Mr. Bricolage feels the full force of consumers’ reluctance to buy

29.10.2004

The company’s principle retail format recorded a like-for-like increase of 3.8 per cent in the first three quarters

The French retail line Mr. Bricolage generated sales of € 1.1896 bn in the first nine months of the current year with its 424 stores at 30 September. That is 3.8 per cent more in like-for-like terms than over the comparable period in 2003. During this time 22 new stores were added, and 19 were extended as well.
The Catena line, which is operated by the same trading group, has 148 sales outlets following the opening of one new store. Its sales figure for the first nine months came to € 111.3 mio, with overall growth of 1.1 per cent.
According to a statement made by the DIY retail group, it was feeling the full force of customers’ poor propensity to consume in October. The management does not expect any tendency towards recovering lost ground in the remaining months of the year, since they are traditionally not very propitious for the DIY market, which is subject to seasonal influences.
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