CTC to open 20 SPAR supermarkets

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CTC to open 20 SPAR supermarkets
 © BusinessMail 2017
By Stelios Orphanides

Ermes Deparment Stores Plc, a member of the Cyprus Trading Corporation Plc Group (CTC) said it has entered a partnership with the Dutch retail group SPAR International to open 20 supermarkets in Cyprus over the next five years.

“The first SPAR stores to open in Cyprus are planned for Q1 (first quarter of) 2018 with a target of opening of more than 20 SPAR supermarkets over the coming five years,” Ermes said in a statement on the website of the Cyprus Stock Exchange on Tuesday. “The stores will be both independent retailer conversions to the SPAR brand and new...


CTC to open 20 SPAR supermarkets


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