Germany

German Business Morale Approaches 2023 On High Note: Ifo

German business morale rose more than expected in December as the outlook for Europe's largest economy improved despite the energy crisis and high inflatio...

REWE Opens Fully Autonomous Pick&Go Store In Munich

German retailer REWE has opened a fully autonomous Pick&Go store in Munich after testing the format in hybrid mode in Cologne and Berlin.

Wholesaler Metro AG Reports 'Record' Sales Growth In Full Year

Wholesale giant Metro AG has reported what it described as 'record sales growth' for its 2021/22 financial year, with sales rising more than 20% in local c...

Hapag-Lloyd CEO Sees Bounce In Shipping Demand As Short-Lived

Germany's Hapag-Lloyd is seeing a small uptick in demand for shipping after a decline in recent months, but the company on Tuesday reiterated its more...

REWE Launches 'REWE Savings Assistant' Chatbot On Instagram

German retailer REWE Group has launched REWE Savings Assistant – an Instagram chatbot that informs shoppers about weekly offers available in its app.

Metro Announces Climate Partnership With Düsseldorf

Wholesaler METRO has entered into a partnership with Düsseldorf to actively contribute towards the city achieving climate neutrality by 2035.

Aldi Exits Danish Market, Sells 114 Stores To Norway's Reitan Retail

Norway's Reitan Retail said on Friday it had agreed to buy 114 Danish grocery stores and three distribution centres from German rival Aldi for an...

Getir Buys Grocery App Rival Gorillas In $1.2bn Deal: Report

Turkish fast delivery company Getir has closed its acquisition of German rival Gorillas in a deal that values the combined group at $10 billion, the Financ...