E. Leclerc plans zl.200 million supermarket investment
E. Leclerc, one of the powerhouses on the Polish retail market, has an
nounced plans to invest zl.200 million in the further development of its
supermarket network. According to an anonymous representative of the French
group, "The money will be allocated mainly for the construction of sup
ermarkets with a floor space of some 2,000 square meters. This year we will
begin building five stores. We plan to complete four or five each year." E.
Leclerc already operates nine hypermarkets in Poland, each with a floor
space of around 6,000 square meters. According to Anna Zajbert, consultant
with real estate agent CB Richard Ellis, retail investors are becoming more
attracted by smaller stores in towns with fewer than 150,000 people, because
of the growing competition in big cities. (Puls Biznesu, p. 7) P.W.