Scandalous Lidl opening in Cyprus
Lidl expands:, the German discount chain last Thursday handed over seven stores in the Republic of Cyprus, and expected to open two more units this month. Analysts described the fast expansion as aggressive, because Lidl with its low prices, puts a serious impact on other market players, especially on small stores.
The opening of the stores, however, did not go smoothly. The Cyprus Mail newspaper reported directly about chaos in one shop in Nicosia. A huge crowd gathered into the store so security staff closed the entrance, and for a time did not permit any new customers to enter. The locals gathered into the crowd resented the situation, half-hour lines were formed at the counters and serious traffic jams have developed, because of the crowded parking lot – reports penzcentrum.hu.
Related news
Related news
KSH: in April, retail turnover exceeded the same period of the previous year by 5.0 percent and the previous month by 2.0 percent
In April 2025, the volume of retail trade turnover increased…
Read more >FAO food price index fell in May
The benchmark global food price index fell in May from…
Read more >Eurozone retail sales rise in April
Retail sales in the eurozone and the European Union increased…
Read more >