Supermarkets record healthy growth rate in January-May

The supermarket sector outperformed general retail commerce in the first five months of 2019, thanks to the contribution of bulk products (that saw a double-digit growth rate) and the clothing and homeware category. The relaunch of the former Marinopoulos hypermarkets by owner Sklavenitis has also helped.

Nielsen data showed that stores with a floor area of over 100 square meters on mainland Greece and Crete posted a rise in turnover in the January-May period that reached 5.5 percent on a yearly basis. It should be noted that it is normal for supermarket sales to surge ahead of a general election, as was the case in January 2015.

Fast-moving consumer goods (packaged food and personal hygiene items) registered a comparatively lower growth rate of 3.8 percent, while fresh commodities (fruit, vegetables, meat and fish) and bulk products (cheese, cold cuts etc) recorded a...

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