Retail - Bulgaria

Piccadilly Declared Insolvent In Bulgaria

Bulgarian supermarket chain Piccadilly has been declared insolvent, and a court has appointed a temporary receiver to the business. The company owes aro...

Grocery Retail Analysts Predict Steady Growth In Central Europe

Analysts from the Polish market research agency PMR have predicted that grocery retail in Central Europe will continue growing in the coming years, and cou...

Macedonia’s KAM Market Starts Regional Expansion

Macedonian discount grocer KAM Market has opened 13 stores in Kosovo, as part of its regional expansion plans that also include Bulgaria and Albania. Th...

Lidl Deploys New Store Concept in Bulgaria

Lidl has opened its first supermarket in Bulgaria’s capital, Sofia, which features a new store concept. The main features of the new store concept...

Lithuania’s Maxima Grupė Acquires Bulgarian Stores From Penny Market

Maxima Grupė subsidiary Maxima Bulgaria has announced that it has acquired 12 stores from Germany’s Penny Market, part of the Rewe Group. The stor...

Bulgarian Carrefour Hypermarket To Go Up For Sale

A Carrefour hypermarket in a Stara Zagora shopping centre, Bulgaria, has been placed on the market with an asking price of €11.6 million. SeeNews.c...

Maxima Group Sees 3.7% Turnover Growth in 2015

Baltic region retail group Maxima increased its annual turnover by 3.7% in 2015, earning a total €2.68 billion. Profit after tax hit €77 milli...

Macedonian Discounter Kam Expands To Bulgaria

Macedonian discount grocer Kam Market will expand its activities to neighbouring Bulgaria, where it plans to open 20 to 25 stores by the end of the year....

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