UK cash-and-carry group Booker recorded an increase in third-quarter like-for-like sales today (14 January), boosted by sales in the firm’s fresh departments.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
In the 16 weeks to 1 January, total and like-for-like sales rose by 6.7% on the same period last year compared to 2.7% in the prior year.
Non-tobacco, like-for-likes rose by 6% from 5% in 2008 as a result of “improving choice, price and service”, the firm said.
Customer numbers increased and the average spend per customer also improved.
Following improvements to the range, fresh departments did particularly well with fruit and vegetables up 59% and meat up 20%. Profits and net debt remain in line with management expectations.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataCharles Wilson, Booker chief executive, said: “Booker continues to make good progress, with both customer numbers and customer satisfaction improving further. As a result of our continued focus on choice, price and service, like-for-like sales increased by 6.7%. We look forward to continuing to help our customers compete in the months ahead.”
Booker said its performance in India is “encouraging”, with customer numbers and spend levels “good”.
“There is a lot to do in Mumbai and there will be setbacks, however the customer response is excellent. We are increasingly confident that Booker can serve the Kirana stores, street traders, caterers and suppliers of India. We will provide an update on our operations in India with the full-year results on 20 May 2010,” the firm said.
