Carrefour Express

After nearly a decade-long absence, the renowned French retail chain Carrefour has made a triumphant return to Bulgaria, marking its comeback with the opening of two supermarkets in Sofia. The new Carrefour outlets, situated in TSUM (Central Universal Store) and at 89 Al.

French retail giant "Carrefour" is set to re-establish its presence in Bulgaria, unveiling plans for a significant return through a partnership with Greek franchisee "Retail & More." The announcement details the sub-franchising of the Carrefour brand to at least 20 stores in Bulgaria, with negotiations underway, including discussions with Bulgarian companies like Parkmart Holding for sub-fr

Northern Greek supermarket chain Masoutis continues to bolster its presence in Athens, that started last year with the acquisition of the small Promitheftiki chain, and is planning to open 10 new supermarkets in the capital this year as part of its 25-million-euro total investment plan - with 15 new outlets across the country.

Sklavenitis, the leading Greek supermarket chain, is planning to open a number of store where the emphasis will be on fresh products while another project foresees the showcasing of small Greek producers.

Shares in Carrefour slumped on Aug. 31 after the world's second-largest retailer warned 2017 operating profit could fall by around 12 percent.

Carrefour shares were down by around 10 percent in early trading, while Carrefour's French rival Casino also lost ground.