Supermarket chain Bazaar closed the eleven-month period with a growth of 1.4%, as the company's Commercial Director, Panagiotis Tsagaris, explains to FnB Daily. With the market growing at 3.4% in the same period, the deviation recorded by the company in the eleven months is due to the implementation of its investment plan, which reached €6 million, and concerns:

• The change of the company's ERP systems
• The relocation of the infrastructure to the new logistic center in Agia Annis
• The installation of the WMS in Bazaar's warehouses

BAZAAR'S WAREHOUSE 

However, the company's management expects that the infrastructure organisation will contribute significantly to the results in 2025, a year in which turnover is expected to grow by 4%–5% compared to 2024.

For 2025, the company is evaluating new regions, on a case-by-case basis, across Greece without targeting a specific geographic location.

However, it remains focused on Attica, where most of Spar's stores are located, as it is a market that hosts 50% of the population overall. Speaking about Spar's network development plan for its corporate stores this year, Tsagaris highlighted that this year 6 outlets were opened, of which 4 in Attica, 1 in Rhodes and 1 in Crete, specifically in Heraklion.

RENOVATIONS IN THE CORPORATE NETWORK

The growth plan for next year includes the creation of 5 new points, while renovations of corporate stores that are high in the performance ranking are also on the agenda.

In fact, this year the renovation and expansion of the store in Pygada, Piraeus, were completed.