The low-cost catering retailer Nostrum (expected sales of €35 million in 2017, up by 17% via 150 restaurants) signed two master-franchise deals in Germany and in Switzerland. In Geneva, the group is negotiating fora city centre location. Nostrum’s food is manufactured at a central cooking facility in Barcelona and then sent to the stores. The big innovation lies in its €5 membership, which allows customers to enjoy lower prices on products and generates revenue averaging €15,000 per new...
Nostrum to enter Germany and Switzerland.
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