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Rewe plan to invest 1.6 billion Euro

admin1 weeks ago (05-23)Marketing20
This year the German Rewe group are planning to invest 1.6 billion Euro in the expansion and moderni…
This year the German Rewe group are planning to invest 1.6 billion Euro in the expansion and modernisation of their store network, reports the German website Focus.de.

The investment was announced by Rewe director Alain Caparros. Over the last year Rewe have already invested around 1.5 billion Euro, half of which was in Germany. The reason behind this investment is a wish to more positively define themselves from the competition. The company plan to build on extra amenities to their branches, such as bistro's, cafés or sushi bars.

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