LONDON (Aug. 7, 2000) --The WorldWide Retail Exchange (WWRE),
the world's leading retail e-marketplace, today announced that
three European retailers-Dansk Supermarked, Dixons Group plc and
Edeka-are joining the Exchange.
"These leading retailers provide a strong complement to our growing
membership," said Barry Knichel, a WWRE executive committee member
and director of supply chain research and development at Tesco.
"Dixons is a U.K.-based leader in consumer electronics, and Edeka
has a strong presence in the German retail marketplace. Dansk
Supermarked has operations throughout Europe, including Denmark,
Germany, Poland and the United Kingdom."
Gerald Storch, head of marketing for the WWRE and president of
financial services and new business at Target Corporation, said,
"The WorldWide Retail Exchange continues to strengthen its global
reach and capabilities with the addition of these three retailers.
It is with great enthusiasm that we welcome these dynamic new
retailers to the Exchange."
The WWRE (www.worldwideretailexchange.org) is a Web-based business-to-business
exchange designed to facilitate and simplify trading between retailers
and more than 100,000 suppliers, partners and distributors. Consisting
of leading retailers from Asia, Europe and the United States,
the WWRE is open to all suppliers and retailers who wish to use
it. To date, the Exchange currently includes members who have
combined sales of approximately $487 billion (U.S.) or Euro 487
billion.
In addition to the new retailers, WWRE membership includes: Albertson's
(U.S.), Auchan (France), Best Buy (U.S.), Casino (France), CVS
(U.S.), Dairy Farm International (Hong Kong), Delhaize Group (Belgium),
El Corte Ingles (Spain), Gap Inc. (U.S.), J.C. Penney (U.S.),
Jusco (Japan), Kingfisher (U.K.), Kmart (U.S.), Marks & Spencer
(U.K.), Rite Aid Corporation (U.S.), Royal Ahold (The Netherlands),
Safeway Inc. (U.S.), Safeway PLC (U.K.), SUPERVALU INC. (U.S.),
Target Corporation (U.S.), Tesco (U.K.) and Walgreen Co. (U.S.).
New Members
Dansk Supermarket (Denmark) operates more than 700 stores
in Denmark, Germany, Poland and the United Kingdom, including
F¿tex supermarkets with food and non-food, Bilka hypermarkets
and Netto convenient/discount stores. With total sales of D.kr.
45 billion or Euro 6 billion, Dansk Supermarked has a strong position
in food and non-food.
Dixons Group plc (United Kingdom) is Europe's leading
specialty retailer of consumer electronics, with more than 1,150
stores across the United Kingdom, the Republic of Ireland, the
Nordic region and the Iberian Peninsula. It trades through Dixons,
Currys, PC World, The Link, and @jakarta in the United Kingdom
and Eire, Elkj¿p, in the Nordic region and Ei-System in Spain
and Portugal. It also holds a 15 percent stake in leading Greek
electrical retailer Kotsovolos. The Dixons Group specializes in
the sale of high-technology consumer electronics, personal computers,
domestic appliances, photographic equipment, communication products
and related financial and after-sales services.
Edeka (Germany) is one of Europe's leading retail and
wholesale food organizations. The cooperative includes about 11,000
food stores. Edeka offers a wide range of shopping centers and
self-service department stores in Germany. In addition, it owns
a 49.99 percent stock share in AVA (Allgemeine Handelsgesellschaft
der Verbraucher AG), a German retailer with nearly 350 hypermarkets
and other stores. The company also has a stock share in Edeka
Danmark A/S. The annual sales in 1999 were DEM 58,4 billion or
Euro 29.9 billion.
Media Contacts:
Helen Craft (Europe)
Shandwick International
44.207.950.2871
hcraft@shandwick.com
Teresa McFarland (U.S.)
Shandwick International
952.346.6198
tmcfarla@shandwick.com
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