Economy, Domestic Economy
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Chain Stores Hold 5% Share in Iran Retailing

Chain Stores Hold 5% Share in Iran RetailingChain Stores Hold 5% Share in Iran Retailing

Iranian chain stores have a 5% share in the retailing of goods across the country, a deputy minister of industries, mining and trade. “There are close to 1.8 million retail outlets operating across the country, that is one for every 44 Iranians, which is not enough. The solution is to build more big shopping centers,” IRNA quoted Mojtaba Khosrotaj as saying. According to the head of the National Association of Chain Stores, Amir Khosro Fakhrian, some 20,000 people are currently employed in the 2,000 chain stores operating in Iran.

Financialtribune.com