Poland the latest retail battleground

Article Abstract:

There are 10 shops for every 1,000 people in Poland. The concentration of retail outlets is the highest in Europe, but the country lacks supermarkets. Poland has one of the strongest economies in Eastern Europe and western stores are looking to expand there. The Polish retailers are concerned and want state protection, and the Association of Private Retail Trade and Services is asking for restrictions to be placed on western retailers. The trend will be for the small domestic retail trade to be replaced by major western outlets.

Planning, Foreign operations, Small business, Poland, Supermarkets, Market share

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Tengelmann reports drop in sales

Article Abstract:

Tengelmann, German food retailer, reports that it plans to focus expansion plans on its Ledi discount stores, as recent results indicate that it is losing ground in the discount sector. In the second half of 1994, it achieved domestic turnover of 24.80 billion German marks, with turnover from its discount operations remaining stable while competing discounters reported strong increases in sales. In the US, the company's A and P subsidiary suffered a 1.1% fall in sales.

Finance, Tengelmann Warenhandelsgesellschaft

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More news on ICA/Hakon merger

Article Abstract:

Food retailers, ICA and Hakon, are re-visiting the idea of merging their Swedish and Norwegian companies.

United States, Acquisitions & mergers, Sweden, Norway, Mergers, acquisitions and divestments, ICA, Hakon Group

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