MyPrice (Mere) faces problems with Belgian expansion
Russian discounter MyPrice‘s jubilant announcement that the opening of a fourth and fifth Belgian store was imminent, was more than a little premature. Both stores face unforeseen problems: the Antwerp opening is delayed, the Bertrix store is off the cards altogether.
MyPrice had planned to open in Bertrix (in the Belgian province of Luxembourg) today, and in Antwerp a week ago. However, the latter has been delayed without giving a reason or a new date, while the mayor of Bertrix has denied permission for the MyPrice in his town to open.
All preparations had been made, leaflets had been distributed and the Russian discounter had hired twelve employees on temporary contracts. However, Mathieu Rossignol told local newspaper SudPresse that the retailer did not make any formal contact with the municipality and that he only found out about the planned opening by chance. In his opinion, this means that the store cannot be given a permission to open.
What this means for the further expansion for the chain in Belgium, is uncertain for now. MyPrice does not appear to have the best track record in transparency and timely openings, but they have managed to open three stores despite all that.
Retail Detail
Related news
Chaos, indecision and uncertainty – this is why the opening of Mere in Hungary is delayed
The opening of the first store of the Russian discount…
Read more >Mere did not open a store in Nyíregyháza, it was deleted from the register
Although it was previously announced that the Russian discount chain…
Read more >Russian discounter Svetofor struggles amid regulatory and competitive pressure
Russian discounter Svetofor, known in Western Europe as Mere and…
Read more >Related news
KSH: in January, consumer prices exceeded the values of the same month of the previous year by 5.5 percent on average
Compared to January 2024, food prices increased by 6.0 percent,…
Read more >Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and…
Read more >NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025,…
Read more >