date:Aug 19, 2014
ng sales of more than 80 billion. This shift in European retail is fuelled by the near-unstoppable growth of the format across Western European markets.
The report predicted that the discount sector will grow at a compound annual rate of at least 4 per cent in the five years to 2018, with Die Schwarz-Gruppe leading the pack with growth of nearly 5 per cent. This compares to the hypermarkets and superstores division which, the report anticipates, will grow less than 2 per cent.