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REWE Group

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REWE Group
Company typeCooperative
IndustryRetailing
PredecessorStüssgen Edit this on Wikidata
Founded1927 (current form 1972)
Headquarters,
Key people
Alain Caparros, CEO
Heinz-Bert Zander, Chairman
ProductsDiscount Stores, Grocery Stores, Convenience stores, Cash&Carry, Hypermarkets, Home improvement, Optical, Pharmacy, Clothing, Cosmetics and more
RevenueIncrease 50.6 billion (2013)
491,400,000 Euro (2017) Edit this on Wikidata
337,800,000 Euro (2017) Edit this on Wikidata
Total assets19,506,400,000 Euro (2017) Edit this on Wikidata
Number of employees
329,418 (2013)
Websitewww.rewe-group.com

The REWE Group is a German diversified retail and tourism co-operative group based in Cologne, Germany. The name REWE comes from Revisionsverband der Westkauf-Genossenschaften", meaning "Western Buying Co-operatives Auditing Association". The most important companies under the umbrella of the REWE Group, come under the REWE-Central AG and REWE-Zentralfinanz eG names. The basis of the co-operative trade group consists of a network of independent retailers. In the 2014 Financial Year, the REWE Group had a total external sales of €51.1 billion. The REWE Group is the second largest supermarket chain in Germany behind EDEKA.


Divisions

Trading

Tourism

DER Touristik is the tourism division of Rewe Group:

  • Tour operator brands: ITS, Jahn Reisen, Tjaereborg, Dertour, Meier’s Weltreisen and ADAC Reisen [1] and clevertours.com
  • Hotel brands: lti Hotels, Club Calimera and PrimaSol Hotels

In June 2015, it signed an agreement with Kuoni Travel that will pass on control over their European tour operations over to DER. The deal is expected to be completed in the third quarter of 2015. [2]

Country ranking in 2006

Country No. of Stores Sales (million euros)
Germany 8,939 M€31,220
Austria 1,901 M€4,618
Italy 337 M€1,736
France* - M€1,140
Romania 65 M€1,050
Switzerland* 22 M€904
Czech Republic 245 M€844
Poland 33 M€679
Hungary 200 (2015) M€667 (2015)
Slovakia 117 M€274
Croatia 50 M€215
Bulgaria 22 M€138
Russia 69 M€
Ukraine 21 M€68
  • *Sales of retail activities

Cassis de Dijon

In 1979, Rewe won a significant case in the European Court of Justice, the Cassis de Dijon case.

References

  1. ^ ADAC Reisen - Specialist for mobile holidays
  2. ^ Gretler, Corinne. "Kuoni Sells European Tour Operating Business to Rewe Group", Bloomber Business, 22 June 2015. Accessed 7 July 2015.