Public and MediaMarkt form biggest omnichannel retailer in Greece and Cyprus

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Public and MediaMarkt form biggest omnichannel retailer in Greece and CyprusThe new company, with a turnover of more than 460 million euros in 2019, will operate a network of 67 stores and four online stores

Public and MediaMarkt on Monday began the implementation of an agreement to create a new, joint retail commerce company, the largest retailer of technology, entertainment, culture and home appliances in Greece, in a deal that will transform the country’s electric and electronic items sector, according to ANA.

The partnership will safeguard and further boost MediaMarkt’s presence in Greece and will preserve several job positions in the retail sector. The new company will also significantly benefit suppliers.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Heidas

 

 

 

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