16 July 2015
German retailer, Tengelmann has reported full year sales of €8.1bn, up 5.8% from 2013, driven by its non-food banners.
Disappointing sales for grocery banner Kaiser
Despite the company having strong overall growth of 5.8%, Tengelmann's Kaiser, the company's grocery banner reported a drop of 4% in sales, down to €1.862bn. However the story is more positive for the non-food banners. OBI, ...