Belgian discount supermarket group Colruyt booked an increase in sales for the first nine months of the year, with growth reported at both its retail and wholesale units. The company said that overall sales rose by 6.1% to EUR6.26bn ...
Tags: Colruyt, discount supermarket, retail
Belgian food retailer and foodservice group Colruyt has announced its new CFO will be Marc Hofman, the current CEO of fellow Belgian food firm Ter Beke. Hofman will take up the role on 1 April, Colruyt said yesterday (7 January). He ...
Tags: food retailer, foodservice group, Colruyt, CFO, Marc Hofman, Ter Beke
Shares in Belgian retailer Colruyt fell today (3 December) after the company's half-year core profits missed analyst forecasts. Colruyt booked EBITDA of EUR322.2m (US$420.9m) for the six months to the end of September on Friday, up 1.6% ...
Tags: EBITDA, gross margin, market share
Shares in Colruyt rose by more than 11% today (27 June) after the Belgium-based retailer reported an increase in annual profits. The company, which booked lower profits for the first six months of its financial year, said its net profit ...
Tags: Fy Profit, Shares Jump, price pledges
Colruyt's moves to tap into consumers' desire for value has boosted the Belgian retailer's quarterly sales. The company reported a 5.5% increase in first-quarter sales to EUR2.05bn (US$2.5bn). On a comparable basis, sales climbed 5.8%. ...
Sainsbury's chief executive Justin King this week welcomed moves from its UK retail rivals to invest in product quality and service after the retailer reported an increase in annual underlying profits. Also in the UK, the Government ...