Picnic

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.

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. 

German supermarket group Edeka - which has an interest in Dutch web supermarket Picnic - is selling its delivery service Bringmeister to Czech investment group Rockaway. This may increase German online competition.

Picnic almost doubled its turnover in 2019, although losses also increased. In the meantime, the online supermarket is preparing to expand into France - and who knows, into Belgium also?

Supermarket chain Edeka intends to double its stake in the Dutch online supermarket Picnic. The German market leader currently owns 10 percent of Picnic International and 35 percent of Picnic Germany.

Retailers in the Benelux will face declining consumer confidence and increasing competition in the coming years, credit rating agency Moody’s says in a new report. Traditional retail chains are forced to make high investments due to the growth of online retail, which has a negative impact on profits and creditworthiness.
 

Belgian Stijn Martens wants to replicate the success of Dutch online-only supermarket Picnic in his home country. His project Hopr will start a trial project in a Belgian city early next year.