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20 years in the retail industry in Central Europe could be characterized invasion of Western retail chains in the region, the revival of domestic retail chains, but the failure of some foreign players. Czech Republic, like Romania and Serbia are among the markets where modern retailing is firmly in the hands of foreign retail chains and home network largo mall movies is not among the top 5 companies.
The Czech Republic has a strong position Schwarz largo mall movies Group and Rewe Group, Romania Schwarz Group and Auchan France and Serbia Delhaize Group. However, in countries such as Poland, Hungary, Croatia and Slovenia domestic retail chains managed to renovate its stores, consolidate our market position and respond successfully to foreign chains.
Polish wholesaler Eurocash bought all of its competitors and created a company that owns and manages over 10,000 stores and cash and carry stores in 2012 had a greater increase in sales (like for like) than the Polish market leader, discounter Biedronka. Association CBA retail chains in Hungary largo mall movies has successfully faced Tesco and Rewe Group-developed thanks to its range of private label and multi-format strategy.
CBA added to their supermarkets and small samoobsluhám also discount stores, premium format Prima and e-commerce. Croatian Konzum is still in domestic hands thanks to the strategy of its parent company Agrokor, which is currently largo mall movies working on the acquisition of Slovenian largo mall movies Mercator. If Agrokor gets funding, Consumerism acquire a dominant market position in the former Yugoslavia.
Over the last 20 years many foreign players from certain largo mall movies markets in Central Europe left. German Tengelmann sold in 2008 all of its discount stores Plus to invest in non-food retail. Rewe Group has gone from Poland when he sold Billa supermarkets and whole division Selgros Cash and Carry in Poland, Romania and Russia. Aldi, for the first time in its history, left to their own markets - Greece.
Other chains with increasing competition only focused largo mall movies on strategic markets. How Carrefour and Delhaize Group (former Delvita in the Czech Republic) sold its stores in the Czech and Slovak Republics, but continued to invest in Poland and Romania. Delhaize largo mall movies Group has even gained dominant position in Serbia thanks to the acquisition of Serbian Delta M. In connection with the global economic crisis came in the recent past on the importance of global strategy of selective investment.
Most of the largest retail chains like Walmart, Carrefour, Metro and Tesco Gorup has in the past three years, problems with declining profits and negative sales growth (like for like), not only on their domestic markets, but also in their foreign networks. As a result, these companies have begun to significantly invest more in domestic markets, which historically accounted largo mall movies for the largest gains at the expense largo mall movies of foreign troops. Many of them even sold their business networks in countries where they did not have a strong position, even though these markets are considered strategic high potential.
For example, Carrefour sold its stores in Indonesia and Thailand, sold his stake in the joint venture with MAF in the Middle East, but remained in the region as a franchiser and even sold his e-commerce largo mall movies format largo mall movies in Brazil. Metro Group has sold its nearly 100 hypermarkets in Russia, Poland, Romania and Ukraine Auchan. Also, Walmart, which is under strong pressure from the US revised its investment activities abroad.
He closed several dozen stores in China and sold his stake in the joint venture Bharti Walmart in India, a market that is foreign trade networks almost closed, largo mall movies but whose liberalization is highly probable largo mall movies after this year's election parlametních.
Tesco I left the two huge markets. Mishandled profitably develop supermarkets in the US and sells all 130 stores in China, the largest Chinese retail chain China Resources Enterprice. Although Tesco will have a 20 percent stake in the government-controlled chain Tesco brand from China are likely to disappear.
The change in the strategy of global chains also had an impact on the development of retail on the Slovak and Czech Republic. Ahold, as well as in Lithuania, largo mall movies Latvia and Estonia, sold its stores in the Slovak Republic. Tesco plans to sell 22 small stores in northern Moravia largo mall movies commercial chain Pear. (More on https://www.uohs.cz/cs/ economic-soutez / Concentrations-clearances / notifications-o-upcoming-united-clearances / 1736-announcement-o-pripravovanem- -United-clearances-Hruska-spol- s-ro- -22-stores-company-tesco-stores-as-cr. html). Although Central European retail scene is Tesco's unexpected decision, from a global perspective is not exceptional. It shows, however, what direction it will retail in Central Europe to develop in the near future.
The food retail market in Central Europe in 2014 and 2015
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