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Coop Switzerland Sees 5.1% Rise In Turnover

Published on Jan 6 2017 2:15 PM in Retail tagged: Featured Post / Coop Switzerland / Financial Results

Coop Switzerland Sees 5.1% Rise In Turnover

Swiss supermarket chain Coop has recorded a 5.1 % growth in turnover, with the company generating CHF 28.3 billion (€26.4 billion) in 2015.

Overall, its growth percentage was 5.2%, with currency fluctuations considered.

The number of shoppers making purchases in Coop supermarkets went up 2.6%, with bricks-and-mortar sales bringing in a turnover of CHF 17.2 billion.

In terms of private label, Coop’s turnover reached CHF 3.5 billion – a rise of 7%.

Largely through the company’s subsidiary, the Transgourmet Group, its cash-and-carry and ‘bulk’ deliveries saw their turnover increase by 15.2 %, generating CHF 12.2 billion.

Online, the turnover was CHF 1.4 billion, representing a 14.3% improvement.

© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Peter Donnelly. To subscribe to ESM: The European Supermarket Magazine, click here.

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