Retailing

Sklavenitis acquires online retailer

Leading supermarket chain Sklavenitis is entering the market of online commerce with the acquisition of the caremarket.gr website.

The retailer, that grew into the largest market player with the acquisition of defunct rival Marinopoulos in 2017-2018, has finally broken into the digital market of retailing with the acquisition of the online sales service from Yoda SA.

Almost all products sold during ‘Black Friday’ week had no price discount

Just 8.5 percent of the products acquired through the Skroutz website in the context of the week-long "Black Friday" promotional event last month were purchased at a notable discount - over 10 percent - which was far less than the already low 15 percent rate last year.

The Fastest Growing Online Businesses

Many people and businesses used the possibility of growing by using the Internet as their base. The net made every product and service far more reachable than before. Online platforms like social media connected the world and turned it into a big marketplace. The positive side of the online business is that it enabled many people to find jobs and have excellent salaries.

Spar Hellas and Bazaar join forces

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.

Six of the Largest Retail Chains Have Invested BGN 17.5 Million in Improving the Living Environment in Bulgaria

Six of the largest retail chains in Bulgaria - Billa, dm, Kaufland, Lidl, Mr. Bricolage and T MARKET have invested BGN 16, 5 million in environmental sustainability in the last year alone. Separately, they have donated over BGN 1 million to support over 50 social initiatives, driven by the drive to improve the lives of people in Bulgaria.

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