Russian hard discounter banner Mere will open three stores in Greece this month, with outlets opening in Larissa, Tripoli and Lagada with two more to follow in the near future. The website Capital.gr, which broke the story, says Svetofor’s plans call for 80 stores in Greece by the end of the year. The retailer is currently in aggressive expansion mode, believing the impending economic downturn across Europe will boost consumer demand for its bare-bones, zero-fresh limited assortment model.

Source: Capital.gr