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Jumbo profit suffers from ailing Belgian expansion

2023-03-17 00:00

The Netherlands: Jumbo profit suffers from ailing Belgian expansionDutch retailer Jumbo has posted disappointing results, as it suffers from rising costs due to inflation and start-up losses in Belgium. Rising prices pushed down customer satisfaction, the company’s annual report shows. Jumbo did manage record sales of almost 10.3 billion euros in 2022 (including restaurant chain La

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