The German grocery retail ranking for 2017 shows that the top retailers have been able to extend their lead. Many smaller players are having difficulties to catch up, and the uptrading trend will only accelerate consolidation.
Edeka is ready to start the joint enterprise it has formed with Budnikowsky to enter the drugstore market, Lebensmittel Zeitung has learned. However, both will expand and operate separately, despite their common banner name, Budni.
After entering a partnership with Budnikowsky, Edeka has now announced that it plans to establish a new health & beauty chain in cooperation with the Hamburg-based drugstore operator, according to Lebensmittel Zeitung. Firstly Edeka will support Budnikowsky with procurement.
LZ Retailytics’ team of senior analysts is bringing our analysis platform to life but their knowledge and experience extend well beyond that. They specialise in new store formats, e-commerce, private label, hard discount and more. From time to time they share their viewpoint about current topics and trends, backed by robust data from LZ Retailytics.