IGD business manager Louise Spillard said: “There is huge future scope for Tesco’s development in Poland; we will also see it moving from the major cities to the regions to expand its appeal to consumers and its geographical presence.
“It will bring its expertise in operating overseas to the Polish market and the future could see it challenging Metro for the overall top spot in the long term.”
IGD’s European Grocery Retailing Report forecasts that Tesco’s sales will hit €1bn in Poland this year. This would raise it from sixth place to the number two grocery retailer in that market.
The report, published this week, said the multiple is the top hypermarket in Poland since it doubled its store numbers to 28 with the acquisition of HIT last year.