The Mere discount chain is closing more than half of its branches in Germany. Apparently, the Russian company is struggling with delivery problems in this country. The reason for this is likely to be Russia’s war in Ukraine.
The Russian discount chain Mere is closing numerous stores in Germany. The branch network has meanwhile melted from the original nine to four locations, as reported by the “Lebensmittel Zeitung”. After the branches in western Germany had already been closed at the turn of the year, locations in Saxony-Anhalt have now also been closed. Mere cites “operational reasons” for this.
Problems with the supply of goods are probably one reason for the closures. So far, Mere has sourced most of its goods from Russia. As a result of the war in Ukraine, however, this is only possible to a limited extent. At the remaining locations, the range has now been greatly reduced.
A complete abandonment of the business in Germany is not planned. Instead, they want to concentrate on the branches near the headquarters around Leipzig in the future.
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As a result of the war in Ukraine, the company has already announced its withdrawal from Great Britain. In Spain, too, business is on the brink.
Mere has been active in Germany since 2019. Because of its concept with simple furnishings and low prices, the retailer is also called “Russian Aldi”. The company actually wanted to open up to 100 branches in this country.
In the UK there were plans for a total of 300 sites. After the announced withdrawal, this will probably not happen. Mere belongs to the Torgservis group of companies from Krasnoyarsk in Siberia and sells groceries, household goods and drugstore items, among other things.
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The original of this article “Russian discounter chain Mere closes five of nine branches in Germany” comes from chip.de.