Get the app today! Download iPhone App Download Android App

Jumbo Boosted By New Store Openings, Despite Foodservice Decline

Published on Jan 5 2021 9:58 AM in Retail tagged: Featured Post / Jumbo / Netherlands / La Place / Paywall

Jumbo Boosted By New Store Openings, Despite Foodservice Decline

Dutch retailer Jumbo is looking ahead to its 100th anniversary this year with renewed optimism, after the group posted a 15% increase in consumer turnover in full year 2020, to €9.68 billion.

Organic sales growth across its store portfolio stood at 11% for the year (or +9% if adjusted for week 53), with new store openings helping to lift its performance.

The group opened 15 additional outlets during the year, mainly at inner-city locations in the Netherlands, with five of these opening in Belgium.

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on LinkedIn Share via Email