TSC plus supermarket in Hamra, Thursday, Aug. 3, 2017. (The Daily Star/Hasan Shaaban)
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A Kuwait-based company has decided to close two of its TSC supermarkets in Lebanon as part of restructuring efforts, but will keep and bolster the remaining five, a company official confirmed Thursday.The giant company Sultan Center, which has chains of supermarkets in Kuwait, Jordan, Oman and Bahrain, expanded to Lebanon in 2008 after acquiring the Monoprix and Geant Casino chains of supermarkets from Admic Company for $131 million.According to the contract, Sultan Center acquired five Monoprix supermarkets, which would be named "TSC Plus," and Geant supermarkets, which would be named "TSC Mega". Unlike TSC, Spinneys and Aoun supermarkets have tremendously increased the number of branches in Lebanon.
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