The REWE Group is a German diversified retail and tourism co-operative group based in Cologne. The name REWE comes from "Revisionsverband der Westkauf-Genossenschaften", meaning "western buying co-operatives auditing association".
History
REWE-Zentralfinanz eG forms the parent company of the co-operative, whilst the operational business is controlled by the subsidiary entitled REWE-Zentral AG.[1] The international business is bundled under the umbrella of Rewe International.[2]
The basis of the co-operative trade group consists of a network of independent retailers. Sales lines include Billa, Penny, Rewe, Toom, DER Touristik Germany, as well as ITS Reisen and Lekkerland.[3]