Cooperative, | |
Industry | Retailing |
Founded | 1927 (current form 1972) |
Headquarters | Cologne, Germany |
Key people
|
Alain Caparros, CEO Heinz-Bert Zander, Chairman |
Products | Discount Stores, Grocery Stores, Convenience stores, Cash&Carry, Hypermarkets, Home improvement, Optical, Pharmacy, Clothing, Cosmetics and more |
Revenue | €50.6 billion (2013) |
Number of employees
|
329,418 + Severin (2013) |
Website | www.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 operate under the REWE-Zentral 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.
DER Touristik is the tourism division of Rewe Group:
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.
In 1979, Rewe won a significant case in the European Court of Justice, the Cassis de Dijon case.