Mercator Will Continue To Invest Despite Lower Profits

After revealing that it expects its net income to have fallen by 21.6% in 2010 due to a challenging business environment, Slovenian retailer Mercator has announced that it intends to invest US$88.5mn during 2012 to grow sales. The firm plans to open 58 new stores during the year and has also said it will invest in processes and refresh its product offering across Slovenia and Croatia. Mercator's core markets are being hit hard by the difficulties of the eurozone. However, over the longer term we see some positives in the firm's presence in under-retailed parts of

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