French retail group Systeme-U has declined to comment on reports that it is trying to broker a strategic buying alliance within the European Marketing Distribution (EMD) group.
Go deeper with GlobalData
Last week, rival retail alliance Coopernic sign a cross-border deal with over 100 suppliers, which will be worth over EUR100bn (US$147bn) in the coming year.
Reports in France have claimed that Systeme-U is looking to tie-up a similar agreement with fellow EMD members Delhaize, Italy’s Esselunga-Selex and Dutch retail group SuperUnie.
With sales topping EUR120bn, EMD enjoys more buying leverage than Coopernic, which earns over EUR95bn in gross sales.
However, a high proportion of Coopernic’s sales come from hypermarkets and high-volume out-of-town complexes. EMD’s sales are generated in 50,000 smaller outlets across 22 European countries.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSysteme-U joined EMD within days of Coopernic being formed last February. Coopernic is made up of five of Europe’s largest grocers – Germany’s Rewe, French chain Leclerc, Belgium’s Colruyt, Italian retailer Conad and Switzerland’s Co-op.
