Kaufland remains leader, while Lidl approaches the top with a turnover of nearly 2 billion levs
The average debt-to-asset ratio remains near 50%, narrowing slightly
The sector grew by 13% on average in 2021, with total sales reaching 10.7 billion levs
The revenues of the 30 largest retailers are growing with the help of e-commerce.
The pandemic practically froze the M&A market. Buyers are still mostly local faces
All top 20 companies achieved a revenue growth' it is above average for nine of them
How one toy retailer got mixed-up in anti-government protests and received an uninvited buy-out offer
Revenue growth slowed at retail chains in 2018 but remained adequate at over 8%
On average, retail sales grew 10% for a second year in a row in 2017, while profits rose by 24%
Bulgarian business may take a hit if the devaluation of the lira triggers a financial crisis spilling over into the real sector
The biggest retail chain in Bulgaria contributed 18% of the total turnover of the top 100 traders.