Wine Retailer Chain Wein & Co Expands

CompaniesRetail & Consumer ♦ Published: October 7, 2010; 14:38 ♦ (Vindobona)

Wein & Co continues expanding. Since December 2009, 3 new stores have been opened. Tomorrow a new branch follows in the PlusCity in Linz, and for October and November further locations are expected at the Donauzentrum and the Mariahilfer street.

Wine Retailer Chain Wein & Co Expands / Picture: © Wein & Co

The global investments for further branches amount to 3.5 million euro. According to Wein & Co boss Heinz Kammerer, this is the largest expansion wave since the founding in 1993. Kammerer can imagine up to ten additional locations.

The expansion will also be reflected in sales and returns: Kammerer expects revenues for 50 million euro for the fiscal year 2010/2011…