2010 investment plans of the top supermarket chains, Billa, Mega Image, and Carrefour Market are defying the consumption decline.
The three foreign retailers will open a total of 46 stores this year, compared with 26 in 2009, following investments put at over 50 million euros by ZF, according to plans announced by the company.
The supermarket operator with the biggest expansion will be Billa, with 20 inaugurations planned for 2010, the biggest annual expansion rate recorded by the German retailer so far.
As for Carrefour, it has not announced plans to speed up expansion of its supermarket chain, but the company will make a major move this year, by introducing Carrefour Market in Bucharest. The first store will be opened in Piata Gorjului (Gorjului Square), Militari district in the last ten days of this month. The retailer will open around 10 supermarkets this year, according to company data.
In turn, Belgian group Delhaize announced 16 expansion projects for 2010, which will bring the Mega Image chain - Bucharest's biggest supermarket chain- into 10 new locations, and will expand discount chain Red Market by 6 stores.
2010 investment plans of the top supermarket chains, Billa, Mega Image, and Carrefour Market are defying the consumption decline.
The three foreign retailers will open a total of 46 stores this year, compared with 26 in 2009, following investments put at over 50 million euros by ZF, according to plans announced by the company.
The supermarket operator with the biggest expansion will be Billa, with 20 inaugurations planned for 2010, the biggest annual expansion rate recorded by the German retailer so far.
As for Carrefour, it has not announced plans to speed up expansion of its supermarket chain, but the company will make a major move this year, by introducing Carrefour Market in Bucharest. The first store wil