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Company type | Co-op |
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Industry | Retail, restaurants, grocery stores |
Founded | 1945 |
Headquarters | |
Area served | former East Germany |
Konsum (German pronunciation: [ˈkɔnzʊm]) is a cooperative retail chain founded in 1945 by the Soviet Military Administration in occupied East Germany. It consisted of grocery stores, retail markets, industrial plants, and restaurants, and was a direct competitor to the Handelsorganisation.[1][2]
After German reunification in 1990, Konsum was not dissolved, as it was not a state-owned enterprise like Handelsorganisation. Today, it exists in limited capacity, mostly as a real estate management cooperative.