Ahold Polska to build many more stores across Poland
Retailer Ahold Polska (AP) has announced plans to invest zl.500 million in
the development of its Albert supermarket and Hypernova hypermarket chains.
The investment will be financed by AP's parent company, Dutch retail giant
Royal Ahold. AP president Jacquot Boelen said that the company plans to
build 25 supermarkets and 10 to 12 hypermarkets in each of the next three
years. At the present time the company has financial plans drafted for the
first two years and is awaiting further decisions regarding the third year
of development. According to Boelen, the company is looking to locate some
of its outlets in smaller cities of 50,000 to 70,000 citizens. AP expects to
have 145 Albert supermarkets and 15 hypermarkets operating in Poland by the
end of this year. (Puls Biznesu, p. 7) P.J.
