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.”
Related articles
NewsBRC warns of increased prices and availability issues in event of no-deal Brexit
The British Retail Consortium (BRC) has warned that prices on food and clothing will inevitably rise if the government and the EU cannot agree on a tariff-free Brexit agreement before the end of October.
- Analysis
Lessons in loyalty: how retail’s seven best schemes deliver results
As Marks Spencer relaunches Sparks this week, Retail Week reviews some of the top loyalty schemes around the world and pulls out lessons on what works in loyalty today
- News
Uber Eats and Asda kick off grocery home delivery partnership
Grocer Asda has unveiled a new trial home delivery partnership with Uber Eats to offer customers “greater flexibility and access” to its products.
Advertisement
More International
- Analysis
Analysis: Is UK retail turning its back on internationalism?
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
- News
Coronavirus to wipe £1.7trn off global retail sales
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
- Analysis
Analysis: Chinese etailers’ awe-inspiring coronavirus reaction
The coronavirus outbreak has sparked fears and headlines worldwide since emerging in the Chinese city of Wuhan at the start of the year.
No comments yet