All Greece articles
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NewsCurrys completes sale of its Greek business Kotsovolos
Currys has completed the sale of its Greek business Kotsovolos after first entering a deal with Greek electricity supplier Public Power Corporation (PPC) in November last year.
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NewsCurrys to sell Greek business for £175m
Currys has entered an agreement to sell its Greek business, Kotsovolos, to Greek electricity supplier Public Power Corporation (PPC) as it aims to strengthen its balance sheet and focus on the UK, Ireland and Nordic markets.
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NewsCurrys Greek business receives bids from ‘several potential buyers’
Currys is weighing up offers for its Greek and Cypriot business Kotsovolos after receiving interest from “several potential buyers”.
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NewsCurrys launches strategic review of Greek business
Electricals retailer Currys has begun a strategic review of its Greek division, Kotsovolos, which could lead to a sale.
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NewsJD Sports snaps up Greek retailer Cosmos
JD Sports has acquired a controlling stake in Greek retailer Cosmos as it presses ahead with its international expansion drive.
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OpinionOpinion: How Marks & Spencer can still win in Europe
Marks & Spencer is a fantastic retailer – that much is true, given its sheer longevity on the UK retail scene.
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AnalysisAnalysis: Marinopoulos plunges Greek grocery market into deeper chaos
Marinopoulos, Greece’s largest supermarket chain and Carrefour franchisee, is teetering on the brink of bankruptcy risking 13,000 jobs
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NewsRetail Diary: Seb James is on a Greek odyssey and Morrisons kicks up a stink
Sebastian James pays a visit to his staff in Kotsovolos stores in Greece, Morrisons letter kicks up a stink and SuperGroup’s number is up.
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NewsAnalysis: Greece's retail sector is feeling the impact of instability
Greece’s debt crisis and fears of an exit from the euro have sent shockwaves across Europe. How is the crisis affecting the country’s retail sector?
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VideoWatch: What the Greek debt crisis means for British retailers in 60 seconds
As the Greek referendum on the new bailout deal looms, we explain how some British retailers are preparing for a variety of outcomes.
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OpinionComment: More of the same for global retailers in 2015
Despite a gradually improving global picture retail in 2015 will still see a continuation of slow progress for many retail firms.
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AnalysisInternational news analysis: Carrefour opens Easy c-store in Shanghai
Carrefour has opened its first convenience store offer in China, 10 years after opening its first supermarket in the country.
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NewsDixons reveals surge in profits as it sees 'glimmers' of a consumer recovery
Dixons, which owns Currys and PC World, has posted a 76% surge in full-year pre-tax profits as it sees “glimmers” of a consumer recovery.
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AnalysisAnalysis: Dixons powers ahead with renewal and transformation plan
Dixons group chief executive Sebastian James is leading the electricals retailer through some radical changes.
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Analysis
International analysis: Avoiding tragedy in the Greek grocery market
The ongoing economic crisis is causing changes in the grocery retail market and creating a totally different environment from the one addressed up until 2008.
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News
Carrefour's Greek franchisee to host shop-in-shops
Carrefour’s Greek franchisee, Marinopoulos, is to host shop-in-shops in partnership with electricals retailer Dixons’ Kotsovolos business.To begin with, the partnership will be implemented in three Carrefour hypermarkets in the Athens area - at Alimos, Gerakas and Marousi, which is due to open later this month.
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News
Carrefour Express to adopt new franchise model
Carrefour Express is to adopt a new franchise model in Greece. The French grocery retailer’s franchisee in Greece, Marinopoulos, plans to franchise 20 to 25 stores a year under the model.The franchises can last for a maximum of seven years, but the agreement can be extended.The initiative is likely to ...
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News
Marinopoulos teams up with online grocer CareMarket
French retailer Carrefour’s Greek franchisee Marinopoulos has teamed with online grocer CareMarket in Greece.Carrefour’s private-label ranges will now be available through the website.Meanwhile, Carrefour Marinopoulos has launched an app for Apple and Android smartphones called Carrefour Greece, which enables customers to access discount vouchers and promotional leaflets.
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News
Lidl reveals Greek investment plan
German Schwarz Group’s discount grocer Lidl has revealed a Greek investment plan of E100m (£81.1m) over the next three years.Lidl plans to open new stores, renovate shops and warehouses and invest in promotions and special offers. “Despite the current unfavourable market conditions, Lidl Hellas will continue to support the country,” ...
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News
Lidl responds to negative publicity
Schwarz Group-owned discounter Lidl has advertised in high-profile local newspapers stressing a commitment to Greek suppliers.The retailer is responding to negative publicity resulting from politicians and official investigators accusing the German retailer of charging higher prices for products in crisis-struck Greece than it does in other European markets.In the ads, ...