H&M's first Polish outlet to open end of next March
Hennes & Mauritz, the Swedish clothing retailer, is to open its first shop
in the Wola Park retail centre in Warsaw at the end of March 2003, after signing
a contract with CERPF, (the centre's owners), on November 15th. The 1,564 sqm
store will inaugurate H&M's long-term venture in Poland, which will involve
more new outlets, probably in Warsaw at a later stage next year, though the
company eventually hopes to open a number of shops throughout the country. Jones
Lang LaSalle represented CERPF and Cushman and Wakefield H&B Hennes and
Mauritz, in negotiations for the Wola Park deal.
Auchan and Casino get closer
French retail companies Casino (Geant hypermarkets' operator in Poland) and
Auchan have merged their purchasing departments. The new company, International
Retail and Trade Services, will liase with global goods' deliverers and
companies that