Jumbo

A Greek advert that features a middle age gay couple has become viral in a country which still lags well behind on social acceptance of gay and lesbian couples. The advert; believed to be the first of its kind screened...

Large Greek retail chains see a great window of opportunity in Romania where consumer incomes are increasing while value added tax in food and other goods is dropping. According to a Kathimerini newspaper report, Greek retail giants Jumbo, Sarantis, Folli...

The family of Apostolos Vakakis, owner of Greek toy store retailer “Jumbo,” whose son was involved in the fatal car crash that killed four people on the Athens-Lamia national highway last Sunday said they are trying to live with...

Across the board retail sales are registering new record lows in Greece according to the latest data released by the retail commerce sector. According to the data ekathimerini.com recently published, everything from electronic stores to clothing stores are struggling to make...

New dramatic free fall recorded the Athens Stock Exchange (ASE), which sank to a new year low, amid the worsening climate in the markets due to political uncertainty, while the Greek 10-year bond recorded a worrying increase over 9%. The...

Jumbo, a leading Greek toy retail company, operating 53 stores in Greece and 14 stores in Cyprus, Bulgaria and Romania, has announced that its turnover for the first quarter showed an 11% increase. Jumbo stated that its strong growth in Bulgaria and...

Despite the dire economic conditions prevailing in the country, some Greek companies were able to withstand the crisis and maintain or even increase their profit. ICAP Group presented the 500 most profitable companies in Greece, based on their published accounts...

According to Kathimerini newspaper, three Greek companies, Jumbo, Folli Follie and Fourlis, remained unaffected by the six-year recession, planning to open new stores in the Balkans. Folli Follie group has a long standing presence in the Romanian market, in the wholesale...

Greek toy retailer Jumbo is preparing for expansion into Romania, where it plans to open eight stores by 2016, according to the company. Jumbo hopes to achieve a sales level of some EUR 37 million in 2016. The company...