B&Q owner Kingfisher will open its 1,000th store globally today in Poland.
The store, its 70th in the Eastern European country, will open under its Castorama fascia in Lublin, marking an “important milestone” for the retailer, the company said.
Kingfisher has enjoyed rapid expansion in Poland. The retailer has doubled its store estate in the country in the last six years, expanding its portfolio worldwide by 50% in the same period.
Kingfisher group chief executive Ian Cheshire said: “There is scope for many more stores in our developing markets, including Poland, Turkey and Russia.”
The news comes as Poland provided a brighter note to a downbeat recent trading update. Polish sales rose 2.3% to £513m despite a 15.5% fall in group profits to £371m in the 26 weeks to July 28, hit by poor weather during the summer.