Domestic appliance market booming
The result is largely connected to the boom in the housing market, however, together with the rise in sales competition is also growing. It is rumored that well know retailer RTV EURO AGD, which has over 1200 stores, will soon be sold. There are also rumors that troubled network Mars will be taken over by Mix Electronics. Together with these rumors Electro World, a new network of shops, was recently launched by Dixons and it is already thinking expanding its network into new areas. The company wants to become a key player in the market in few years time, and plans to open 3-4 shops a year until it hits 50. To hit this target it is currently focusing on smaller cities with less than 100, 00 inhabitants to build its chain. (Puls Biznesu p. 6) M.M.