Biedronka Lfl sales grow 7.6% in Q4

Retailer Biedronka recorded a 7.6 percent increase in Q4 sales y/y in like-for-like stores, while overall sales increased by 13.5 percent y/y to reach €2.97 billion (in PLN the increase amounted to 9.7 percent y/y), owner Jeronimo Martins stated. In 2017, LFL sales rose 8.6 percent y/y, while overall sales figure stood at €11.08 billion (a 13.2 percent growth in euro and 10.4 percent in PLN). In 2017, the chain opened up 121 new stores (75 in Q4 alone) and reached 2,823 outlets.