All major chains are also planning on expanding their networks with new stores during the year, industry sources say. Source: ekathimerini.comSwitzerland: Coop reports sales growth of 1.4% in FY 2023Coop Switzerland generated total sales of CHF34.7bln (€37.3bln) in its financial year 2023, registering a 1.4% increase compared to the year before. The Coop supermarkets, including Coop.ch, reported year-on-year growth of 2.4% in full-year 2023 to CHF11.8bln (€12.7bln). Onions became 35% more expensive between Decembers 2022 and 2023, while imported apples gained 22%. On the flip side, cabbage lost a fifth of its price in the same period, while carrots became 11% cheaper.

Source: Forbes January 05, 2024 13:15 UTC