Greek retailer Jumbo Group has demonstrated remarkable resilience, posting a 6% year-on-year sales increase in November 2025 despite operating against a strong performance benchmark from the previous year.
Robust Performance In High-Pressure Months
The company’s performance over the January–November period, with growth climbing close to 8%, confirms that Jumbo’s momentum remains strong as it approaches the sector’s critical final weeks. Historically, November and December are peak months for retail, where full capacity and daily turnover are key determinants of annual performance.
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Expanding Global Footprint Through Strategic Franchise Partnerships
Jumbo Group has reinforced its international presence by deepening ties with local franchise partners. The November inauguration of its fourth store in Israel underscores the confidence in the brand, while plans announced by the Fox Group—the franchise rights holder for Israel and Canada—include adding another five to six stores in Israel during 2026 and launching three stores in Ontario next year, contingent on favorable market conditions.
Navigating Supply Chain Challenges Amid Unrest
Amid ongoing farmers’ protests, concerns have emerged over potential disruptions to supply chains, particularly delays at customs, road networks, and ports. Such challenges could adversely affect domestic replenishments and export flows, impacting overall economic activity. In response, the group has urged the state to maintain stability and ensure the smooth operation of the country during this precarious period.
Regional Growth Performance
Performance by market continues to be robust. In Greece, net sales—excluding intragroup transactions—rose by approximately 6% in November, with an annual growth of around 9% over the first eleven months. In Cyprus, November figures advanced by about 3%, reaching roughly 8% year-to-date. Bulgaria, which capitalized on online sales through e-jumbo.bg, saw an 8% increase in November, though the year-to-date growth remains at 4%. Romania, incorporating online activity, noted a 6% rise in November, with an overall annual increase nearing 5%.
