PRESS RELEASE ERA DEPARTMENT STORES
Statement from the Management of ERA Department Stores on the Passing of Founder Nikos K. Shacolas Nicosia, July 2, 2026 With deep respect for the brand’s history and heritage, the ownership, the Management, and the staff of ERA Department Stores bid farewell to their visionary founder, Nikos K. Shacolas, who has passed away at the age of 98. Nikos K. Shacolas was the pioneer who forever changed the landscape of Cypriot retail, laying the foundations of ERA. The Politikos family and the Management of ERA, having successfully assumed the succession and future of the department stores, extend their heartfelt condolences to the Shacolas family. We stand committed to continuing the brand’s journey with the same dedication to excellence and innovation, leading ERA into its new era.
Statement from the Management of ERA Department Stores on the Passing of Founder Nikos K. Shacolas
Nicosia, July 2, 2026 With deep respect for the brand’s history and heritage, the ownership, the Management, and the staff of ERA Department Stores bid farewell to their visionary founder, Nikos K. Shacolas, who has passed away at the age of 98.
Nikos K. Shacolas was the pioneer who forever changed the landscape of Cypriot retail, laying the foundations of ERA.
The Politikos family and the Management of ERA, having successfully assumed the succession and future of the department stores, extend their heartfelt condolences to the Shacolas family. We stand committed to continuing the brand’s journey with the same dedication to excellence and innovation, leading ERA into its new era.
