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80% Of Supermarkets In Armenia Are 'Conventional Shops'

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  • 80% Of Supermarkets In Armenia Are 'Conventional Shops'

    80% OF SUPERMARKETS IN ARMENIA ARE 'CONVENTIONAL SHOPS'

    Tert.am
    18.08.11

    A former Armenian Prime Minister Hrant Bagratyan has condemned a recent
    decision by the Yerevan Municipality to dismantle kiosks in Yerevan.

    Speaking at a news conference on Thursday, Bagratyan said that about
    80 per cent of supermarkets in Yerevan do not meet the requirements
    to be qualified as supermarkets.

    "Today, 80 per cent of supermarkets opened in Yerevan work just as
    conventional shops. There are no supermarkets there," said Bagratyan.

    In his words, it is the state that regulates the quality of
    supermarkets and shops so that to keep balance and avoid the formation
    of oligopolies.

    "Once requirements are set against supermarkets, half of them will
    close down," he explained.

    Further, Bagratyan said that whole sale trade is a tool at the hands
    of the state to curb rising prices in retail. However, "when the
    supermarkets win, become oligopolies, it again brings about inflation".

    "It is clearly regulated. There is no state that does not regulate
    that figure between whole sale and retail trade," explained Bagratyan.

    When the state sees that the supermarkets are on the increase,
    according to him, it toughens the requirements which lead to the
    closing down of some of them and keeping a balance.

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