Reuters

Web-shy Germany has an edge in grocery wars

Web-shy Germany has an edge in grocery wars

  • 2016年10月19日
  • min read

Reuters

Web-shy Germany has an edge in grocery wars

Poor growth has become a familiar trend in Europe’s top-three food markets. Operating margins for the region’s retailers are at 10-year lows, according to Bain. That compares unfavorably with consumer goods companies like Unilever whose margins are touching decade highs. The latter’s relative strength is helped by a push into emerging markets.

Bain reckons European retail’s already razor-thin operating margins will fall by 20-40 percent over the next decade as shoppers shift to less profitable formats like online.

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