Coop Bau + Hobby sales down

Coop Bau + Hobby, a Swiss DIY chain, suffered a fall in sales in 2013. Net sales of CHF 647 mio were 2.5 per cent down on the previous year. The DIY market leader’s number of branches was reduced by one to a total of 73. Overall the group increased net sales in its operational sector by 1.7 per cent to CHF 18.1 bn. A real sales increase of 2.2 per cent is revealed when the 0.4 per cent rate of deflation is taken into consideration.