Supermarket

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.

The Development Ministry announced on Thursday it has imposed fines totaling 1,380,000 euros for unfair profiteering on 13 companies. They include high-profile companies FG Europe and Lidl Hellas.

When Nikos Veropoulos sold his supermarket chain in Greece to Metro AEBE in 2016, he held onto the outlets under the Vero brand in the Balkans. It was a wise move that is being followed today by more Greek chains seeking to expand into neighboring markets with greater growth potential and a younger clientele.

Police are seeking a suspect who robbed a supermarket of an undisclosed amount of money in Aigaleo, western Athens, late Thursday.

According to the police, the man entered the supermarket around 10.30 p.m. armed with his face covered. He threatened an employee, emptied the cash register, and fired two shots in the air before taking off.

The government is redesigning the e-katanalotis platform so that the consumer knows the exact cost of the products they want to buy at supermarkets around their home and where they will find the cheapest prices, Development Minister Kostas Skrekas said on Thursday speaking to ANT1 TV.

A 17% average decrease in starting prices for 100 menstrual products has been recorded as of Wednesday.

These products are added to the categories that, as announced by Minister of Development Kostas Skrekas, have been part of the intervention since March 1, limiting the total discounts of suppliers in supermarkets by 30% and transferring the corresponding benefit to the consumer.

Greek consumers are increasingly turning to private label products as they strive to lower their supermarket bills in the face of persistently high prices, according to an annual phone survey conducted in January 2024 by the Marketing Lab of the Athens University of Economics and Business (AUEB), using a random sample of 1880 households.

The Development Ministry is seeking to assign the role of "Big Brother" for 15,000 product codes to the e-katanalotis market monitoring platform.

Speaking on the government's decision to reduce inflated prices on certain supermarket goods on Friday, Development Minister Kostas Skrekas said that the measure will be permanent and that it tackles a decades-long malaise.

President of the Association of Midsize Supermarkets: The majority of companies have adopted the logic of reducing price lists