Biedronka sales grow 8.5% LFL in Q3

Sales in the Biedronka chain increased by 8.5 percent y/y in comparable stores (like-for-like, LFL) in Q3 of 2016, while total sales (in PLN) increased 10.2 perent y/y, Jeronimo Martins the owner of the chain announced. “In the first nine months, Biedronka sales grew by 9.9 percent (in local currency), while sales in comparable stores increased by 8.5 percent y/y. Calculated in euros, sales reached €7.16 billion, i.e. 4.8 percent more than last year,” Jeronimo Martins stated in press release. During the first three quarters of the year. Biedronka opened 50 new stores, expanding the chain to 2,700 outlets, while 145 stores were remodelled.