Picnic news

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...

As the newly merged Plus and Coop discuss their combined performance in 2021, we look at 2021 results from Vomar and Jan Linders and report on Picnic’s growth in 2020. Plus and Coop report flat combined performance for 2021 As part of the merger announcement, Plus and Coop reported their combined performance for 2021. The retailers said together they generated sales of €4.7 bn, a rise of 0....

Netherlands-based pure ecommerce retailer Picnic has raised further funding as it looks to expand in its existing markets of Netherlands, Germany, and its more recent entry of France. Picnic raises €600m in series D fundraising round The retailer raised €600m as part of its series D fundraising round, with investment coming from four organisations, including the Bill & Melinda Gates foundat...

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...

Picnic, a Dutch pure play online retailer is set to launch in France, according to reports by Lebensmittel Zeitung.  Launching in Lille According to the reports, Picnic will enter France through the launch of its services in Lille. It has already created a French subsidiary, under the name Picnic SAS. The reports also mention Picnic is currently recruiting French-speaking employees for its ...

As Netherlands-based Picnic enjoyed a doubling in turnover in 2019 and Farmy tripled its sales in 2020, we look at four developments in the online channel across Europe. Farmy tripled its turnover in 2020 Farmy, an online grocery specialist that only sells regional and organic products from more than 1,200 authentic producers in Switzerland, has reported growth of 170%, to CHF26m (US$29.2m)...

As market Albert Heijn launches the Bonus Box and extends its grab & go module, while Jumbo supports those in need and Picnic introduces a new payment option in the country, we look at five innovations from the Netherlands. Albert Heijn launches Bonus Box for app users… Bonus Box provides shoppers using Albert Heijn’s app with 10 extra offers weekly. Shoppers get to select five of the 10 of...

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...