Germany’s competition authority, The Federal Cartel Office (Bundeskartellamt), has approved Kaufland’s acquisition of some Real stores in Q4 2020. By taking over these stores Kaufland is improving its purchasing position in the country. Acquisition of 92 Real hypermarkets approved Kaufland’s acquisition will see it acquire 92 of the 101 Real hypermarkets it applied for originally, although ...

Schwarz Group, Lidl and Kaufland parent’s company, is set to launch smart cloud solutions in early 2021. Lidl is reorganizing its IT and digital divisions to focus on the digital transformation of its stores, while the recent acquisition of the real.de marketplace will accelerate Kaufland’s omnichannel transformation. Smart cloud solutions made in Europe Schwarz Group will launch clou...

Schwarz Group reported a net sales increase of 8.6% to €113.3 bn for its financial year 2019/20. Lidl posted one of its strongest growths in the recent years with net sales up by 9.5% while Kaufland sales grew by 4.5%. The group maintained its expansion pace with 400 store openings, similar to 2018/19, reaching 12,500 stores in 33 countries. Lidl: sales growth accelerates The discounter ...