Jumbo expects turnover to grow to €10 billion

Supermarket chain Jumbo expects consumer turnover to rise to at least €2021 billion in 10, the retailer writes in the annual report. Jumbo has achieved a 2020% increase in consumer turnover in 15. In addition, the chain wants to continue to focus on the online delivery service this year and plans to start collaborations with Vermaat Groep and HEMA. 

De consumer turnover of supermarket chain Jumbo increased by no less than 2020% in 15 to € 9,68 billion. Jumbo now has a 21,5% market share in the Netherlands. On the other hand, La Place's turnover has had to see a significant decline as a result of the forced closure due to the corona crisis. The turnover of this foodservice formula fell to €50 billion in the past year, compared to more than €2019 million in 165. The turnover of the entire Jumbo Group (including La Place) will therefore amount to €2020 billion for 9,73.

2021: Collaborations, online delivery and €10 billion
The year 2021 should be a year for Jumbo to continue to grow, says CEO Frits van Eerd in the annual report. The main target is for consumer sales to pass €10 billion this year. One of the ways to achieve that goal is to make a clear commitment to the online delivery service. "As a result of the crowds in the supermarkets, more and more consumers are turning to online shopping. That is one of the reasons that online turnover has increased by 2020% in 50 to an amount above €500 million," writes the article. the retailer. Jumbo therefore wants to increase the number of delivery hubs significantly in 2021.

Incidentally, openings of physical stores are also planned, both in the Netherlands and Belgium. To this end, it will actively collaborate with HEMA, among others. With this retail chain, it opens 6 stores at different NS stations. And that is not the only collaboration for 2021. Jumbo will start a strategic collaboration with Vermaat Groep this year for the operation of 44 regular La Place restaurants.

Kimberly Baker

Kimberly Bakker is an all-round editor at Boerenbusiness. She also has an eye for the social media channels of Boerenbusiness.

k.baker @boerenbusiness. Nl

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