Waitrose chain pulls out of Bahrain
"Despite strong customer loyalty to the brand, the sales required for sustainable business were not achieved," said communications manager Colette Shannon from Supa Save Bahrain, which runs Bahrain's Waitrose shops under franchise. "As such, Supa Save Bahrain has made their decision to exit the market and is in discussion with several interested parties to take over the stores.
"We want to know what the next move is. Before Waitrose came here, it was Jawad and a few weeks ago, there was talk of Geant taking over. But we don't have any idea. It's only rumours - that's all the staff have heard."
Geant officials were unavailable to comment on the hypermarket's possible takeover. Managers of The Walk, Riffa and The Lagoon, Amwaj Islands could also not be reached for comment. – TradeArabia News Service
Source: tradearabia.com
