Alma Market to open new stores

Polish retailer Alma Market plans to open three to five new stores this year, which are to be located in Lublin, the Tri-city and the Warsaw agglomeration, the company announced on Tuesday. Meanwhile, Krakowski Kredens Tradycja Galicyjska is set to open three new stores in Białystok, Katowice and Warsaw. Alma Market has earmarked PLN 22 million for investments. The company also said that it does not rule out the expansion through the acquisition of objects or groups of objects operated by competing retail chains. Capital group Alma Market is a Polish company specializing in retail trade. The firm has been listed on the WSE since 1994.