Denner news

Swiss discounter Denner, part of Migros, has reported a 0.3% fall in group net turnover for 2015, to CHF2,916m (EUR2,674m). Company-owned stores saw their turnover rise by 0.3%, where customer traffic increased by 2.8%. 'Determination' helped improve consumer confidence Similarly to Coop Schweiz (results reported last week), Denner was affected by the Swiss National Bank's decision to ...

The Swiss discount leader Denner, part of Migros, reported its fifth consecutive year of growth with a 1.5% increase in turnover for 2014. "We are on the right path" says CEO CEO Mario Irminger talked about how Denner has continued to grow, despite a difficult environment in recent years, citing this steadiness as proof of a successful strategy. Denner's model is based on a dense store networ...

Switzerland's market-leader has revealed a 2% rise in group sales for 2014, with total retail sales up 1% in the home market. Performance reflects strategic decisions Group president Herbert Bolliger said the pleasing turnover evolution meant that Migros has made the right strategic decisions over the past few years. Shopping tourism continues to be a problem, due to the strength of the Swis...

Migros' online grocery business, LeShop.ch, increased sales by 4% to CHF165m (EUR137m) in 2014. Continued upward trajectory The increase was driven by the new nationwide same-day delivery service, DRIVE points in Staufen and Studen, and mobile transactions. More than 37% of orders are now placed from a mobile device compared to 32% in 2013 and 11% three years ago. Tablets lead the way, accou...

Migros has reported an increase of 5.9% in group EBIT for 2013. Highlights of 2013 The improvement in EBIT was attributed to sales growth and stable gross margin in the cooperative retailing strategic business unit, and from the commerce and travel business units. Migros said consumer confidence improved, with a more positive general economic outlook and improving prospects for consumers' per...

Leading Swiss discounter Denner, part of Migros, has reported the fourth consecutive period of growth, with full year 2013 sales up 1.5%. Online sales outperform stores Real sales growth, after taking into account price cuts of around 0.4%, came in at 1.9%. Turnover for Denner stores was up 1.1%, while that for the Denner Satellite and Denner Express stores was up 2.7%. Online outperform...

Swiss grocery market leader Migros has reported a 7.2% increase in retail turnover for 2013, to CHF22.9bn. Group sales were similarly strong, showing an increase of 6.9% year-on-year to CHF26.7bn. "Healthy momentum in all areas" Chief executive Herbert Bolliger said, despite intense competition and falling prices, an excellent overall performance lay behind the figures. Migros' retail sa...

This autumn, Swiss discounter Denner is launching a major campaign promoting the image of its wine range and online Wineshop. Uses customers to promote the wines Playing on Denner's strapline 'one for all', the campaign is called 'one for all wine lovers'. Rather than using wine experts, Denner's campaign features customers talking about why they find one wine better than another. It wi...

Denner is removing its premium private label, Primess, from its ranges according to Swiss press reports. Part of strategic redirection The Primess range was launched in 2007 and now numbers around 30 food items. According to Denner spokesperson Paloma Martino, quoted in Swiss newspaper Handelzeitung, the range will be successively replaced by more quality private label products under th...

Switzerland's grocery market leader, Migros, has announced plans to roll out contactless payment across all its stores, starting autumn 2013. Adaptation of stores began in June Some stores are already adapted to use contactless payment technology. As of this autumn, Migros will roll out the system across all of its stores in  Switzerland . Starting in September, holders of the Cumulus lo...