Edeka plans expansionThis article was originally published in Foodnews
GERMAN retail chain, Edeka, has unveiled plans to spend EUR1.0 billion on expansion next year. The investment will enable it to open 200 supermarkets and convenience stores. The company is currently trialling new stores in Hamburg for the move, which is expected to create around 10 000 part- and full-time jobs, according to Fresh Plaza , citing local press reports. Edeka’s chief executive, Markus Mosa, was quoted as saying that while the group’s “full-range supermarket” model still has considerable potential, some stores will be shut down as they are either too small or outdated.