Bebe Tei raked in RON586 million turnover, 30% higher than in 2021.
“This year we will overshoot RON1 billion at Farmacia Tei. The turnover increase is normal and comes amid rising prices and number of shopping receipts. However, the value of the average receipt slipped by 7-10% depending on the month. There’s a volume decline, people are more cautious and I believe the receipt value will continue to drop,” Roxana Maftei, owner of the chain, told ZF.
Last year, Paval Holding, the investment vehicle of Adrian and Dragos Paval of Dedeman, bought 30% in Farmacia Tei and Bebe Tei stock.
Farmacia Tei and Bebe Tei are set to expand further via the opening of new stores in Bucharest, but will also tap into cities outside Bucharest.
“We’re opening a pharmacy in Popesti Leordeni in May on a 1,200-square meter area. In July, we will open a Tei pharmacy and a Bebe Tei one in Auchan galleries of Pitesti, and a Bebe Tei and Tei pharmacy in Focsani at yearend,” she stated.
(English version by Catalina Apostoiu)