Metro steps up expansion in Poland

Article Abstract:

Europe's largest retailer, Metro of Germany, has invested PlZ2.6bn (??640m) in Poland. It recently opened a large shopping centre in Czestochowa, which cost PlZ70m, and plans to set up similar ventures in Warsaw, Lodz, Zabrze and Olsztyn by the end of the year. Metro is the largest foreign investor in Poland's retail sector, reports the State Agency of Foreign Investment. Overall foreign investment in the retail sector is estimated at PlZ12bn, which accounts for 10% of total foreign investment in the Polish economy.

Germany, Poland, Use of Funds, Finance, Investments, Metro Group AG

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Discounters winning in cut price war

Article Abstract:

Discount retailers are increasing their market share in Europe and have affected prices charged by supermarkets which have also introduced private label brands. Discounters can sell branded goods cheaply so have an advantage. Discounters are improving both the quality and variety of their goods, and lead in sales of salmon and champagne. UK consumers prefer branded goods to private-label goods, though they also find private-label goods attractive.

Europe, Retail industry, Retail trade, Europe, Western

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UK discounters here to stay

Article Abstract:

Food discounters represented 10% of the value of the grocery market in 1994, with sales per store rising to 3.7 million pounds sterling from 1.6 milion pounds sterling in 1989, according to a new report. Discounters have a limited range, with basic presentation and few customer services, but they may have to compete with supermarkets by adding value or broadening their apeal to higher income groups.

Market share

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