“It is our best performing store, with over one million customers per year. Obviously, such heavy foot traffic led to a need for renovation, which we will undertake at the end of the year. The store will remain open throughout this process,” said Frederic Lamy, CEO of Leroy Merlin.
The company has plans to open a new store in Brasov in 2022. In December 2020 Leroy Merlin bought a property in Brasov in view of expansion from Belgian investor Mitiska REIM, specialized in the development and management of retail parks.
Earlier this month, Leroy Merlin opened a store in Targoviste, its first in Dambovita county, and 19th in Romania. The store has an area of 10,000 square meters, 100 employees and entailed an investment of just under EUR10 million.
Leroy Merlin had sales of nearly RON2.2 billion in Romania in 2020 and Lamy estimates sales will top RON3 billion this year. The retailer has over 2,500 employees in Romania.