The Finance Minister may not like it, but hypermarkets are set to expand
At the moment such stores control about 40% of the market, while at the end of the 1990s it was only 20%. Reynolds believes that the result of the growing competitiveness and fast expansion of hyper-markets in Europe will be a considerable decrease of food prices, which will also indirectly influence food producers. Andrzej Faliński, general secretary at the Polish Trade and Distribution Organization (POHD), believes that further integration and consolidation of retail trade in Poland is unavoidable. According to him, only those who will increase the range of their activities, either through organic expansion or consolidation, will be able to survive. (Puls Biznesu, p. 8) A.F.