Coop DIY division down 7.1 per cent on previous year

The DIY division of the Swiss retail group Coop fell of the previous year's sales in 2023. The Coop DIY stores operating under the Jumbo brand generated sales of CHF 1.120 bn (net, EUR 1.180 bn) last year, 7.1 per cent less than in 2022. However, the number of locations also fell by two to 111 during this period, while sales space decreased by 1.7 per cent to 486 575 m².