"Carrefour" Returns to Bulgaria
French retail giant "Carrefour" is set to re-establish its presence in Bulgaria, unveiling plans for a significant return through a partnership with Greek franchisee "Retail & More"
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The largest shopping center in Bulgaria known as ‘The Mall’ was inaugurated in Sofia Tuesday night.
The Mall is located at 115 Tsarigradsko Shose, one of the major Sofia boulevards. Its 66 000 square meters of commercial space make it the largest shopping center in the country.
The Mall, which features 185 stores of top Bulgarian and global brands, restaurants, a parking lot with 2 800 spaces, the first Carrefour hypermarket in Sofia, and an ‘Arena’ cinema complex, was opened by Bulgarian Prime Minister Boyko Borisov and Sofia Mayor Yordanka Fandakova.
The opening was attended by representatives of the Restis family from Greece, which is the owner of ‘The Mall’ through its international real estate private equity group Assos Capital Ltd. High-ranking executives of the Garrefour Group and the Marinopoulos Group were also among the guests.
The new shopping center was formally opened for clients on Wednesday, April 21, 2010. According to the owners, The Mall is aimed at offering “a new lifestyle to a wide range of consumers – from teenagers and yuppies to family couples with kids and elderly people.”
Sofia’s newest mall has created a total of 1 500 new jobs; 400 of these are at store of Carrefour, the largest retailer in Europe and the second largest in the world.
The Carrefour hypermarket at The Mall is the chain’s first in the Bulgarian capital Sofia, and the largest Carrefour store in Bulgaria. It is located on an area of 9 000 square meters, and offers over 50 000 products.
The new shopping and entertainment center also has an Arena Cinema Complex with 10 halls and a total of 1 800 seats, a bowling center, and a gym,
Its restaurants and fast-food establishments include Fancy, Archiv, Nordsee, Burger King, KFC, BMS, Subway, Afreddo, Patafritas, Gyros and Olive Oil & Oregano, Kate, Due Cavalieri, Starbucks, Lavazza, Caffeine, Flo Café, and Fashion Victims.
The top global fashion and cosmetics brands represented at The Mall include Zara, Massimo Dutti, Bershka, Stradivarius, Pull and Bear, Peek&Cloppenburg, GAP, HUMANIC, Sephora, Douglas, New Yorker; Marks & Spencer, Esprit, Nike, Adidas, Etam, Seven Seconds, Palmers, Benetton, Motivi, Elizabeth, Puma, Terranova, Oviesse, Calliope, Andrew’s man, Mexx, Guess, Capasca, Sisley, Camel, Deichmann, Furla, Max Mara, Geox, Lacoste, Marlboro Classic, Playlife, Intersport. It also features electronics stores such as Technopolis, Multirama, Orange, Inmedio.
The Mall is located on six levels, three of which are underground. It has been designed by architect Ilian Iliev from ‘Planning Studio’, the construction was carried out by the GEK TERNA Group, and the property is managed by Colliers International Bulgaria.
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