Grocery retail cooperatives are losing market share and stores numbers in Europe are declining. Medium size-cooperatives are struggling to keep up with competition from both heavy investment by discounters to upgrade their concepts and franchise expansion by top players.
Large cooperatives are overly reliant on a single market. International expansion is for them particularly challenging, and this often results in market exits. To keep on growing in mature markets, they need to diversify into non-food channels in order to sustain growth.
Despite their decline, it is not all doom and gloom for cooperatives. This report reviews which are the leading European cooperatives, in which European markets they are dominant and how fast they can be expected to grow over the next five years.
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Gildas Aitamer (Senior Retail Analyst), on 09-Jan-2019 13:00:06