Thursday, December 14, 2017

COOP Announces investments of R $94 million in 2018

Coop-cooperative of consumption announced on Tuesday (12/12) that intends to invest R $94 million in 2018. Of this amount, more than $90 million will be invested in the region R of the greater ABC, with the opening of a new store in the first half, nine drug stores and a gas station, in addition to the modernisation of its stores and it area.
According to the Chief Executive Marcio Valle, the interest in opening new stores in São Paulo continues, but at the moment the new opportunities have emerged in the greater ABC region, where holds 25% share and a higher number of units.

The prediction of the Coop is close this year with a nominal growth of 4% and total revenues of RS $2.2 billion. During 2017, Coop opened two stores with total investment of R $19.7 million, and two other drugstores, and the third this year will open its doors next Wednesday (20/12) in Santo André, in the Center.
Supermercado Moderno - 13/12/2017 News Item translated automatically
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