Chain Stores Have 9% Share in Iran’s Retail Market
Chain Stores Have 9% Share in Iran’s Retail Market

Chain Stores Have 9% Share in Iran’s Retail Market

Chain Stores Have 9% Share in Iran’s Retail Market

Iranian chain stores have a 120-trillion-rial ($3.2 billion) share of the country’s 1.3-quadrillion-rial ($34.6 billion) retail market, the head of National Union of Chain Stores, Amir Khosro Fakhrian, said.
The current 9.2% share has been steadily on the rise in recent years, as it stood at 3% five years ago and increased to 7% in the last Iranian year (March 2016-17).
“There are 10 direct jobs for each 200 meters of a chain store in Iran,” he said, adding that 25,000 people are now working in Iranian chain stores, IRNA reported.
Close to 1.8 million retail outlets are operating across the country, that is one for every 44 Iranians.
The National Union of Chain Stores was founded in the last Iranian year (ended March 20, 2017), as more companies are exploring ways and means of building big shopping centers.
The union is in charge of issuing licenses for chain stores, besides supervising their activities.


Short URL : https://goo.gl/o28cVh
  1. https://goo.gl/Q2VT2Q
  • https://goo.gl/6vgXkp
  • https://goo.gl/XpFXiS
  • https://goo.gl/wgMPBT
  • https://goo.gl/JoV1VM

You can also read ...

US Won’t Block  European Trade  With Iran
US Secretary of State Rex Tillerson said the Trump...
A delegation headed by First Vice President Eshaq Jahangiri was in Ankara on Thursday and reached several deals.
Following several rounds of negotiations between Iranian and...
All SP Gas Field Phases to Be in Full Swing by March 2019
The South Pars mega project has registered a work-in-progress...
Evaluating Economic Impact of Shifting Iran-KRG Relations
Iran and the Iraqi Kurdistan Regional Government have...
Iran’s Red Meat Output Meets 90% of Demand
A glance at Iran’s meat packing industry shows red meat...
Russia Grain Exports to Iran Reach 220K Tons
Over the first nine months of 2017, exports of Russian wheat,...
Armenia Export Growth in Iran Tops 11%
Armenia has recorded an unprecedented growth in exports to...
Tehran Forex Market Experiencing Steady Days
After the recent rally that considerably pushed up the value...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.