Apothecary group provides for 100 new stores opening in 2017

Brazil''s largest franchises with more than 4000 outlets, the Group foresees the opening of Apothecary 100 new units in 2017. Said on Tuesday, 29, the company President, Artur Grynbaum, in Latam Retail Show, retail industry event in Sao Paulo.
The number of openings provided for is equivalent to last year, when the company opened 100 outlets. Since the beginning of 2017, have already been opened 44 new points, said Grynbaum.
In a statement, the company says that among the 100 new units planned for this year, there will be both franchises like stores, divided between the four brands of the Group: the Apothecary, Eudora, Who Said, Berenice? and The Beauty Box.
By "strategic issues", the Apothecary Group didn''t want to clarify the quantities of franchises and stores by brand. But reported that the new franchises will be "part of the expansion projects" of the current operators.
Above the industry. Grynbaum considered that the company''s performance has been higher than the average for the cosmetic market. In 2015 and 2016, the cosmetics industry has had consecutive sales falls of the order of 6% and 9%, respectively. Already the group grew 8.6% Apothecary and 7.5% in those years.