Dietary supplements and vegan food retailer from the UK prepares for market entrance in Romania.
Ready to dive into the latest health and wellness trend hitting Romania? That's right, folks! The famous British chain, Holland & Barrett, is about to make its debut here! We're talking dietary supplements, vegan grub, and all things good for your bod.
This news comes straight from the Greeks over at Fourlis, who've got the rights to the Intersport franchise in Romania, as per Profit.ro. They've got a grand plan to storm the Romanian wellness market, and Holland & Barrett is being banked on as their golden ticket.
So, what's the game plan? Fourlis is aiming to open a whopping 120 stores across Romania, Greece, and Bulgaria, with 60 of those bad boys finding their home right here in Romania. The remaining 40 will set up shop in Greece, and 20 will make Bulgaria their new stomping ground.
Now, let's talk store size, location, and costs. The initial stores will boast approximately 150 square meters, settling down in busy spots like shopping malls or bustling commercial streets. Each store is estimated to cost between EUR 120,000 and EUR 150,000 to set up, depending on the infrastructure. But don't worry, once these stores are up and running, they're projected to bring in sales of EUR 4,000-5,000 per square meter after the third year.
Holland & Barrett's history can be traced all the way back to 1870, and they've since expanded their network to over 1,600 stores in 18 countries. There are already more than 800 stores in the UK and Ireland under their belt.
As for Romania-specific details on their store expansion plans, locations, and sales projections? Well, that's still a bit hush-hush at the moment. But with Fourlis' aggressive retail moves and Holland & Barrett's global reach, it's safe to say that Romania's going to get a healthy dose of good vibes!
Stay tuned for updates, folks! This is just the beginning of a healthier Romania!
(Photo credit: Holland & Barrett Swansea Quadrant on Facebook)
Remember to check back with us at our website for all the latest on this exciting development!
(Sidenote: I dug around a bit, and while there's been activity involving international brands in Romania, no specific details on Holland & Barrett's expansion plans within Romania have been disclosed yet. Keep your eyes peeled for further announcements!)
- The science of nutrition and healthy diets will significantly impact the health-and-wellness industry as Holland & Barrett, known for its dietary supplements and vegan products, prepares to enter the Romanian market.
- This expansion, managed by Fourlis who holds the rights to the Intersport franchise in Romania, is expected to be a major business venture, with a goal to open 120 stores across Romania, Greece, and Bulgaria.
- By setting up shop in strategic, crowded locations, such as shopping malls and busy commercial streets, Fourlis aims to capitalize on the retail sector, with each store costing between EUR 120,000-EUR 150,000 to set up.
- With an established history in the industry, dating back to 1870, Holland & Barrett has already expanded to over 1,600 stores in 18 countries, proving their potential to revolutionize the health-and-wellness market in Romania.
