Greek retailer Jumbo's sales hit by COVID-19 curbs in Bulgaria, Romania

Jumbo SA

04/11/2021 10:05

ATHENS, Nov 4 (Reuters) - Greek retailer Jumbo  BABr.AT  saw
revenues rise by a marginal 0.6% annual rate in October as
COVID-19 curbs drove a double-digit percentage fall in Bulgaria
and Romania, it said on Thursday.
    The group, which operates 52 stores in Greece and 28 in
Romania, Bulgaria and Cyprus, said sales dropped 23% in
Bulgaria.
    A rise in COVID-19 infections forced authorities to impose
restrictions on the number of people allowed to access retail
outlets in the Balkan country, Jumbo said, adding that current
trends pointed to a sales drop of possibly more than 50% in
November.
    In Romania, sales dropped by 1.6% last month.
    Bulgaria and Romania are the European Union's least
vaccinated countries and are grappling with a fourth wave of the
pandemic.  urn:newsml:reuters.com:*:nL1N2RN05P  urn:newsml:reuters.com:*:nL8N2RM38A

 (Reporting by Angeliki Koutantou; Editing by Nick Macfie)
 ((angeliki.koutantou@thomsonreuters.com; +30 2102214608;
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))