Jerónimo Martins Still Dynamic In Poland, But Signs Of Slight Slowdown In Growth

Polish retailer Jerónimo Martins continues to be buoyed by the success of its Polish discount division, with the firm recording total sales growth of 13% during 2011 to reach EUR9.8bn. During the year sales at its Polish Biedronka division increased by 20% and the firm now operates 1,873 outlets in the country. With ambitious plans to increase its Polish network to 3,000 stores by 2015 and Poland's economy expected to prove relatively resilient in the face of global headwinds, the firm's longer-term outlook is

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