Zeeman doubles profit | RetailDetail

Zeeman doubles profit

Zeeman doubles profit
Shutterstock

Store chain Zeeman’s profit more than doubled in the past fiscal year compared to 2015. Turnover also grew several percent, mainly thanks to strong performances outside of the Netherlands.

Investments

Zeeman’s turnover in the past fiscal year reached 548 million euro, a 3.4 % increase compared to 2015 when turnover grew 1.3 %. Dutch turnover grew 2.2 % to 214.2 million euro and it grew 4.2 % to 333 million euro in the rest of Europe.

 

Zeeman mainly points to the 19.8 million euro investments it did in 2016 to explain the turnover increase. Its most remarkable investment was for its own eCommerce platform and it continues to add new stores. The chain currently has nearly 1,300 stores and wants to increase to 2,000 in the future.

 

In 2015, Zeeman generated a 3.5 million euro profit and despite major investments in 2016, it more than doubled it, to 8.3 million euro in 2016.

Questions or comments? Please feel free to contact the editors


Gerelateerde items

Régis Degelcke new EuroCommerce president

22/06/2018

Régis Degelcke is the new president of EuroCommerce. The chairman of Auchan will start his three-year mandate in July.

Tom&Co eyes 100 French stores

21/06/2018

Belgian pet shop chain Tom&Co continues its expansion in France with the opening of its 25th French store in Nantes. With a new concept, the chain hopes to be able to quickly expand to 100 stores in France.

France wants e-commerce tax

21/06/2018

If the French government get their way, the Hexagon will soon introduce a tax on e-commerce. Products would become 1 to 2 % more expensive, depending on the distance of the last delivery.

Toy store chain La Grande Récré pulls plug on Belgium

20/06/2018

French toy store chain La Grande Récré has decided to focus on the French market and to close its Belgian branch, due to continuing financial difficulties. 16 stores will close, causing a job loss of 95.

Colruyt Group beats expectations

19/06/2018

A solid holiday season allowed Belgian Colruyt Group to raise its market share and even keep its profit margins at the same level - contrary to expectations. The company also posted another online growth, meaning online is now worth 370 million euro.

Join us for Europe’s largest retail and e-retail event!

12/06/2018

(advertorial) The fourth edition of Paris Retail Week will take place September 10 – 12, 2018 in Pavilion 1 at Paris Expo Porte de Versailles. For three days, Paris will be the capital of experiential and connected commerce, bringing together 800 participating companies and 40,000 retail and e-commerce professionals.