Kaufland Growth Slowed Down In 2016

05.30.2017 By Alina-Elena Vasiliu

Kaufland hypermarket chain saw its sales go up 6% to 9.7 billion lei (EUR2.04 billion) last year, its lowest growth in the past eleven years. The retailer’s growth therefore slowed down from the double-digit rates it used to get in the previous years. Kaufland opened five stores a year in 2015 and 2016.

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Keywords:
kaufland
, growth
, slowdown