|
Germany Food & Drink Report Q3 2006Published by: Business Monitor International Published: Sep. 1, 2006 - 74 Pages Table of Contents
AbstractIn the German mass grocery retail (MGR) sector, the fight formarket shares and retailers' efforts to improve their positioning in a mature and extremely competitive market has continued. Metro hopes to strengthen the position of its Real hypermarket chain, which has been characterised by weak performance over recent months, through the acquisition of the 85 hypermarket outlets of multi-national Wal-Mart, which had announced its exit from the German market in July 2006. Wal-Mart focuses its activities on markets where it has the potential to become a top-three retailer, which clearly was not possible in Germany. The German hypermarket sector is fairly concentrated, with Kaufland and Metro holding strong positions, and Wal-Mart only managed to reach a 1.5% market share in Germany's MGR sector in 2005. The strength of the discount sector and the difficult economic situation over the review period have furthermore contributed to disappointing sales, making Wal-Mart's decision not a big surprise. Leading MGR Edeka Group, which still has to deal with the integration of the Netto discount chain and the operations of Spar Group acquired during 2005, has announced ambitious plans for future growth, while Rewe Group hopes to make an impact with the re-branding of its diverse store network under the Rewe banner. Tengelmann will meanwhile focus on the re-launch of its Plus discount store network, with the aim to create a nicer shopping atmosphere and lift the stores upmarket, in line with the general trend towards more sophisticated store layouts and larger product ranges in Germany's discount retail sector. In the tobacco sector, the German government is expected to introduce new legislation following the summer break, including a ban on smoking in public places and restaurants, and on the sale of tobacco products to under-18-year-olds. BMI's new regional content this quarter focuses on the European bottled water market, as well as the booming discount retail sector. Regional company profiles of Unilever and Metro have also been added. Get Full Details About This Report >> |
|
|||
|
About MarketResearch.com
|
||||