ITM announces sales growth

ITM, the operator of Intermarché grocery formats, has announced sales grew by 6.3% including petrol for the first half of 2011. The retailer’s hypermarket division saw sales rise 3% while supermarkets sales increased by 2.7% for those selling non-food, and by 1.9% for those selling food only. For the convenience division, Intermarché Contact sales grew by 2.8% and Intermarché Express by 1.8%. Philippe Manzoni, president of ITM Alimentaire, said: “We have made a gain of 15% for turnover per square metre for Intermarché, a goal that we achieved ahead of our expectations.”