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SPAR shows interest for Serbian retail chains

SPAR shows interest for Serbian retail chains

Dutch supermarket chain SPAR will enter the Serbian market by acquiring local chain Mercator S, according to Vecernje Novosti publication. This option, allegedly, was circulating since the onset of the c...

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Carrefour opens high-tech hypermarket in Warsaw

Carrefour opens high-tech hypermarket in Warsaw

Carrefour opened a new hypermarket in Warsaw earlier this month, which features a range of new commercial concepts and digital retail solutions. The 2,000 square meter store sells nearly 13,000...

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Maxima Grupe in talks to acquire Emperia Holding

Maxima Grupe in talks to acquire Emperia Holding

Lithuania-based Maxima Grupe says that it has started negotiations over the acquisition of Polish operator Emperia Holding S.A., which owns the Stokrotka retail chain. The group runs 410 stores und...

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Nestlé to complete 64 million euros investment in fall

Nestlé to complete 64 million euros investment in fall

The Hungarian subsidiary of Nestlé expects to complete its biggest investment in the country by this fall, an expansion at its pet food plant in Bük, northwest Hungary, worth over 20 billion forints (64 mill...

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Auchan to invest more in Russian business in 2017

Auchan to invest more in Russian business in 2017

French retail company Auchan is going to invest more than 20 bln rubles (356.29 million dollars) in projects in Russia in 2017, General Director of Auchan Russian division Oleg Alkhamov told reporters on the...

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Metro’s MyMarket Enters Online Market

Metro’s MyMarket Enters Online Market

Another Greek supermarket chain, the Metro group’s MyMarket, is set to make its electronic commerce debut, which, in contrast to other retail models in Greece, is showing rapid growth. MyMarket announced...

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Mercator doubles investment in 2017

Mercator doubles investment in 2017

Mercator has revealed its business plan for 2017, targeting revenue of 2.4 billion euros, less than the 2.6 billion euros of anticipated revenue this year, with the decline attributed to an increased focus o...

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HUNGARY: Domestic supermarkets lose ground to German chains

HUNGARY: Domestic supermarkets lose ground to German chains

Foreign, particularly Germany-based discount supermarkets are expanding at a much faster rate on the Hungarian market than domestic chains, with Aldi, Penny Market and Lidl having been the most active this y...

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Finnish retailer Kesko is to sell its Russian grocery stores to Lenta

Finnish retailer Kesko is to sell its Russian grocery stores to Lenta

Kesko's net grocery sales in Russia were 106 million euros in 2015: that's less than 2% of its total. Mikko Helander, president and CEO of Kesko, said it would have needed significant investment to grow its ...

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Biedronka to open 100 more shops in Poland

Biedronka to open 100 more shops in Poland

Poland's leading discount retailer Biedronka is planning to open 100 more shops, Jeronimo Martins, Biedronka's Portuguese owner, has reported. The retail chain is planning to improve its offer and become...

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