Liberalisation of the Swiss and Austrian markets will open up substantial opportunities for major operators such as Carrefour and Tesco, according to a Retail Intelligence report. Although not as attractive as Spain or Italy, both markets are ripe for consolidation. It predicts Carrefour's acquisition of a stake in the Jumbo hypermarket chain will spark revolutionary changes to the Swiss retail scene. Rewe, Aldi and Edeka have already moved in to Austria, accelerating rationalisation in a country dominated by small operators. {{NEWS }}

Topics