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Retail developments
in the Czech Republic
since entry to EU
a decade ago
JESPER LAURIDSEN
CEO, Ahold Czech Republic
March 18, 2014
Albert hold in the Czech Republic at a glance
Albert´s 3 promises to associates
One of the largest
employers
• Albert, the Czech grocery
operation of Ahold, employs
around 13 000 associates
• Albert operates 284 stores
• Meets the needs of customers in
all regions of the Czech Republic
• Last week, we announced the
acquisition of the 50 stores of
Spar in the Czech Republic
Cooperation with local
suppliers
• Products of Czech regional
suppliers form the main part of
our assortment
• In total more than 2500 Czech
& international suppliers and
partners
• The Albert chain, in line with its
strategy, pays strong attention
to the quality and freshness of
food
Albert as a better place for
a purchase
• Two formats
— Supermarkets (1 000 sq.)
— Compact stores (3 000 sq.)
+ big number of locations
• Focus on wide choice of
products of high quality
standards
• Friendly and communicative
staff
2
Modern Retail in Central Europe
• Retail first privatized sector of the Czech economy (beginning of 90s). These days Czech retail
sector one of the most developed and most modern of Europe
• Retail pioneer for movement of goods, services & people across the borders
• The retail has been helpful to:
o Cross country trade
o Cultural understanding
o Wider assortment and choice for customers
o European Quality & Standards
o Etc.
3
Important & Integral part of retail society today
Highlights of the Czech Retail
11,1% contribution to
the GDP
The second biggest
employer (16% with
more then 0,5 million
employees)
Up to 16% of
household
consumption
expenditure goes
to retail
Annual turnover for
retail sales reached
almost 52 billion EUR
The investment since
the 90s has reached
22 billion EUR
International business
one of the first and
most significant
investors in CR
Support of regional
suppliers and domestic
producers
Top in the European
league in number of
stores
Social responsibility
programs, modern
technologies
Sources: INCOMA Gfk, EuroCommerce material „Shopping for Growth, CCCT CR
4
Albert proud to be part of Czech retail
Significant progress made in the retail sector. Important to keep the positive momentum.
Act on Significant Market Power
Amendment of the Law on Food
Others
5
THANK YOU!