Major food retailers, 10% expansion since start of the year - Azi

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Hypermarkets were outrun by discounters in terms of the expansion pace registered in the first half of this year.

Hypermarkets, which last year posted a 72.5% advance in the number of stores held on the domestic market compared with 2006, expanded by 7.25% in the first half compared with the end of 2007, through the opening of five stores, shows a survey Carrefour presented at a retail workshop. However, discounter networks were the ones boasting the fastest growth this year, with 19 stores...

Read the whole story in: Ziarul Financiar

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