HAYKAKAN ZHAMANAK: OLIGARCHS’ SUPERMARKETS PUT END TO SHOPS

tert.am
17.10.12

Fifty-five of Yerevan 180 supermarkets are owned by seven companies.

The STAR chain has 30 supermarkets, with the Yerevan City chain
reporting the highest sales.

A survey conducted by MPG LLC, the official and exclusive partner of
the world-renowned research company GALLUP International Association,
showed that 73.4% of Armenian consumers make purchases at supermarkets.

This is a clear proof that supermarkets, which are mostly owned by
oligarchs, have swept away shops.