Hypermarket
Small Grocery Stores Drive Bulgaria's GDP Despite Hypermarket Competition
Small grocery stores contribute approximately 10% to Bulgaria's GDP. For the first time in a decade, traditional trade is outpacing the growth of modern trade, reversing a long-standing trend that had led to the closure of 10,000 family-owned stores in recent years.
Retailers are focusing on hypermarkets
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.
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Bulgaria: Non-Food Retail Chains Resume Work after Threat to Stage Protests
Under the threat of a possible protest issued by non-food hypermarkets yesterday, the authorities decided to open them. Health Minister Kostadin Angelov announced that this will be written down in an order he will make public today. It will require stores to provide 8-10 sq m of shopping area per each customer.
JTN: Over 80% of Consumers Agree that Large Chains Should Sell more Bulgarian Products
The Online Marketing Research Agency JTN conducted a national-representative survey on April 20-24 on the consumer behavior trends in the conditions of COVID-19. It aims to outline major changes in customer behavior and attitudes.
Alibaba is Considering Buying a Stake in the German Chain Metro
China's online giant Alibaba can acquire part of the German Metro trade chain operations on the Chinese market. This is what unnamed sources of Reuters say.
Sklavenitis to focus on fresh, local produce
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.
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Supermarket in Sofia was Evacuated Because of a Bomb Threat
Evacuation in a metropolitan hypermarket in Mladost.
Because of a bomb alert shortly before 18 hours, customers were asked to leave the building and abandon their carts.
Bulgaria's The Mall Is For Sale
The second mall in terms of revenue in Bulgaria - The Mall on Tsarigradsko Shose Blvd. is for sale, read the notification sent to the Commission for Protection of Competition at the end of 2016.
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Bulgarian bauMax Stores Change Name to HomeMax
HomeMax is the new name of the Bulgarian business of Austrian hypermarket chain bauMax.
bauMax sold its network of eight stores in Bulgaria to local investor Haedus JSC in September 2014.
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UAE hypermarket chain shows interest in Serbian products
BELGRADE/ABU DHABI - Serbian President Tomislav Nikolic conferred on Sunday in Abu Dhabi with Managing Director of the LuLu Group Yusuff Ali, who voiced interest in including Serbian food products in the offer of the UAE's leading hypermarket chain.