Lidl and Tesco would expand in the poorest Member States
Bulgaria, the poorest Member States of the European Union is expected to be the favorite target of retail chains in the next few years, the main market players have already targeted the country.
The region's markets are mainly reign by the Tesco and Albert supermarket chains. French Carrefour, left Slovakia and the Czech Republic five years ago, but now returns to the area. The company yesterday opened its first store in Sofia and would like to establish twelve more businesses, until 2013.
Beside Carrefour, Lidl, the German KG and the Slovenian Mercator Poslovni Sistem also plan expansion. The poorest state of the EU offers better growth prospects than its neighboring countries, where markets are becoming saturated – reports Világgazdaság Online, after Bloomberg.
Related news
Related news
“The shelf is not just a place, it’s a strategy” – P&G rethinks the customer experience in Hungary
Interview with Joanna Bohdanowicz, Senior Director Central Europe at Procter…
Read more >Brussels has initiated proceedings against Hungary over margin restrictions
The European Commission has launched two infringement proceedings against Hungary…
Read more >Annual inflation slowed in the euro area and the EU in May
Annual inflation slowed in both the eurozone and the European…
Read more >