Lidl is well on the way to achieving its REset Plastic goals and is rolling out Rescue Bags across Germany to reduce food waste. Excellent progress towards 2025 plastic usage targets The Schwarz group set ambitious targets for 2025 as part of its REset Plastic goals. Already though, great progress has been made by Lidl in the last financial year: 18% less plastic used across its netwo...

This Tuesday (5 July), FEMSA, a Mexican Coca-Cola bottler and convenience store operator, announced its all-cash offer to acquire Swiss convenience and foodservice retailer Valora. The deal is subject to regulatory approval, but if approved, FEMSA has agreed to purchase all the publicly held shares of Valora Holding AG for 260 Swiss francs per share, totaling CHF1.1 bn (€1.1 billion). It expect...

The newly published annual report for 2021 saw a 2.9% increase in sales on the previous year, with an annual turnover of €62.7bn. Edeka remains the market leader in Germany with an impressive 29.8% market share.. CEO promises large investments for 2022 Markus Mosa, Edeka’s Chairman of the board and CEO talked about the possibility of acquiring a further 80 new locations for its discount ret...