The company has kept an alert expansion pace, of over 20 units per month, managing to overshoot the 1,100-store mark, which has not been reached by any other store chain so far. Some 200 units have been inaugurated since the beginning of 2019, according to Ziarul Financiar data, and the retailer plans to open over 250 new stores in 2019, according to previous data.
Profi operates three store formats in Romania – Standard (regular up to 550 square meter stores), City (smaller, 150 to 250 square meter stores in cities) and Loco (rural areas).
Profi opened some 230 new stores in 2018, reaching over 900 units. In terms of expansion rate, Profi holds the top spot among retailer in Romania, being followed by retailer Mega Image, which has over 700 supermarkets and convenience stores.
The supermarket and convenience store chain Profi reported almost RON6 billion (EUR1.26 billion) sales in 2018, up 25% year-over-year.