They consider Poland to be a promising country with substantial prospects for development and profiting from the retail business, which is why they are planning intensive expansions. Their stores currently feature in virtually every tenant mix of retail parks and centres in smaller towns – and elsewhere too. I am talking about clothing discount store chains KiK, TextilMarket and Pepco.
The customer is kingThe latest of these to come to Poland is the KiK chain, otherwise known as Kunde ist König [“the Customer is King”]. The company is part of the Tengelmann group, the owner of TREI Real Estate, which is the investor behind the Vendo Park network. “We entered Poland in March 2012, where we had as many as 38 outlets at the end of 2013. The concept we provide works well and has been welcomed in Poland. Poles appreciate what we have to offer: good quality at a reasonable price. People see that fashion does not need to be expensive,” says Mariusz Kulik, t