Published at: 2019-02-08 13:19 | Author: Robert McLean
When discount groceries began edging into the up-market segment of the grocery sector it spelled the end for the Polish grocery chain
In a deal that’s reportedly still being finalized, Jeronimo Martins and Auchan will take over the Polish supermarket chain Piotr i Pawel. CIJ has learned that Jeronimo Martins and Auchan will take over 100 and 48 of the stores respectively. Following the liquidation of Alma in 2017, the news suggests that larger supermarket chains with premium products will disappear from the market.
The sale of Piotr i Pawel appears to be connected to its problems last year. Despite turnover of over PLN 800m o...

Similar Stories:

Ikea opens first kitchen in Poland
Ikea has opened the first kitchen in Poland dedicated exclusively to take-out orders. It i  »
Burger King opening at AFI Cotroceni in Bucharest
Burger King is opening a restaurant at the AFI Cotroceni shopping center in Bucharest on F  »
Dekoria leases 856 sqm at Domoteka retail complex in Warsaw
Dekoria has leased 856 sqm of retail space at the Domoteka retail complex in Warsaw. The  »
Furniture retailers expanding networks in Serbia
Furniture retailers Forma Ideale and Lesnina S are expanding their Serbia networks. Forma  »
When it comes to the development of smartphone apps for the retail sector, most of the act   »
Rumors that Tesco is on the way out of Poland are certainly nothing new, but another Briti   »
You’ve been expanding your portfolio as quickly as possible. How are you using the incre   »
How has ParkLake performed over the last two years? ParkLake has performed increasingly p   »