Rewe Group news

01 August 2016
As part of Rewe's plans to exit the Bulgarian market, Maxima has acquired 12 of the retailer's Penny stores in Bulgaria. The deal has already been approved by the Bulgarian Commission on Protection of Competition. Maxima's Bulgarian store count: +25%  As a result of the acquisition, Maxima will grow its Bulgarian store count from 48 to 60 stores, increasing its geographic presence. Maxima...
23 June 2016
As Netherlands-based Superunie launches a new private label brand, Leclerc and Rewe create a new purchase alliance and Spain-based Grupo IFA announces positive 2015 results, we look at news from Europe’s retailer alliances. Leclerc and Rewe establish Eurelec According to reports in Lebensmittel Zeitung Leclerc and Rewe have established a new joint venture, Eurelec Trading. CVBA Eurelec was...
04 May 2016
Leading Baltic retailer Maxima is looking to strengthen its position in Bulgaria by taking over 12 stores of Rewe’s Penny stores, as a result of the retailer's plans to exit the the market. As a result, it will operate 60 T-market stores in the country. Deal in the hands of local competition authorities Commenting on the development, Giedrius Juozapavicius, head of corporate affairs at ...
07 April 2016
Croatian conglomerate Agrokor, owner of the Konzum and Mercator grocery chains has revealed that it has launched a new online mall, abrakadabra, as well as making a series of senior-level appointments. Agrokor’s new online mall: abrakadabra As part A007, Agrokor’s  strategic online project , the Company has launched  abrakadabra , a new online store. The website offers over 100,000 p...
06 April 2016
Rewe Group has announced its best operating results in the history of the company, with turnover up 3.7% to €52.4bn and EBITA up 12% to €587m. Germany: Consumer behaviour changing favourably With revenue up 2.6% to €38.2bn in Germany, Rewe has benefitted from a change in consumer behaviour, particularly in the last three months of 2015. The main driver of growth was the full range s...
08 March 2016
Following on from a successful trial with Aral last year, Rewe Group in Germany has announced it will be rolling out its Rewe to go stores in Aral gas stations. Initial trial successful Aral is the largest petrol station chain in Germany with 2,500 gas stations. The two companies plan to convert 1,000 gas stations into Rewe's convenience format, Rewe to go. The initial trial involved 10...
28 January 2016
The pilot scheme is being trialled in Fuerstenfeldbruck, Germany, and is the retailers first full grocery Click and Collect offer. Investment in online continues to grow Rewe has previously ventured into online, however this has been primarily focused on non-food, with an online beauty shop, wine offer and pet supplies. In September 2015, the retailer trialled a premium meat offer, 'Bee...
22 December 2015
Carrefour has announced an agreement to acquire Billa Romania from Rewe Group, subject to regulatory approval. Boost market position in Romania The agreement covers 86 Billa supermarkets located across Romania, totalling 83,000 sq. m, boosting Carrefour's position in the market. Carrefour has previously acquired other Billa stores, namely in Italy in 2014. Romania is key market for C...
30 October 2015
As Starbucks releases impressive Q4 and full year trading figures, we look at the results highlights and three new routes to growth. Strong FY and Q4 results Results for the year impressed, with total revenue up by 17% to USD19.2bn. Operating income grew at a similar rate, up 17% to USD3.6bn, delivering an substantial operating margin of 18.8%. Same store sales grew by 7% over the year, an...
06 October 2015
Rewe announces its investment and expansion strategy, alongside its growth plans for the convenience channel and developments in private label. Rewe investing €1.7bn in new openings and refurbishments For the year 2015, Rewe  Group will have spent around €1.7bn on the construction and conversion of around 1,100 stores, across all banners. Around 200 of these will be new stores or ...