Jumbo Supermarkten Posts 26% Sales Increase In H1
Dutch retail group Jumbo Supermarkten has posted a 26-per-cent increase in sales in the first half of the year, compared to the same period last year.
Sales at the retailer stood at €3.164 billion, with the increase due largely to a growth in store numbers. Jumbo said that with organic growth of 1.2 per cent, it is growing faster than the rest of the market (+0.7%).
The group announced its results on 25 August, the same day that it unveiled its one-hundredth Jumbo.com pickup point in the Netherlands, at Zwaagdijk. It also announced plans to open its third Jumbo Foodmarkt concept, following openings in Breda and North Amsterdam.
"We are convinced that the shopper of today and tomorrow will decide when, where and how they want to shop," commented Frits van Eerd, chief executive of Jumbo Supermarkten. "Therefore, our omnichannel strategy is focused on growth in supermarkets, food markets and online."
© 2015 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. To subscribe to ESM: The European Supermarket Magazine, click here.