2024-05-26 16:11:10
The discounter Tedi has been round for 20 years. To mark its anniversary, the corporate is saying main growth plans.
The German discounter Tedi intends to considerably increase its department community. The non-food specialist at present has 3,200 shops in Europe. 300 branches had been added previously monetary yr alone. And the growth is about to proceed. “Our success proves that stationary retail may be efficiently led into the long run with the suitable idea. Within the medium time period, we are going to develop to five,000 branches in Europe,” stated CEO Petar Burazin in an organization press launch.
He argued that such a growth was “something however self-evident given the geopolitical, social and macroeconomic challenges.” The battle in Ukraine and tensions within the Center East had a big impression on provide chains. However, his firm was resilient. In August 2023, the corporate took over 42 shops of the French discounter Max Plus, which Burazin described as a milestone.
The corporate’s historical past started 20 years in the past with the primary retailer in Hagen. A short while later, the community grew to 120 branches in Germany. Tedi primarily presents furnishings, furnishings, workplace provides, cosmetics and toys in addition to pet meals and clothes. There are at present 1,890 branches in Germany.