Cora hypermarket chain, held by Louis Delhaize group, was thebest performing hypermarket operator last year, with 8,230 euros inaverage annual sales per square metre, 1,700 euros higher thanthose of rival Carrefour, the second most productive player, ascalculated by ZF.
Considering the market is still expanding, sales per square metreare one of the best indicators of a retailer's performance,alongside profitability rate and organic growth (in stores olderthan one year). Cora, the only hypermarket chain that did notexpand in 2009, recorded an 18% turnover decline in 2009, to 330million euros, compared with the previous year, but reprised its2008 performance, remaining the most productive chain in terms ofsales per square metre.
Moreover, with just three operational stores, the company held bythe Louis Delhaize group reported a 20 million-euro (84.6million-RON) net profit last year, similar to that achieved byCarrefour in the same period with 22 hypermarkets.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
