Wednesday, August 20, 2014

Jumbo: We will grow faster than the rest of the market – z24

Jumbo: We will grow faster than the rest of the market – z24

 Jessica Scholten and her daughter Lisa at a branch of Jumbo in Appingedam (Groningen) Photo ANP

Jessica Scholten and her daughter Lisa at a branch of Jumbo in Appingedam (Groningen) Photo ANP

The supermarkets Jumbo turned in the first half of consumer sales of 2.5 billion euros, more than 26 percent more than a year ago. The growth is largely driven by the expansion of stores

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If this is disregarded, is the so-called organic revenue growth at 3.4 percent. This formula performs better than the market average, claims the chain, because it shrank by 0.2 percent. That made the supermarket company announced Wednesday.

The C1000 stores that Jumbo took over two years ago, was different. Since the consumer sales fell 33 percent to 1.2 billion euros. That’s according to the company by the sharp decline in the number of shops and is in line with the planned reduction in the C1000 formula.

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