Expert: Opening Of Carrefour Hypermarket Will Boost Competition

EXPERT: OPENING OF CARREFOUR HYPERMARKET WILL BOOST COMPETITION

May 22, 2014 | 14:18

YEREVAN. – The Carrefour trade chain has the best modern equipment and
is second in the world in terms of quality and affordability, Armenian
Consumers’ Association Chairman Armen Poghosyan told reporters.

The Armenian consumers will benefit from Carrefour opening, Poghosyan
said, at the same time noting impact on small and medium stores.

“I am inclined to assess Carrefour opening as a positive event, as
France and Armenia are friendly states, and French investments will
lead to positive results,” he assured.

Activities of Carrefour will promote competition, and competition
always leads to cheaper prices, Poghosyan added.

An initial lease agreement between Yerevan Mall and the world-renowned
French Carrefour hypermarket chain was signed during French President’s
visit to Armenia.

News from Armenia – NEWS.am

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