French multinational supermarket operator Carrefour has announced its return to the Greek market, some 10 years after its hasty departure and the abrupt end of its local partnership with the now insolvent Marinopoulos group.
According to a joint announcement by Carrefour International Partnership and Retail & Μore S.A., looming expansion in Greece aims to place and develop the Carrefour brand in the local market.
In a more-or-less surprise development, the group added that it plans to open its first outlets in Greece by this summer, with the local partner being TeleUnicom.
In a statement, Carrefour International Partnerships executive director Patrick Lasfargues said the “…the Carrefour brand and products are well known to Greek customers and we are very excited to bring them the best of Carrefour. TeleUnicom will give us the best platform in order to enter this market quickly and efficiently. By setting up in Greece in 2022, Carrefour International maintains its strong development dynamic in new regions.”
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