The implosion of the AgeCore alliance is sharpening the conflict of interests between supermarkets and brand manufacturers: multinationals are demanding action against abuse of power, while food retailers are defending the free market. Warning: even bigger buying groups may be in the making.
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As retail alliance AgeCore breaks up, a movement of alliances in food retail is imminent. This could lead to a further spread of unfair trading practices in the EU, brand manufacturers fear.
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After German Edeka, French retailer Intermarché also wants to leave the AgeCore alliance. In the background is a redrawing of the landscape of French purchasing alliances: "Everyone talks to everyone".
The future of European retail alliance AgeCore is highly uncertain now that German supermarket chain Edeka is cancelling its membership. One of the reasons is a lawsuit in France about possible abuse of power.
Dirk Depoorter, general manager of Retail Partners Colruyt Group, will next year lead the European retail alliance Agecore, which has been regularly in the news in recent years due to trade disputes with major FMCG suppliers.
Hard discounters lost market share in the Netherlands last year, which is remarkable. Market leader Albert Heijn remained stable, the big winner being Jumbo, partly thanks to acquisitions.
Coop has acquired all 163 Swedish stores of the Danish Netto chain. However, the deal is still awaiting permission from the competition authorities.
Swiss distribution group Micros saw its annual turnover grow by 1.4% to 28.5 Swiss franks in 2018. Earlier, its rival Coop also significantly increased its turnover and reached the milestone of 30 billion CHF for the first time.
Coop has opened a concept store called Fooby in Lausanne. It is a premium foodmarket based on Coop's culinary online platform of the same name.
There is still no solution in the dispute between purchasing group Agecore and brand manufacturer Mars. More products will become unavailable at Colruyt and other members. Elsewhere in Europe, new conflicts are brewing.
Jumbo and Coop have announced how they will split the Emté supermarkets they have acquired. 79 will go to Jumbo and 51 will become Coop supermarkets.
Sligro Food Group sold its struggling supermarket chain Emté to a group which consists of supermarket companies Jumbo and Coop.
Coop opened its first Karma store in the Zug train station, south of Zurich. The store (and formula) is named after its vegetarian private label, which is obviously very present in the store’s product range.
Italian chain Coop opened a highly technological supermarket in Milan, with augmented reality to inform shoppers about their shopping and eating behaviour. The goal: sustainable consumption.