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Tuesday, February 21, 2012
Pet product retailer Fressnapf's 2011 sales rise to US$1.7 billion
European pet product retailer Fressnapf's 2011 sales rose by 5.2 percent over 2010 sales, to €1.36 billion (US$1.7 billion), in 11 European countries.
In Germany, Fressnapf's 2011 sales increased 3.4 percent to €913.5 million (US$1.2 billion), which comes after the petfood and accessory retailer opened 23 of its 56 new stores there in 2011.
In 10 other countries where Fressnapf trades under the name Maxi Zoo, sales rose 9 percent to €448.9 million (US$587.1 million) in 2011. The company reported its total like-for-like sales were up by slightly more than 1 percent.