Marinopoulos Super Markets was a Greek retailer. It was formed in 1995 as a 50-50 joint venture between the Greek Marinopoulos Group and the French Carrefour Group, but, in 2012, Carrefour decided to withdraw from the joint venture due to the Greek crisis.[3] It was the biggest retail chain in Greece in terms of both turnover and number of stores. As of 2015, the company operates over 700 stores. Carrefour Marinopoulos in 2013 had a revenue of €1.74 billion and profits €131 million. Marinopoulos brothers have a fortune of around €270 million.
Carrefour Marinopoulos stores are divided into three formats, differentiated by size and the range of products sold.
The larger hypermarkets that stock a wide range of goods are branded Carrefour. Usually these stores are on two floors, ground floor for mainly food and first floor for clothing, electronics etc. There are currently 35 Carrefour hypermarkets located in major Greek cities.
Medium-sized supermarkets that stock groceries plus a much smaller range of non-food items are branded Carrefour Marinopoulos (Formerly Champion Marinopoulos. This name was used up to the end of 2007). It is the most typical store format accounting for almost half of all Carrefour Marinopoulos stores. There are 276 Marinopoulos stores located all over Greece.
Convenience level stores that stock mainly food are branded Carrefour Express (formerly 5' Marinopoulos) and Smile Market in the Thessaloniki area. There are over 300 stores of this format located mainly in urban areas.
Carrefour Marinopoulos also owns 11 hypermarkets (branded Carrefour) and 4 supermarkets (branded Carrefour Express) in Cyprus.
The Carrefour Group and the Marinopoulos Group, through a different joint-venture (Dia Hellas SA), also used to control the Dia hard discount stores located in Greece. However, Dia withdrew from Greek market in 2010.[4]
Until the late 1990s the Marinopoulos super markets were operated as Prisunic-Marinopoulos in cooperation with the 1997 closed French chain Prisunic. The mascot was called ΠιΜί and was on all low cost products.[citation needed]
In February 2016, during the Greek economic crisis, collaboration between Marinopoulos and Sklavenitis, another large supermarket chain, was announced, under which Sklavenitis would undertake the management of the Carrefour hypermarkets. The agreement allowed for equal numbers of Marinopoulos and Sklavenitis appointees to be on the board, but the president of the board would be from Sklavenitis.[5]
^ ab Archived from the original on 2016-03-05. Retrieved 2016-01-15.
^"'Πράσινο φως' για την εξαγορά της Μαρινόπουλος από τον Σκλαβενίτη". News247.gr. Retrieved 23 June 2019.
^. Want China Times. December 29, 2012. Archived from the original on March 9, 2014. Retrieved March 9, 2014.
^"Agreement between Carrefour Greece and Marinopoulos: Dia Stores". Bloomberg. February 18, 2010. Retrieved March 9, 2014.
^"Sklavenitis deal with struggling Marinopoulos seen as lifeline for latter, Dimitra Manifava - Kathimerini". Ekathimerini.com. Retrieved 23 June 2019.
marinopoulos, market, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, june,. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Marinopoulos Market news newspapers books scholar JSTOR June 2019 Learn how and when to remove this template message Marinopoulos Super Markets was a Greek retailer It was formed in 1995 as a 50 50 joint venture between the Greek Marinopoulos Group and the French Carrefour Group but in 2012 Carrefour decided to withdraw from the joint venture due to the Greek crisis 3 It was the biggest retail chain in Greece in terms of both turnover and number of stores As of 2015 the company operates over 700 stores Carrefour Marinopoulos in 2013 had a revenue of 1 74 billion and profits 131 million Marinopoulos brothers have a fortune of around 270 million Marinopoulos Super MarketsTypeAnonymi EtairiaIndustryRetailFounderMarinopoulos FamilyDefunctMarch 1 2017 5 years ago 2017 03 01 Now operating as Sklavenitis Greek Supermarkets S A HeadquartersAthens GreeceArea servedGreeceCyprusAlbaniaBulgariaRepublic of North MacedoniaKey peopleGerasimos Sklavenitis Chairman ProductsSuper MarketHypermarketsDiscount MarketCash amp CarryRevenue 2 140 billion 2014 1 Net income 131 2 million 2014 1 OwnerGreek Supermarkets Sklavenitis 100 2 Number of employees13 998 2014 Websitewww wbr carrefour wbr gr Contents 1 Stores 2 Overview 3 See also 4 References 5 External linksStores EditCountry StoresGreece 906Bulgaria 22Albania 19Cyprus 18North Macedonia 2Overview EditCarrefour Marinopoulos stores are divided into three formats differentiated by size and the range of products sold The larger hypermarkets that stock a wide range of goods are branded Carrefour Usually these stores are on two floors ground floor for mainly food and first floor for clothing electronics etc There are currently 35 Carrefour hypermarkets located in major Greek cities Medium sized supermarkets that stock groceries plus a much smaller range of non food items are branded Carrefour Marinopoulos Formerly Champion Marinopoulos This name was used up to the end of 2007 It is the most typical store format accounting for almost half of all Carrefour Marinopoulos stores There are 276 Marinopoulos stores located all over Greece Convenience level stores that stock mainly food are branded Carrefour Express formerly 5 Marinopoulos and Smile Market in the Thessaloniki area There are over 300 stores of this format located mainly in urban areas Carrefour Marinopoulos also owns 11 hypermarkets branded Carrefour and 4 supermarkets branded Carrefour Express in Cyprus The Carrefour Group and the Marinopoulos Group through a different joint venture Dia Hellas SA also used to control the Dia hard discount stores located in Greece However Dia withdrew from Greek market in 2010 4 Until the late 1990s the Marinopoulos super markets were operated as Prisunic Marinopoulos in cooperation with the 1997 closed French chain Prisunic The mascot was called PiMi and was on all low cost products citation needed In February 2016 during the Greek economic crisis collaboration between Marinopoulos and Sklavenitis another large supermarket chain was announced under which Sklavenitis would undertake the management of the Carrefour hypermarkets The agreement allowed for equal numbers of Marinopoulos and Sklavenitis appointees to be on the board but the president of the board would be from Sklavenitis 5 See also Edit Companies portal Supermarkets portalCarrefour Champion List of supermarket chains in GreeceReferences Edit a b Carrefour Marinopoulos S A Archived from the original on 2016 03 05 Retrieved 2016 01 15 Prasino fws gia thn e3agora ths Marinopoylos apo ton Sklabenith News247 gr Retrieved 23 June 2019 Business Companies Carrefour will not withdraw from China says CEO Want China Times December 29 2012 Archived from the original on March 9 2014 Retrieved March 9 2014 Agreement between Carrefour Greece and Marinopoulos Dia Stores Bloomberg February 18 2010 Retrieved March 9 2014 Sklavenitis deal with struggling Marinopoulos seen as lifeline for latter Dimitra Manifava Kathimerini Ekathimerini com Retrieved 23 June 2019 External links Edithttp www carrefour gr This retail business article is a stub You can help Wikipedia by expanding it vte This article on a Greek company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Marinopoulos Market amp oldid 1108070152, wikipedia, wiki, book, books, library,
