Overview
- Feneberg confirmed on Thursday that five branches will close permanently on 29 August 2026, reducing the group from 72 to 67 stores.
- The affected sites are in Bodnegg, Baindt, the City‑Galerie in Augsburg, Altusried and Peißenberg.
- Remaining stores are earmarked for a split takeover by Rewe and the newly formed LEH Allgäu GmbH linked to investor Alexander Pade, but which buyer will take specific markets has not been finalised.
- The company says all employees at the closing stores will be offered posts in other Feneberg markets, a step that poses practical challenges for some staff whose nearest remaining stores are about 40 kilometres away.
- Analysts and the company say the closures are a deliberate trimming of weak locations to make the remaining portfolio more attractive for buyers in a highly competitive German grocery market, and the moves could leave local towns without a nearby supermarket while vacancy decisions for the freed retail space remain open.