Drugstore business Rossmann plans to open 110 stores in Germany in 2011. The retailer has earmarked E92m (£79.2m) for investment in the country, out of a total E150m (£129.2m) which will be invested across the business during 2011.
Rossmann generated group revenue of E63bn (£54.bn) in 2010, a 12.9% rise over the previous year and higher than the retailer’s own projection. Sales in its 1,580 German stores rose 10.8% to E3.4bn (£2.9bn).
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