After a slow start to the year, the Hagebaumarkt cooperative franchise chain in Germany recorded a significant upturn in April. Adjusted for floor space, the stores achieved an increase in sales in April and May, reports Frank Staffeld, Managing Director Retail at Hagebau. Staffeld added that international business had fallen short of expectations. “Our Austrian franchise partners are proving more stable than other international markets.” The specialist retail cooperative Hagebau also has associated members in Luxembourg, France, Belgium and Spain, and Coop in Switzerland is a associated member in Hagebau through its DIY store division Jumbo.
Foreign markets weaker
Hagebaumarkt stores in Germany grow in April and May
