El Gigante del Colchón
El Gigante del Colchón is the format for the Spanish market. The location strategy and the look and feel of the stores are comparable to those of Matratzen Concord. The format is now being upgraded as the economy in Spain currently provides scope for this.
2017 | 2016 | Change | |
|---|---|---|---|
Revenue (x € 1,000) | 7,641 | 7,234 | 5.6% |
Number of stores | 45 | 48 | -6.3% |
Number of employees (FTE) | 73 | 80 | -8.8% |
Growth in revenue in comparable stores decreased by 5.0%. The net number of stores decreased by three in 2017. The process of modernising the number of stores and making changes to the range was begun in the fourth quarter of 2017. The group expects to once again see an increase in the number of stores in 2018 and the following years.
