The end of an iconic store: The first Zara gives way to a supermarket
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The end of an iconic store: The first Zara gives way to a supermarket

Zara's first store in La Coruna, opened on May 9, 1975, is permanently closed and in place will operate a Dia chain supermarket. The historic store of 300 square meters, founded by Amancio Ortega, no longer responded to the modern Inditex strategy. The company records an upward trend of 40 billion euros in 2025 and implements a restructuring plan with fewer but larger stores. The 11 workers were moved to other places, while Zara now operates a new 2,000-square-metre store in the same town.

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The rise and fall of «Marinopoulos»
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The rise and fall of «Marinopoulos»

The Marinopoulos family dominated the Greek retail trade and pharmaceutical industry for decades. It began in 1893 with a pharmacy in Solon, while in 1949 FAMAR was founded. In 1962 he opened the first supermarket in Kolonaki. Dimitris Marinopoulos was president of BSE in 1966-1970 and 1974-1978. The family brought to Greece Marks & Spencer (1990), Gap (2008) and Starbucks. In June 2016 the chain went bankrupt with debts of more than 1 billion euros due to overborrowing, incorrect handling and family disputes. The network passed to Slavenis, and recently lost Starbucks.

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