Edeka Südbayern Sees 3.1% Growth In 2018
Edeka Südbayern, part of Germany’s Edeka group of companies, has posted a 3.1% increase in sales in full-year 2018, to €2.59 billion.
Trade platform rundschau.de reported that the group, which includes around 740 retail entrepreneurs, posted ‘above-average’ growth in its production division.
Edeka Südbayern chief executive Claus Hollinger added that he was ‘particularly pleased’ with the development of former Kaiser's Tengelmann stores which were converted to Edeka outlets.
Together, the businesses that comprise Edeka Südbayern operate 959 Edeka supermarkets and hypermarkets.
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: The European Supermarket Magazine.