Locked content Poll: 24% of Poles did not read a single book last year

Almost 24 percent of Poles surveyed by Maison & Partners Institute on behalf of discount retail chain Biedronka, admitted that they had not read any books during the last year, and more than 47 percent did not buy any books. “At the same time, respondents are convinced of the important role play...

Locked content Biedronka is the most popular retail chain in Poland – report

According to a report compiled by Market Side, 85 percent of Poles visited the discount Biedronka chain at least once a month. Second on the list is another discount chain Lidl, which was visited by 52 percent of the respondents. Kaufland was third (34 percent), Auchan fourth (30 percent), while 26 ...

Locked content Biedronka Lfl sales grow 7.6% in Q4

Retailer Biedronka recorded a 7.6 percent increase in Q4 sales y/y in like-for-like stores, while overall sales increased by 13.5 percent y/y to reach €2.97 billion (in PLN the increase amounted to 9.7 percent y/y), owner Jeronimo Martins stated. In 2017, LFL sales rose 8.6 percent y/y, while overal...

Locked content Biedronka with 8.9% LFL sales growth y/y in Q3

Retailer Biedronka recorded an 8.9 percent increase in Q3 sales y/y in like-for-like stores, while overall sales increased by 12.6 percent y/y to reach €2.8 billion (in PLN the increase amounted to 10.5 percent y/y), owner Jeronimo Martins stated. In Q1-Q3 of 2017, LFL sales rose 9 percent y/y, whil...

Locked content Biedronka with 9.2% LfL sales growth in Q2

Retail chain Biedronka, owned by Portuguese Jeronimo Martins, had a 9.2 percent increase in like-for-like sales in Q2 2017, Jeronimo Martins said in a market filing. Sales in PLN increased by 11.8 percent y/y and reached €2.8 billion. “The consumer environment remained positive despite price increas...
Image: Immofinanz

New supermarket to open in Tarasy Zamkowe mall in Lublin

Retailer Jeronimo Martins Polska has leased almost 1,600 sqm of space in the Tarasy Zamkowe shopping center in Lublin. A Biedronka supermarket will open in the mall in September this year. Opened in 2015 and owned by real estate company Immofinanz, Tarasy Zamkowe comprises 38,000 sqm of retail space...

Locked content Biedronka with 8.4% LfL sales growth in Q1 2017

Retail chain Biedronka, owned by Portuguese Jeronimo Martins, had a 8.4 increase in like-for-like sales in Q1 2017, Jeronimo Martins said in a market filing. Sales in PLN increased by 9.7 percent y/y and reached €2.53 billion. “Consumer environment remained favorable, benefiting from family subsidie...

Locked content Biedronka with €10 billion sales in 2016

Portuguese Jeronimo Martins, operator of grocery chain Biedronka released preliminary financial results of its Polish operations. Biedronka’s EBITDA stood at €707 million (10.3 percent increase year-on-year), while like-for-like sales rose 9.5 percent. Total sales increased by 6.3 percent year...

Locked content Biedronka continues to appeal to budget shoppers

Biedronka increased its sales in 2016, according to Jeronimo Martins, the owner of the retail chain. Consolidated sales were up PLN 44.2 billion, an increase of 6.3 percent, y/y. Q4 sales also increased – at PLN 11 billion they were up 10.5 percent, y/y. Sales of Biedronka in 2016 constituted 66.9 p...

Arcona to acquire Polish retail portfolio

Arcona Property Fund, an investment fund focused on commercial real estate in Central Europe, is to acquire a portfolio of a total of 11 neighborhood shopping centers in ten regional cities in Poland from RECE for EUR25.9 million. The fund expects to finalize the acquisition of the first eight asset...