Tesco announced the sale of 301 of its stores in Poland to Salling Group’s discount banner Netto. This includes the sales of two distribution centres, and it headquarters in Krakow, all valued at PLN900m (€181m). The transaction needs to be approved by the Polish Office of Competition and Consumer Protection, which will be finalised by Q4 2020. Tesco Poland sale is not unexpected news Tesco...

Rossmann revealed its new flagship drugstore in one of the largest shopping centres in Europe in Poland, Lódz. The ‘space’ store The drugstore chain highlighted the opening of its new store as ‘its step into the future’. The modern format is designed to create a futuristic feel, where the latest technologies and brands that are in line with the latest global trends are offered to encourage ...

Three developments from Auchan in Spain, Poland, and Ukraine. Auchan Retail Spain’s franchisees enjoy strong growth In an interview in local trade publication infoRETAIL, Auchan Retail Spain’s director of expansion, franchising and M&A, Javier Samperiz, said sales at its franchised stores rose 4.9% in 2019. He said 11 new stores had been added to its franchised estate, taking its total to 1...