
In the elite of the world retail included for the second year in a row o Hellenic Hypermarkets Sklavenitis Group, the only Greek retailer included in the ranking. In particular, according to Deloitte’s annual Global Powers of Retailing 2023, the leading Greek chain Supermarket ranks 242nd among the 250 largest retail companies in the world. The rating was compiled on the basis of 2021 turnover, which for the Greek group was at a consolidated level of 3.98 billion euros.
Deloitte’s top 10 ranking includes US Walmart, Amazon and Costco, followed by German discount group Schwarz (which also includes Lidl), US chains The Home Depot and The Kroger, Chinese online shopping platform JD.com, US pharmacy chain Wallgreens Boots Alliance, German Aldi and American Target Corporation. According to the information, Hellenic Hypermarkets Sklavenitis’s turnover closed at a double-digit growth rate, meaning it far exceeded the €4 billion milestone.
High traffic will continue into 2023, despite the fact that the industry as a whole is seeing a decrease in demand. In 2022, according to official data, the network’s market share was 34.4%, and the average daily traffic was 560,000 people, which is higher than the average daily traffic before the pandemic (547,730 people).
According to Deloitte’s annual “Global Powers of Retailing 2023” publication.
The increase in turnover in 2022 and continued growth in 2023 is of course also due to the fact that the chain has significantly strengthened its network both organically and through acquisitions. A major addition to the chain is a new supermarket in New Philadelphia, in a former Renault building, while stores in Glyfada and Mytilini are still planned.
Thanks to the acquisitions, the company opened twelve new stores in the first quarter of 2023 alone, four in Mesogei as a result of the acquisition of part of the Gegos network, and eight in Larissa after the recent acquisition of AS Agora. chain. Finally, according to market analysts, the chain’s customers seem to be the most “loyal” to the chain, and it is one of the two chains with the highest conversion rate from occasional customers to repeat customers.
Source: Kathimerini

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