CCC to open 423 new stores this year

CCC is planning to open 423 new stores this year and also expand into Serbia and Estonia, the company announced on Thursday. The shoe retailer had 743 stores of a surface area of 361,300" sqm within the next twelve months it is aiming to possess 1166 retail points, with a combined surface area of 560,500 sqm. "Our strategy is to continue our very-successful expansion on the Central and Eastern European markets, and to gain the position of leader in the footwear markets of the region." a media dispatch read. It also revealed that the firm aims to achieve long-term profitability on the German and Austrian markets, by increasing LFL sales by 15 and 10 percent, respectively. The CCC group is the leader of the Polish footwear market and of the Central European region. The company has been noted on the Warsaw Stock Exchange since 2004.