The retail chain Piccadilly is planning to open 5 new stores by the end of the year in Burgas, Vidin , Plovdiv , Stara Zagora , and Dobrich. The company would invest a total of EUR 10mn. The retailer is to open 20 new outlets in the near future to raise its market share from 15% at preset to 20-25%. Piccadilly has invested a total of EUR 19mn since the beginning of the year and has raised its sales by 30% y/y in Jan-May. It has started the construction of a distribution centre in the capital city of Sofia to facilitate supplies. The Serbian company Delta Maxi acquired the local retail chain Piccadilly last year and announced plans to invest EUR 80mn in the opening of 20 Piccadilly stores to a total of 31 in two years to double sales from EUR 110mn last year. It plans to invest EUR 120mn in construction of six stores under the discount Tempo trade mark and to host other two Tempo stores at the location of German retailer HIT stores in the country.