Chain stores’ stake of Iranian retail sector to increase 20% by 2021

January 29, 2017 - 9:31

TEHRAN- The share of chain stores in Iranian retail sector is planned to hike to 20 percent by the end of the Sixth Five-Year National Development Plan (2021), IRNA quoted a trade official in Iranian Industry Ministry as saying.

According to Abbas Tabesh, domestic chain stores currently possess an eight-percent share from the total Iranian retail sector.

At the present time, chain stores have some 2,000 branches and 60 companies across the country, he added.

HJ/MA