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Rossmann to add 300 stores over 2013-2014


2012-12-03



Rossmann, the German drugstore chain, aims to accelerate the expansion of its store network in Poland in the next two years, even despite the economic slowdown and mounting competition from discount retailers, Marek Maruszak, CEO of Rossmann Polska, has indicated.

The group, which on 6 December was due to inaugurate its 700th outlet in Poland, wants to open about 150 new stores in 2013 and a similar number in 2014, allowing it to reach the 1,000-mark a full year earlier than its previous target of end-2015, Mr. Maruszak told Biznes.pl.

To accommodate the growing store network, Rossmann also plans to invest PLN 70m (approx. €17m) in a new warehouse in Pyskowice (Slaskie voivodship), which will serve southern Poland and is expected to come online in late 2014; and to expand an existing warehouse in Grudziadz (Kujawsko-Pomorskie voivodship).

Thanks to rapid network expansion, Rossmann’s revenues in Poland are forecast to hit PLN 5bn (€1.2bn) this year, compared with a little over PLN 3bn (€730m) in 2009.



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