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@Cashflow_Investor I can't say what it's like in the region where your girlfriend lives, but Dino tends to follow a different concept to Biedronka, for example. The stores are much smaller and tend to serve rural areas.
The growth rates have so far proved Dino right. Of course, it remains to be seen how things will develop in the future.
Thank you for your explanations 👍
The growth rates have so far proved Dino right. Of course, it remains to be seen how things will develop in the future.
Thank you for your explanations 👍
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@RealMichaelScott not quite correct.
The markets are smaller than Dino, but that's true
Biedronka can be found in every corner of Poland, Dino unfortunately not .
Dino simply has a lot of work to do to attract more customers.
Lidl is also there and is building stores in every corner
The markets are smaller than Dino, but that's true
Biedronka can be found in every corner of Poland, Dino unfortunately not .
Dino simply has a lot of work to do to attract more customers.
Lidl is also there and is building stores in every corner
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•@Cashflow_Investor That's why I wrote that they still have a lot of growth ahead of them and have only opened around 34% of the planned stores.
Accessibility certainly plays a major role.
Accessibility certainly plays a major role.
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•@RealMichaelScott exactly.
And that's what I meant .
Competition is simply so high for the company.
Whether they can achieve everything they are planning is a question that we and even the CEO cannot answer at the moment.
And that's what I meant .
Competition is simply so high for the company.
Whether they can achieve everything they are planning is a question that we and even the CEO cannot answer at the moment.
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7Mes
@Cashflow_Investor I was born in Poland and still go there regularly. Very rural, structurally weak area in the triangle between Opole, Ratibor and Gliwice. It feels like the Dino stores have sprung up like mushrooms in recent years. Here is my perception of how this is distributed in Poland:
Lidl, Aldi and Bierdronka are more common in small towns and larger district towns. Dino, Lewiatan and Delikatesy Centrum in smaller towns and villages. The latter towns in particular are home to many people with modest incomes who rely on affordable prices and short distances. I think the Dino concept is quite good, it actually has everything you need, prices are reasonable and for more specialized things you have to go to the larger supermarkets in bigger cities anyway. There's a Lewiatan in my grandmother's neighboring village, but it's even smaller than Dino and has a rather mediocre range. A smaller self-run store had to close because of the Dino.
Lidl, Aldi and Bierdronka are more common in small towns and larger district towns. Dino, Lewiatan and Delikatesy Centrum in smaller towns and villages. The latter towns in particular are home to many people with modest incomes who rely on affordable prices and short distances. I think the Dino concept is quite good, it actually has everything you need, prices are reasonable and for more specialized things you have to go to the larger supermarkets in bigger cities anyway. There's a Lewiatan in my grandmother's neighboring village, but it's even smaller than Dino and has a rather mediocre range. A smaller self-run store had to close because of the Dino.
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