Polomarket splits into two companies

Two companies that operated the Polomarket shop chain has decided not to continue their cooperation.  Polomarket and market-Detal want to "independently pursue business goals," Puls Biznesu reports. One company, Polomarket, will continue previous activity and operate 64 percent of the current chain, while 36 percent of the shops change their logo and start a new brand under the management of market-Detal. Polomarket currently has 420 shops which amassed PLN 3.75 bilion last year. The split means that Polomarket will lose 170 shops and 40 percent of the income. Two distribution centers (one in Giebnia and one in Kłobuck) will stay with Polomarket- market-Deal wishes to expand its own distribution chain. New brand will officially be presented near the end of 2014. Polomarket is currently the biggest supermarket chain financed by Polish capital.