On the 25th of June, SCP Group will officially purchase Real from the Metro Group. SCP Group getting ready The sale will include the online platform Real.de, which the SCP Group is already preparing for resale. The SCP Group will also take full control of all Real's business units, with former Lidl board member, Bojan Luncer, heading up the new operation. Along with its real estate partner,...

Following Wumart’s announcement last October that it intends to acquire an 80% stake in Metro China, the deal is now complete on 23 April. In this article, we explore what impacts this merge might bring to China’s grocery industry. Metro’s strengths make up the shortcomings of grocery retail in China China might lead the world in digital payment and retail technology, its grocery retail i...

We bring you the latest news on how retailers and suppliers are coping with the challenges of COVID-19 in Germany. We will continue to update this article with the latest initiatives. Ten-point plan for retail The German Trade Association has laid out a plan for a gradual return to normality. It includes measures to support small businesses, stimulate consumer spending, adjust labour l...