September 20, 2018

Mega Image expands in Romania

This Wednesday, retailer Mega Image will open a new Shop&Go store in Bucharest on the United Nations Boulevard. This takes the retailer’s network to 260 stores. Throughout the year, Mega Image continued its aggressive expansion strategy, focusing mostly on the smaller Shop&Go format. According to the company’s CEO, Xavier Piesvaux, the retailer could reach a network of 300 shops in 2013. After opening 88 new branches in 2012, Mega Image increased its profit 3.5 times to RON 46.7 million on the previous year, while its turnover rose by 44 % to RON 1.75 billion, according to public data.

Source: Business-Review (read more)

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