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31 new Obi stores opened in 2014
In the business year 2014 (1 January bis 31 December), Obi generated a net sales of € 4.3 bn. On a currency-adjusted basis, this amounts to an increase of 9.8 per cent. This was announced by Karl-Erivan W. Haub, CEO and personally liable partner of the Tengelmann Group, at its financial statements press conference on 9 July 2015.
According to which, there were 403 Obi stores and a further 175 outlets operated by franchise partners in Germany and the seven European expansion markets. In 2014 Obi opened 31 new stores, four of them in the Greater Munich area alone. That’s an expansion record. The international expansion continues to be focused on Italy, Poland and Russia.
Additionally Obi expanded its cross-channel offers in the bricks and mortar stores. More than 65 000 products are available at www.obi.de.
According to which, there were 403 Obi stores and a further 175 outlets operated by franchise partners in Germany and the seven European expansion markets. In 2014 Obi opened 31 new stores, four of them in the Greater Munich area alone. That’s an expansion record. The international expansion continues to be focused on Italy, Poland and Russia.
Additionally Obi expanded its cross-channel offers in the bricks and mortar stores. More than 65 000 products are available at www.obi.de.
