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
An all-around convincing performance by this year’s EuroCIS
This year’s EuroCIS – the leading trade fair for the…
Read more >The barbecue season has started at Lidl
In last year’s grilling season, Lidl Hungary significantly increased the…
Read more >Related news
An all-around convincing performance by this year’s EuroCIS
This year’s EuroCIS – the leading trade fair for the…
Read more >Beyond Meat expands into Co-op in the UK
Beyond Meat’s plant-based alternatives are now available in 800 Co-op…
Read more >Sweden’s Essity Invests In New Research And Development Centre
Swedish hygiene products maker Essity is investing in a new…
Read more >