Convenience stores

Supermarket chain AB Vassilopoulos is following up its "cohabitation" deal with Holland & Barrett of the Fourlis group and the Polish chain of clothing and home goods Pepco, with agreements with food service chains - mainly fast food, such as kebabs, pizza etc - which they will operate within the large supermarkets.

Large supermarket companies are now fighting the battle for greater market shares in hypermarkets, as contrary to forecasts that this category would suffer due to inflationary pressures, it is growing at a much higher rate than the overall growth in the sector.

Many British grocery stores are selling Bulgarian Easter Breads (kozunatsi), reported the travel site TravelNews. The online publication has found the traditional dessert at various outlets in Cambridge, Haverhill and London.

Britain's biggest retailer Tesco yesterday warned that soaring inflation would bite into future profit, causing its share price to slide along with those of rival supermarkets.

Tesco said underlying profit was expected to drop in its current financial year after it jumped by more than one third in 2021/22.

Retail chain owners are urging ministers to take urgent action.
Namely, 'Freedom Day' took place in England on Monday, i.e. the abolition of almost all restrictions related to the coronavirus pandemic, but at the same time the number of newly infected is growing and chaos is being created due to self-isolation application.

Supermarket chains Spar Hellas and Bazaar have decided to join forces, agreeing to a cooperation deal.
The agreement concerns three levels, aiming at the creation of economies of scale through synergies and the strengthening of both brands' presence, particularly in the category of convenience stores.

Sainsbury's has agreed to buy Walmart's Asda for about 7.3 billion pounds ($10 billion) to create Britain's biggest supermarket group by market share, overtaking long-standing industry leader Tesco.

Sainsbury's and Walmart's Asda are in talks to create Britain's biggest supermarket group, a combination which would surpass Tesco's grocery market share and be worth up to 15 billion pounds ($20.7 billion).

The big supermarket chains in Greece are seeking a share of a market estimated at 9.5 billion euros per year. This is the small and medium-sized retail market (minimarkets and specialized stores), which currently boasts a considerable share of more than 50 percent of retailing.

Dutch retailer Spar on Monday announced its return to the Greek market, aiming for a 12 percent market share and sales of 1.2 billion euros by 2021.