Edeka news

Israeli-based Trigo, which has developed technology to power autonomous, or checkout-free stores, has raised $100m in new funding to drive expansion in Europe and the Americas. We look at what this means for the broader sector. Taking the technology to larger stores Trigo has been one of the leading technology partners for retailers to help them develop autonomous shopping experiences. The ...

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...

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...

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 ...

We bring you the latest news from the German market in relation to some of the country's leading retailers, including Globus, Aldi and Edeka. Globus to partner with Lieferando The Globus market in Koblenz has teamed up with local food delivery company, Lieferando, to offer its freshly cooked dishes to those in the local area. The Globus restaurant is well known in Koblenz and offers seasona...

As quick commerce becomes increasingly competitive in Europe, we round up the latest news. Carrefour launches ‘Sprint’ with UberEats and Cajoo in France Using Cajoo’s network of dark stores and UberEats delivery network, Carrefour Sprint has been launched, combining expertise from the three companies. Shoppers will be able to receive orders in less than 15 minutes from a range of around 2,0...

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...