convenience store operator, announced its all-cash offer to acquire Swiss convenience and foodservice retailer Valora. The deal is subject to regulatory approval, but if approved, FEMSA has agreed to purchase all the publicly held shares of Valora Holding AG for 260 Swiss francs per share, totaling CHF1.1 bn (€1.1 billion). It expect...

The newly published annual report for 2021 saw a 2.9% increase in sales on the previous year, with an annual turnover of €62.7bn. Edeka remains the market leader in Germany with an impressive 29.8% market share.. CEO promises large investments for 2022 Markus Mosa, Edeka’s Chairman of the board and CEO talked about the possibility of acquiring a further 80 new locations for its discount ret...

Lidl and Kaufland’s parent company, Schwarz group has announced its FY21 results. Key numbers for the year ending February 2022 Group sales + 6.6% to €133.6bn Kaufland sales +7.4% to €27.3bn Lidl sales +4.7% to €100.8bn Total online sales for both banners reached €1.7bn The group invested €8bn last year in opening new stores, modernizing existing ones and financia...

German drugstore chain, Rossmann reported a successful financial year in 2021 as its group sales increase 8.1% to €11.1 bn. Germany continues to lead growth Germany remained the leading growth driver for the group as sales increased by 8.2% to €7.9 bn (2020: €7.3 bn). Its international operations also experienced growth with sales up by 7.8% to €3.2 bn (2020: €3.1 bn). It ended the fi...

Metro Group’s sales rose 19.4% in local currency terms and by 20.0% in total, reaching €7.6 bn. The company reported its revenue in the Q1 2021/22 period exceeded its pre-pandemic levels ‘ despite ongoing restrictions ’. Metro, though, noted the challenges it faced during Q1 2020/21, when total sales contracted by 16% due to Covid restrictions in many of its key markets. Growth was driven by a...

Retailers in Germany have been increasing their focus on sustainability, with the government also introducing initiatives to drive this. Rewe launches omnichannel campaign Rewe has rolled out a campaign called ‘Gutes beginnt mit mir’ (good things begin with me), in order to highlight the important role that shoppers have in making more sustainable choices. The campaign uses data and product...

We bring you the latest news from Rewe Group in Germany. Partnership with SK gaming Rewe has announced it will partner with SK gaming, who are one of the best known brands in e-sports. The retailer will be the official nutrition partner and will provide nutritional support to the company. Rewe has previously worked with the DFB national teams as a nutritional partner and has a lot of experi...

Sustainability remains an important topic for retailers in 2022, with many continuing to improve their commitments and go the extra mile. The Schwarz Group continues to raise its targets, with the intention to set improvements where necessary, while Lidl has extended its Eco-Score trial across multiple countries. Separately, SPAR Austria has introduced a deposit return scheme on glass jars, for...

Netto, the discount chain owned by Edeka, has launched a hybrid frictionless grocery store in Munich, the first of its type from a discounter. The store is 250 sqm and stocks over 3,500 SKU’s, a significant offer for a store of this type. First checkout-free store for the retailer Netto has over 4,000 stores across Germany and offers a large selection of groceries for a discounter. For the ...

Metro Group has achieved sales at the upper end of the guidance range forecasted. Strong performance in the second half of the year drove this and sales for 2021/22 are forecast to grow by 3-7%. Almost €25bn in annual sales For the 2020/21 financial year, Metro Group achieved stable sales in local currency, meaning sales remained the same as the previous year. However, due to negative curre...