Globus news

Mein Real hypermarket stores are back under the control of SCP Group, and it is looking to sell. Tischendorf family unable to improve stores In June 2022, the Tischendorf family took control of 62 former Real hypermarkets from SCP Group. Initial investment was made and a supply deal was struck with REWE, which included its private label ranges being made available in Mein Real stores. Af...

Following German retailer Globus announcing double digit sales growth in 2021/22, we visited one of its hypermarkets on a recent trip to Düsseldorf. Double digit sales growth Globus reported a 13.6% increase in its sales in the full year 2021/22, achieving a turnover of €8.8 billion. Its hypermarkets generated sales of €6.8 billion in 2021/22, a 14.9% YoY growth. Its network expanded by ...

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...

Despite impacts to its business from the COVID-19 pandemic, Globus sales for the 2020/2021 financial year grew by 2.4% to €7.76bn. Hypermarkets drove the growth Its hypermarket business in Germany, which comprises of 49 stores, grew by 3.4% to €3.5bn, including petrol stations. This occurred even as the restaurant areas within the stores had to close for some of the year due to the pandemic...

German hypermarket retailer Globus is planning to expand further across Russia. Steady expansion Since entering Russia 13 years ago, Globus has expanded its footprint and now operates 15 stores in the greater Moscow area. The German retailer has enjoyed success in the market with sales growing 6.4% in 2018/19 in local currency, to a turnover of RUB 107bn. Its stores are currently all locate...

European retailer alliance EMD has announced plans to launch a data sharing platform that will give branded manufacturers visibility of sales data from a selected number of its members. Platform to launch in 2020 EMD said the platform, which it is creating in conjunction with AC Nielsen, will provide sales data from companies like ESD Italia, Euromadi Spain, Globus International, Kaufland ...

Germany-based Globus opened its 14 th hypermarket in Russia in November 2018. The 22,500 sq m store, in Balashikha near Moscow, is expected to receive seven million customers annually. “Buyers will be able to find everything” The hypermarket in Balashikha offers a large assortment, of 45,000 SKUs, with between 30% and 45% manufactured by suppliers in the Moscow region. It covers all food c...

As locally-based Rewe and Netherlands-based online specialist Picnic announce plans to expand in the country, Globus invests in digitalisation and plans expansion of its own. Rewe to invest €1.6bn Rewe plans to invest €1.6bn to expand and modernise its store network. The retailer will open or relocate 300 Rewe and Penny stores in the country, with €1.0bn of the investment. Rewe also intends...

Globus has reported strong sales in 2017 as a result of its investments in its business. Strong performance in 2017 Turnover for its fiscal year 2017, which ended on the 30th June, was up 6.2% on last year, to €7.52bn. The German business saw sales increase by 1.6% to €3.3bn. Russia  showed particularly impressive performance, with sales up 25% from last year. Its Czech business grew as...

Globus is rebranding and expanding its loyalty card, My Globus. New and improved loyalty card The rebranded loyalty card will allow shoppers to access discounts at the retailer's local, regional and national partners. Customers can collect points when they shop in-store, as well as at Globus petrol stations and a variety of online shops. Loyalty cards can help to drive footfall into the sto...