Carrefour and Aldi overtaken: Grocery retailer sees itself as number 2 in Europe
Money back: Anyone who has bought the product in question can bring it back to the supermarket – even without a cash receipt.
The German Rewe Group benefited from the Corona restrictions in 2020 and sees itself on the verge of becoming the second largest grocer in Europe. In the past financial year, the cooperative trading and tourism company reportedly broke the 75 billion euro mark for the first time.
“We will probably rise to the second largest grocery group in Europe behind the Schwarz Group. We should have overtaken Carrefour and Aldi in Europe,” said Rewe CEO Lionel Souque of the “Frankfurter Allgemeine Zeitung” (Tuesday).
The Schwarz Group, which operates more than 12,000 branches worldwide with its Lidl and Kaufland divisions, recently achieved sales of more than 110 billion euros.
According to the information, the takeover of Lekkerland accounted for 12 billion euros of Rewe's sales growth. “In terms of earnings, too, we will compensate for the losses in other areas such as tourism,” announced Souque, with a view to the loss of sales at the subsidiary DER Touristik.
The Rewe boss is critical of the state aid for the competitors FTI and TUI: “We will not allow the loan to be waived at the end of the day. Many agreements are not transparent, which is why we speak to the EU Commission . ” Until now, DER Touristik has not had to apply for any government loans, nor do I intend to.
In Austria, Billa, Merkur, Bipa, Penny and Adeg belong to Rewe.
