PEPCO, Polish discount clothing and household chain, will be opening on the 15th of March its first two stores in Bulgaria. Both stores are located in the town Plovdiv, one within Markovo Tepe Mall and the other on no.131 Aleksander Stamboliiski Street.
The opening is part of the chain’s upcoming expansion to Bulgaria, which includes 11 new store openings in the first six months of operations.
PEPCO Expansion Plans for Bulgaria
As previously announced, PEPCO has devised a long-term growth strategy for the Bulgarian market and is planning to open more than 60 stores in the country by 2021.
The units will be located in major cities such as Sofia, Burgas, Plovdiv and Stara Zagora, as well as in other cities with a population of more than 10,000 residents.
Through its expansion, PEPCO is expected to create over 500 jobs in Bulgaria by the end of 2021.
PEPCO in South East Europe
In the South East Europe region, PEPCO is currently present in Croatia (34) stores, Romania (218 stores) and Slovenia (22 stores).
Read more articles about PEPCO’s expansion in the region HERE.
Established in 1999, PEPCO is today positioned as the largest retail chain in Poland outside of the FMCG sector. Its offering encompasses a wide range of clothing, household goods, toys and accessories for the whole family, sold at an affordable price range.
At present, the company operates more than 1,500 stores in 10 European countries, attracting over 15 million customers every month. The number of employees is over 16,000.
Last year PEPCO entered two new European markets, Latvia and Estonia. The same year, the company received three acclaimed business prizes: Service Quality Star 2018, Super Brand 2018 and Forbes’ Diamonds 2.
View the retail assortment of PEPCO on their official website.
To find more companies active in the South East Europe region, visit our Company Database page.
About Markovo Tepe Mall
Markovo Tepe Mall opened in October 2016 in the heart of Plovdiv. The mall has a gross built area of 55,000 sqm and offers four levels of retail space, as well as four levels of underground parking.
The tenant mix consists of many famous international and local brand names including Terranova, LC Waikiki, CCC, Lilly Drogerie, Pandora, Yamamay, Tom Tailor, Douglas and many others.
Besides its shops, the shopping center offers a diverse line-up of restaurants, services and entertainment amenities.