Arzenal to split from Real supermarket chain - website
Supermarket company Arzenal plans to split off from the chain Real and launch its own brand in Hungary, gazdasag.hu said.
Arzenal, which generates more than one-third of Real stores’ revenue, has already agreed on the conditions of the split, gazdasag.hu said.
Arzenal employs about 900 people and has two logistics bases with a combined area of 25,000sqm. It has 300 business partners, including 240 franchise partners.
After the split, Arzenal will be the fourth-biggest Hungarian-owned supermarket chain.
ADVERTISEMENT
Duna House Profit Rise 36% y.o.y.
Parl't Approves Amendments to Legislation on Judiciary
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
