Rewe Group announces 2019 growth plans | Progresiv

Rewe Group has announced its investment plans for expanding and modernizing its store network in the next financial year. The German operator of REWE and Penny banners will invest a total of 1.6 billion euros in its operations next year. Of this, nearly 1 billion euros is being allocated to Germany.

Rewe Group in Germany will be opening and relocating nearly 300 REWE and Penny stores while nearly 600 stores are being constructed, relocated or modernised abroad.

At home, Rewe will continue to pursue inner city or urban locations in mixed-used or residential developments as it seeks to move closer to the shopper. (www.kantarretailiq.com)