A SCOTTISH consultancy has played a key role in helping department store giant Debenhams expand its overseas presence.
Retail Management Consultants (RMC), which is based in Stirling with additional offices in India, said it had concluded a deal which will see the launch of the retailer across the Balkan region.
RMC brokered an agreement with local operator Canopus Investments, which will run stores firstly in Bulgaria, and then in Croatia and Serbia over the next two years.
Debenhams’ international director, Francis McAuley, said: “We see Bulgaria as a strategically important market for our European expansion, and Sofia is an appealing location for our first store opening here.
“There is clearly a gap in the market for a strong department store offer. Our aspirational brands at value for money prices will appeal to Bulgarian consumers.”