Edeka news

Edeka has created a new buying alliance, Epic Partners, in conjunction with Everest alliance member Picnic. Following its launch, Edeka has encouraged several new members to join the group. A multi-national group Epic Partners, which has its headquarters in Geneva, will negotiate with the industry internationally. The group’s members include Biedronka, Migros, Magnit, ICA, Jerónimo Martins ...

As Edeka increases its stake in Picnic, sells off its Bringmeister delivery service and launches a new private label range, we round up news from the retailer. Edeka increases its stake in Picnic… Edeka has increased its stake in Picnic, without releasing details about how much of the latter business it now owns. Before this increase Edeka owned a 10% stake in Picnic and a 35% share of its...

Germany-based Edeka generated sales of €61 bn in 2020, a rise of 9.5%, or €5.3 bn, on the previous year. The performance was driven by COVID-19, which saw it position itself as a responsible grocer, while it also added new stores across its major banners. Strength across banners… Edeka branded stores generated sales worth €33.1 bn, a rise of more than €4 bn on 2019’s figure, with 82 new sto...

Trade publication Lebensmittel Zeitung has reported that Edeka is to leave the AgeCore buying alliance. The step follows its establishment of the Everest alliance with Netherlands-based, pureplay retailer Picnic. Short term uncertainty likely to be resolved in 2021 Although Edeka’s departure has not been completed, as talks are on-going about the sale of its shares, if it is confirmed i...

According to reports in France-based trade publication LSA, Picnic is finalising its launch in France, which will be supported by Cora, while Gianluigi Ferrari is set to be chief executive of the buying alliance, Everest, between it and Edeka. Gianluigi Ferrari to become chief executive of Everest The buying alliance between Netherlands-based Picnic and Germany-based Edeka, which was anno...

Earlier this year, we outlined five global trends that will shape the convenience channel this year and beyond. Below are some case studies to show how convenience retail and technology are connecting further. Edeka opens automated store in Germany Edeka has opened a 24/7 automated convenience store at Renningens train station. ‘E 24/7 Karow & Sommer’ stocks 300 SKUs items and will gra...

Edeka, according to reports from local trade press publication Lebensmittel Zeitung, is to complete the takeover of 44 Real stores. Edeka negotiating about acquiring more stores Edeka will be able to take over the 44 stores immediately but is negotiating about the potential acquisition of a further 28. However, in the interim period, Germany’s Federal Cartel Office, the Bundeskartellamt, ha...

Following developments in France, Italy, Netherlands and Germany, we round up developments from buying alliance across the region. Carrefour and Tesco reduce scope of joint private label buying According to reports in France-based trade publication LSA, following on from a similar step from the Horizon purchasing group, Carrefour and Tesco have committed to limiting the scope of their joint...

We bring you the latest news from Germany. Edeka Südwest improving fresh department Edeka Südwest set a goal of increasing its fruit and vegetable sales by 10% in 2019 which it was successfully able to do. It has developed and rolled out new concepts to aid with this and other departments that have seen impressive returns include bakery and meat. The coronavirus pandemic has also boosted sa...

The price war between Aldi and Lidl in Germany is escalating quickly, with the two discounters pushing prices down further. Most retailers are focusing their advertising and communication on low prices, following the VAT rate cut implemented by the government. VAT cut to help population and consumption Following the COVID-19 pandemic, the German government has implemented a temporary VAT ra...