11. November 2005 at 14:24

Discount shopping increasingly popular

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IN THE FIRST half of this year discount stores in Slovakia reached a 12-percent market share, which represents annual growth of almost 50 percent year-on-year, according to a GfK Slovakia poll, the Hospodárske noviny daily reported.

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Experts expect that the share of discount firm at around 12 or 13 percent until the end of the year but may grow in the future.

Currently there are two discount store chains in Slovakia – German companies Lidl and Kaufland.

According to the Pravda daily, another German discount chain, Aldi, plans to open around 30 stores in Slovakia next year.

Compiled by Martina Jurinová from press reports

TheSlovak Spectator cannot vouch for the accuracy of the informationpresented in its Flash News postings.

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