Serbian Retail Market Grows and Consolidates in 2019
Published on Jan 2 2020 9:39 AM in Retail tagged: Trending Posts / Lidl / Serbia / Veropoulos / Spar / Gomex / Mercator / Billa / DIS / Roda / Idea / Aman / Univerexport / Metro AG / Mercator Group / Delhaize Serbia / Paywall / Mercator-S
The arrival of Lidl and interest among other foreign players is driving growth and consolidation in the Serbian retail market.
Leading players including Delhaize Serbia, Mercator-S and Univerexport have all seen revenue growth in 2019, despite slower economic growth compared to 2018.
Leading The Way
Market leader Delhaize Serbia opened 24 stores in six cities (including in Ub and Leskovac), bringing its total to around 450. Sales at the business improved in the third quarter of the year, compared to previous quarters.
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