Wednesday, October 10, 2007

Hema wants to expand its Belgian presence

Lion Capital, the new owner of Dutch retailer Hema (variety stores), has announced it wants to expand its presence in the Belgian market. Hema already has 58 stores in Belgium, but Lion Capital wants to increase this number by another 40 outlets. The intention is to open 20 "normal" Hema outlets and another 20 smaller Hema outlets.

The retailer has just opened 3 such smaller outlets in Belgium and they have to be a proven success before the company moves forward with its expansion plans. This week Hema celebrates its ten year anniversary in the Belgian market. There are over 200 Hema outlets in the Netherlands.

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