Poland: KiK's store target is 650 stores
German discount non-food retail chain KiK (owned by German Tengelmann Group) launched 12 new stores bringing the total to 350 stores in Poland. In KiK stores you can find "constantly low prices", and this is even more important nowadays than a few months ago, explains Adam Puk, expansion manager of KiK and adds: we did not intend to give up expansion activities, we just had to adapt them to the new circumstances. In practice, in Q3 we opened 12 new stores, which means that in Q3, on average, a new KiK store was opened once a week.
KiK will open 3 stores in one day on October 29, Augustów, Głuchołazy and Skarżysko-Kamienna. In total, it opened 7 new stores in October and we plan to maintain a similar pace until the end of the year reports Marcin Ostrowski, expansion manager of the KiK chain of stores and announces: and we hope that the last months of this year will allow us to get closer to this result. There are at least a dozen KiK stores ahead of us. We will appear in other locations in Ełk, Łódź, Toruń, Warsaw and Nysa, we will also open the first KiK stores in Władysławowo, Nidzica and Barlinek.
The KiK discount store chain has been present in Poland since 2012. In recent years, the pace of chain expansion has remained at the level of 50-60 new openings per year, and the current goal of KiK is to reach the number of 650 stores in Poland. By 2022, the company wants to have about 5,000 stores in Europe.