Poland's Biedronka To Have Around 3,050 Stores By 2020, Bank Forecasts
Polish retailer Biedronka, part of the Jerónimo Martins Group, is set to have around 3,050 stores in Poland by 2020, with sales rising to more than PLN 56 billion, according to Haitong Bank, which has conducted an assessment of the market leader's performance in the coming years. However, the retailer's like-for-like sales and sales per square metre are set to decrease in the same period.
Polish trade publication Wiadomoscihandlowe.pl reported that according to Haitong Bank estimates, Biedronka will open a net 225 stores over the next three years, to stand at 3,047 outlets by the end of 2020. As of the end of 2017, the retailer operated a total of 2,820 stores.
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