Article Abstract:
French retailers, who arrived in Poland after the Austrian retail chain Billa and the German retail chain Hit, want to speed up their development there before the market reaches saturation. According to estimates, Warsaw, which has room for twenty hypermarkets, will reach saturation within two years, while the entire Polish market is expected to reach the saturation point in 2005. Carrefour is the latest French retail group to arrive in Poland with the opening of a hypermarket in Warsaw in 1998. Carrefour knows it will have to act quickly in order to gain ground. A new opening is forecast by the second half of 1999, and several products are being studied, particularly in Katowice, Wroclaw and Czestochowa. Leclerc, Casino's Geant, Auchan, and Intermarche are already present in Poland, must cope with competition from the new operators: Carrefour and the German group Metro, with the Rea retail chain.
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Discusses various companies opening stores in Poland
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Article Abstract:
Casino, the French retail group, is continuing its development in Poland, where it already operates four Geant hypermarkets. It plans to open six new units in 1999. In the meantime, it has already begun to market products in its Leader Price discount line. Forty of the products will be carried in Geant stores as of 19 December 1998. It expects to add several hundred items to the Leader Price selection, particularly food products. Casino also plans to develop the Leader Price retail chain in Poland as of September 1999.
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Plans to open six more hypermarkets in Poland, in 1999
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Article Abstract:
Casino intends ultimately to operate 250 Leader Price supermarkets in Poland and 30 shopping centres. In the meantime, Casino has opened its fifth Polish Geant King Crosse shopping centre at Bydgoszcz, and plans to open six other shopping centres in 1999, for a total investment of FFr 1.5bn. Casino also plans to invest FFr 250mn every year in order to develop the Leader Price retail chain in Poland.
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