Globus news

20 December 2016
Europe’s largest buying alliance, EMD, has announced that Germany-based Globus will incorporate the total volume for the eastern European locations in Russia and Czech Republic into the EMD agreements. EMD also said that purchase and marketing volumes in Globus’s Germany-based hypermarkets will also be integrated into EMD agreements. Incorporation grows EMD’s reach The addition of Globus to...
20 October 2016
Germany-based Globus has reported full year sales for the year ending 30 June 2016 saying gross sales rose 1.2% to €7.08 bn. Performance boosted by home improvement and expansion Globus’s hypermarkets saw flat sales in 2016, at €3.28 bn, while its home improvement division saw growth of 5.5%, to €1.63 bn. The integration of Max Bahr and Praktiker stores boosted its home improvement arm, whi...
15 April 2015
As Edeka trials vegan counters in 50 stores, Globus and Albert Heijn investigate opportunities for convenience formats and discounter chain Norma reports healthy sales growth in 2014, we round up the news from the country. Norma sees sales rise 3.4% in Germany Discounter Norma has announced that sales in Germany rose 3.4% to €3.1 billion in 2014. The retailer said that it had benefited from...
17 December 2014
Anticipating massive price increases of imported goods, shoppers in Russia have been spending their savings in the last couple weeks, trying to invest their savings into valuable products. IKEA and M.video stores are very busy while Apple closed its online shop yesterday, for the second time since October, in order to change its pricing. All car dealers in Moscow have run out of cars, while luxur...
31 July 2014
As a reaction to the EU sanctions, the Russian government has banned the import of some products from the EU. While Polish farmers, McDonald’s and German retailers like Metro Group and Globus may be affected, German food producers had already diversified the risk by seeking new opportunities outside Russia. The second half of 2014 and 2015 will be a tough period in the Russian retail market a...
12 August 2013
The German retailer has announced it is strengthening its regional assortment in stores in Eastern Germany. ‘From Thuringia to Saxony – grown at ours’ The new regional private label range will have seasonal fresh produce grown by around 40 suppliers and farmers from the Thuringia and Saxony regions. Produce will have been grown within a 50km radius of the stores. Building on regional e...