Globus news

04 November 2021
Despite impacts to its business from the COVID-19 pandemic, Globus sales for the 2020/2021 financial year grew by 2.4% to €7.76bn. Hypermarkets drove the growth Its hypermarket business in Germany, which comprises of 49 stores, grew by 3.4% to €3.5bn, including petrol stations. This occurred even as the restaurant areas within the stores had to close for some of the year due to the pandemic...
05 December 2019
German hypermarket retailer Globus is planning to expand further across Russia. Steady expansion Since entering Russia 13 years ago, Globus has expanded its footprint and now operates 15 stores in the greater Moscow area. The German retailer has enjoyed success in the market with sales growing 6.4% in 2018/19 in local currency, to a turnover of RUB 107bn. Its stores are currently all locate...
05 September 2019
European retailer alliance EMD has announced plans to launch a data sharing platform that will give branded manufacturers visibility of sales data from a selected number of its members. Platform to launch in 2020 EMD said the platform, which it is creating in conjunction with AC Nielsen, will provide sales data from companies like ESD Italia, Euromadi Spain, Globus International, Kaufland ...
18 January 2019
Germany-based Globus opened its 14 th hypermarket in Russia in November 2018. The 22,500 sq m store, in Balashikha near Moscow, is expected to receive seven million customers annually. “Buyers will be able to find everything” The hypermarket in Balashikha offers a large assortment, of 45,000 SKUs, with between 30% and 45% manufactured by suppliers in the Moscow region. It covers all food c...
18 October 2018
As locally-based Rewe and Netherlands-based online specialist Picnic announce plans to expand in the country, Globus invests in digitalisation and plans expansion of its own. Rewe to invest €1.6bn Rewe plans to invest €1.6bn to expand and modernise its store network. The retailer will open or relocate 300 Rewe and Penny stores in the country, with €1.0bn of the investment. Rewe also intends...
19 October 2017
Globus has reported strong sales in 2017 as a result of its investments in its business. Strong performance in 2017 Turnover for its fiscal year 2017, which ended on the 30th June, was up 6.2% on last year, to €7.52bn. The German business saw sales increase by 1.6% to €3.3bn. Russia  showed particularly impressive performance, with sales up 25% from last year. Its Czech business grew as...
08 September 2017
Globus is rebranding and expanding its loyalty card, My Globus. New and improved loyalty card The rebranded loyalty card will allow shoppers to access discounts at the retailer's local, regional and national partners. Customers can collect points when they shop in-store, as well as at Globus petrol stations and a variety of online shops. Loyalty cards can help to drive footfall into the sto...
13 July 2017
From the launch of the Magnit Pharmacy banner to the expansion of online grocery channel, IGD looks at the latest developments in Russia's grocery retail market. Magnit launches pilot pharmacy banner Magnit opened four pilot stores under the banner ‘Magnet Pharmacy’, two as stand-alone units and two as shop-in-shop units within Magnit hypermarkets. The stores will stock 3,500 SKUs and are...
12 January 2017
In December 2016, Lenta signed a joint-procurement agreement with the private-owned Belarusian retailer, Euroopt. This agreement allows both entities to share suppliers and build on their buying power, thus forming a buying alliance. Another retailer seeking buying alliance in CEE Lenta is so far the second retailer with operations in the CEE to show interest in buying alliances. German Glo...
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...