• Wed. May 29th, 2024

UNI Group Overcomes Challenges, Reaches 6% Increase in Sales despite Closing Online Shops and Converting Branches to Franchises

BySamantha Nguyen

Mar 26, 2024
Unimarkt branches to transition into franchises

The UNI Group, which includes Unimarkt Handelsgesellschaft, UNIWholesale, and UNILogistik, faced challenges in the past year as their online shops were not profitable and had to be closed. Following a Constitutional Court ruling on opening times, the 17 UNIBox locations are being reviewed along with a plan to convert all Unimarkt branches to franchises by 2024/25. Despite these challenges, the UNI Group achieved sales of approximately 474 million euros in the 2023/24 financial year, which represented a 6% increase from the previous year.

Owner and managing director Andreas Haider acknowledged the difficulties faced by the group in a press release. The concept of autonomous UNIBoxes, which aimed to serve areas without local suppliers, failed due to profitability issues after the VfGH ruling on opening hours. However, the knowledge gained from the UNIBoxes is being utilized in the Nah&Frisch hybrid markets within the UNI Group. At the end of the financial year, there were 23 Nah&Frisch hybrid locations, with plans to expand by 16 more in the next financial year.

Haider believes that the hybrid supermarket concept is the future as it helps offset challenges in finding employees. Additionally, the UNI Group includes UNIWholesale, UNILogistik, Unimarkt Handels GmbH, and a 50% stake in the convenience supplier unik (formerly Lekkerland). The group had around 3,100 employees in the 2023/24 financial year, with most of them based at headquarters

By Samantha Nguyen

As a content writer at newsqwe.com, I am passionate about crafting engaging and informative articles that captivate our audience. With a background in journalism and a keen eye for detail, I strive to deliver content that is not only well-researched but also adds value to our readers' lives. From breaking news stories to in-depth features, I take pride in my ability to tell compelling stories that resonate with our diverse audience. When I'm not typing away at my keyboard, you can find me exploring new cafes, practicing yoga, or getting lost in a good book. I am thrilled to be a part of the newsqwe.com team and look forward to sharing my love for writing with all of our readers.

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