By George Lampiris The Greek retail of supermarkets is currently based on opposing forces. The reason is that each of the companies that are active in it, make moves to supplement what they do not have. On the one hand, the electronic platforms efood Market, Wolt Market and Rabbit are making moves to develop a […]
Tag: My Market
Metro-My market: Found the antidote to energy costs
By George Lampiris Energy costs for the Metro Group will increase by around € 7 million in 2022 – and a total of € 15 million in the last two years – as a result of the surge in energy costs despite the fact that electricity consumption remains stable compared to in 2021. Thus, while […]
Metro-My market: Investments of 250 million in five years
Of George Lampiris The Metro Group, which manages both the Metro Cash & Carry wholesale stores and the My market retail stores, is implementing a total investment of € 250 million over a five-year period. The specific amount will be allocated to the development of the group’s network, to the creation of another logistics center […]
Metro and Masoutis: Costs, Accuracy, Energy and Crisis Management
By George Lampiris Investments in photovoltaics, which it is going to place in its stores, will be implemented by Metro, a group that includes My market stores and Metro Cash & Carry, as stated at the Food Retail CEO Forum conference organized by the self-service magazine, Costas Antimisaris, General Business Director, Metro SA. This is […]
Food: ‘Hidden’ in sugar – cereals, ceilings and deficiencies
Of George Lampiris One supermarket chain after another sets a ceiling on essential goods that may be unavailable in the near future. The move to set a ceiling is made in some cases precautionarily, in order not to upset the balance in the supply chain, however, there are already isolated cases of shortages of specific […]
What changed with the supermarket payments to suppliers
By George Lampiris A multi-speed market is currently being recorded in supermarkets and is related to the difficult bet regarding the repayment time of their suppliers, ie the food industry and the companies operating in the primary sector after the activation of law 4792/2021, which provides the repayment of suppliers of food and agricultural goods […]
My market: Investments of 36 million euros and the traffic – surprise in Omonia
By George Lampiris The Metro group, which manages the My market stores, is reportedly moving to create a new store in an area that has been showing urban renewal characteristics lately, that of Omonia Square and the streets around it. The new My market store will be located on the site of the former McDonald’s […]
From Marinopoulos, AB and Sklavenitis to tomorrow’s e-grocers
By George Lampiris In 2003 there were 10 large supermarket chains in Greece with a turnover of 269 million euros the smallest of them and up to 1.45 billion euros the strongest. Today, after 18 years of these chains, 5 are now a thing of the past. At the same time, the balances and data […]