Luxembourg drug store chain downsizing to upsize

Drug store chain, Meng Drogerie+, is to close four of its 24 stores in Luxembourg in a bid to get rid of its unprofitable outlets.

The shops affected will be in Wasserbillig, Bascharage, Soleuvre and Rodange, the chain revealed.

“The decision to close shops which receive between 30 and 50 customers per day and which are not profitable, is part of our action plan,” said owner Kamil Kliniewski, adding: “This kind of decision was not taken at the time the shops were run under the Schlecker or Dayli brand and it's what weakened the brand.” 

The Polish investor and partner of Kerdos Group SA has new goals. “I want to strengthen our presence in strategically attractive areas and develop there. We want to be leaders in the Luxembourg drug store sector,” said Mr Kliniewski.

As part of the strategy, the owner plans to increase the number of stores in the Grand Duchy to 40 by 2018, creating around 100 jobs. The owner says the focus of the shop will shift to specialise in cosmetics and perfumes.

“When I enter the Luxembourg stores, they do not give off the image I would like,” said Mr Kliniewski.

From an article by Laurence Bervard/Dominique Nauroy

Do not miss the news - sign up to receive the wort.lu newsletter in English delivered to your inbox six days a week.