Jumbo manages 26 % turnover increase

Jumbo manages 26 % turnover increase

Dutch supermarket chain Jumbo has seen its consumer turnover grow 26 % to 4.8 billion euro, mainly because of the addition of many C1000 stores. Jumbo's autonomous growth (+ 3.5 %) also outmatched the market's average (+ 0 %).

C1000 and Jumbo

Jumbo's acquisition of C1000 contributed considerably to the turnover, but as ever more stores are converted into Jumbos the chain's own turnover will continue to decrease. C1000 lost 143 stores in total, from 267 to 124, but its autonomous turnover only dropped 3 %, a result with which Jumbo Groep Holding is very happy.

 

Jumbo on the other hand will keep opening new stores and will have 500 stores in January. From that time on, it will open another 3 to 4 Jumbo stores per week, until all C1000 stores have been transformed into Jumbo stores. On top of that, its logistics network will continue expanding, while it will also focus on its omnichannel strategy in the near future.

Tags: