D. Masoutis SA – Leading presence in Corfu with more than twice as many stores as the competition

On Saturday, April 20, 2024, the opening of the new, renovated and larger store of D. Masoutis in Corfu, which is located at 1The km of Lefkimmi National Road, extends in total to 1,600 sq.m. and employs 30 workers.

THE leading presence of D. Masoutis in Corfu is captured with the operation of 18 stores in key parts of the island, more than double the number of the competition’s stores, with a turnover amounting to approximately 4% of the total turnover. Throughout time, D. Masoutis invests in the development of the Region, strengthening its dynamics through organic expansion of her presence, a fact that is fully consistent with her philosophy for her presence in as many points as possible with stores that stand out for the upgraded shopping experience they offer to consumers. It is worth mentioning that in Corfu, the company employs a total of 314 workerscontributing substantially to the local economy, maintaining unchanged the family character that is one of the basic values ​​of D.Masoutis.

With its eyes fixed on the Region which is at the center of the company’s development strategy from its foundation until today, D. Masoutis SA. has established its presence through organic growth in Southern Greece, the Aegean and the Ionian. Specifically, the development plan of D. Masoutis for 2024 concerns investments of €25 million for new stores, including in Treis Gefyres, Nea Smyrni and Chalkida, as well as for the renovation of another 15 stores, of which 12 in the Region and 3 in Athens.

D. Masoutis has traveled 48 years of successful course always focusing on the consumer and their needs, showing strong growth at a rate multiple of the market average and a market share of 10% and creating new jobs, while supporting local producers and local societies and carrying out actions with a strong social and environmental footprint.