Black Friday

Retail sales volume fell 5.2% in November 2023 in the Greece, with sales falling across the majority of store categories in the month, the Hellenic Statistical Authority (ELSTAT) said on Wednesday.

'Black Friday', the next retail sales, will take place on November 25 this year and will include major offers, market representatives said, who also welcomed the end of the interim sales that used to take place in the beginning of November.

Americans returned to stores for the "Black Friday" kickoff of the holiday shopping season, but online data shows that consumers have been spending big for weeks amid worries over shortages.

Thousands of Iranians have flocked to the eastern province of Van to benefit from discounts amid the Black Friday shopping days that started on Nov. 26 and will last until the weekend.

Causing a "Black Friday crowd" at the Kapıköy Customs Gate in the province's Saray district, many Iranians filled shopping centers and shops in the city.

In November 2020, Google search interest for the term “Black Friday” fell almost 40 percent short of the 2019 level

Conversely, commercial companies count on both Black Friday and Cyber ​​Monday, escalating their communication policy with tempting offers on products that reach up to 80%.

November's shopping spree is expected to boost the sales of both physical and online retailers by as much as 60 billion Turkish Liras (around $6.2 billion).

Retailers are keenly waiting for the Singles' Day on Nov. 11, the "Legendary Friday" on Nov. 26 and the Cyber Monday on Nov. 29.

Legendary Friday is the Turkish equivalent of Black Friday.

Φθινοπωρινές εκπτώσεις 2021: Πότε «πέφτουν» Black Friday και Cyber Monday

The retail market is particularly unhappy with the third lockdown that begins Thursday in Attica, stressing that neither the full closure of the market since November nor the partial reopening of stores afterward proved efficient against the pandemic and the recession.

Consumer suspicions that this year's Black Friday offers didn't offer much in the way of bargains have been confirmed by data compiled by online commerce platform Skroutz, as just 8.32% of the products sold during the sales period last month had a discount of more than 10%.