Magazine: Tesco: Big box-type hypermarkets are about to disappear in Poland
Tesco is decreasing the size of 60 its large floor space hypermarkets in Poland, but other retailers are also changing the size of stores.
Since 2014 Tesco has closed almost 100 Polish stores since 2014, and Metro and Auchan are also forced to reduce the size of stores. Profits are diminishing too, the numbers of Tesco and Auchan are already in the red zone – only Kaufland produced positive results in the first half of the year.
Research has found that shoppers don’t like ‘everything at the same place’ type shopping as much as before, doing their shopping in more, smaller store formats instead. When choosing the place of shopping, it is also more and more important for them to be as close to where they live as possible. Discounters are profiting the most from the changes: Aldi Nord increased sales by 20.5 percent in 2018 and Lidl’s sales augmented by 12.3 percent. Rossmann’s net sales were up 7.6 percent last year. //
Related news
The Auchan acquisition of the Indotek group has entered the competition authority phase
The four-year-long process led by the Indotek group has reached…
Read more >On the threshold of a paradigm shift in food supply – Food policy analyst Réka Szöllősi was the guest at the September meeting of Chain Bridge Club
First Réka Szöllősi told in her retrospective that consumer protection…
Read more >Together, Nestlé and Tesco collected HUF 13 million for Magyar Élélmiszerbank
In the spring charity campaign realized by Nestlé and Tesco,…
Read more >Related news
The Auchan acquisition of the Indotek group has entered the competition authority phase
The four-year-long process led by the Indotek group has reached…
Read more >On the threshold of a paradigm shift in food supply – Food policy analyst Réka Szöllősi was the guest at the September meeting of Chain Bridge Club
First Réka Szöllősi told in her retrospective that consumer protection…
Read more >BMI: Deepening contraction in October
The seasonally adjusted October value of the Purchasing Manager Index…
Read more >