Some 3 percent of the so-called “quick selling” items sector in Greek super markets, valued at150 to 200 million euros, decreased over the recent period, an effect analysts said is directly related to the troubled Marinopoulos group’s very sluggish performance over the last year.
By D. Alexaki
Some 3 percent of the so-called “quick selling” items sector in Greek super markets, valued at150 to 200 million euros, decreased over the recent period, an effect analysts said is directly related to the troubled Marinopoulos group’s very sluggish performance over the last year.
The figure arises from data in a report by the firm IRI, which referred to a “Marinopoulos effect”.
According to IRI senior retail consultant Vangelis Foskolos, who spoke to “N”, the decrease in the sub-sector of the domestic retail supermarket sector between January and August 2016 reaches 7.9 percent. The survey included stores with at least two cash registers on the Greek mainland and Crete, and without the retailer Lidl included or “cash&carry” type stores.