The Sklavenitis Group is shifting its strategy in Paros, where it is proceeding with the acquisition of two stores, thereby strengthening its presence in one of the country’s most dynamic tourist destinations.
These specific stores, which are already undergoing renovation, are now coming under the group’s direct control, as until now they had been operating under a franchise model and under the chain’s brand.
According to informed sources, the acquisition of these two stores is linked to the current owner’s intention to divest, and they are now being integrated into the core of the chain’s network.
This specific agreement does not alter the group’s size or position in the domestic market. However, it serves as an indicative example of the broader trend emerging in the sector: targeted acquisitions of smaller retail outlets in areas with strong seasonal demand and high returns.
Paros, with strong tourism growth and an expanding peak season, is a prime example of such a market.
Strengthening their presence in island destinations allows large chains to capitalize on summer consumption while simultaneously penetrating local markets traditionally controlled by smaller players.
Unlike other major market players, Sklavenitis continues to focus primarily on the model of company-owned or directly controlled stores, and less on expansion through franchising.
However, recent moves by competitors suggest that high-profile stores in prime locations are being brought under the official corporate umbrella of the chains.