ECONOMY

Renovation plans for Marinopoulos stores

Renovation plans for Marinopoulos stores

In the first half of 2017, Greek supermarket chain Sklavenitis will begin partial renovation works at all stores it receives from acquired rival Marinopoulos that are to remain in operation.

The supermarkets will firstly undergo a name change, with the Sklavenitis sign going up outside each branch, while interventions will also be made inside the stores, in line with existing Sklavenitis outlets.

According to an agreement Marinopoulos made with former stakeholder Carrefour, the Greek chain can only use the brand name of the French giant up until March 31 next year.

Later on, between six and eight stores will be fully renovated each month for the next three to four years.

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