Greek Supermarket Profits Rise
Greece's food industry is beginning to recover, as market chain's turnover data has revealed that sales volume is picking up, in the first three months of the year.
According to Kathimerini, IRI marketing consultants determined that the previous decline in grocery store sales that hit 6.9% last August on a yearly basis, were marked at only 1.8% last month.
Supermarket purchasing declined by 1.9% in total, during the first quarter of this year. This was a result of competitive methods administered by major Hellenic food chains, such as price reductions and specialized offers. Veropoulos has opened two new supermarkets, while Sklavenitis, Vassilopoulos and Lidl are planning to enlarge their locations as well.
Tagged under
Related items
-
Tsipras's new party surges past PASOK to become Greece's leading opposition force
-
Shay Gal: The Hellenic Navy teaches Israel one hard lesson: how to read Turkish pressure through islands, straits, air-sea seams, and escalation thresholds.
-
Joint naval exercise between Greece and Cyprus off Larnaca and Limassol
-
Beleris on incidents in Albania: Greek properties are being encroached on to build the hotel
-
The six times Americans saw UFOs in Greece, three of them on video – What the files released by the Pentagon say