Discount stop instead of mall stop

By: trademagazin Date: 2012. 11. 05. 12:20

According to the summary of the Ministry of National Economy (NGM) sent to Népszabadság, since the voting of the mall stop, Fidesz has torpedoed the domestic expansion of Lidl and the domestic expansion of the other German discount chains, while several domestic investments, including shopping malls have been given green light.

The biggest loser of the legislation is Lidl. All of the 25 license applications of the company was thrown back by the Committee.

The domestic chains (CBA, Coop, Reál, Arzenál) that the government wants to bring to position are able to expand at the expense of the small independent shops (ie micro-enterprises) – shows GfK Hungária’s recently published market prospecting study. (Batka Zoltán, Népszabadság)

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