Optimistic COOP leaders in Switzerland

The Swiss retailer expects the company to grow by between 2% and 3% over 2009.

 The CEO of Swiss retailer Coop,
Hansueli Loosli, is positive about the company’s performance in
2009. Loosli stated that food sales for December this year were
significantly higher than those reported for 2007.The group stated
that it is unlikely to reduce its staff over the year as the retailer
will instead look to economise on energy and transport costs.