E-commerce
Consumers still mostly pessimistic
Greek consumers appear pessimistic about the future of the national economy and their own personal finances, according to a survey by the Association of Business and Retail Sales of Greece (SELPE).
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December online transactions save face
Online turnover declined 11% last month compared to December 2019, according to data the Finance Ministry has collected.
In April, the full month of lockdown during the first wave of the pandemic, the decline came to 21%, so it appears that the click-and-collect system and the Christmas effect saved a part of retail turnover.
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Turkey to register record volume of e-commerce in 2020
Turkey's e-commerce volume reached 190 billion Turkish liras ($24.68 billion) by the end of 2019, and expected to hit a record by the end of this year, the chairman of the Association of E-commerce Operators said on Dec. 21.
Emre Ekmekci told Anadolu Agency that Turkey's e-commerce has shown a record growth this year with the effect of the pandemic.
Turnover increase of 20% for retailers this week
The first week after the introduction of the hybrid e-commerce model known as click-and-collect (dubbed "click-away" in Greece) saw the turnover of retail enterprises boosted by about 20% compared to the previous week. However, in this can in no way offset all of the sector's festive season losses as the lockdown does not allow for the conventional operation of brick-and-mortar stores.
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Stores to open, but only using click & collect
As expected, the government on Friday announced the opening of some retailers, albeit in what has been described as a hybrid form to pose the least possible threat to health.
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Curbside pickups no solution
According to the great majority of store owners, the "click-and-collect" option - allowing them to open during the lockdown by taking phone or online orders and with shoppers picking up their purchases outside the shop - won't make a huge impact on their turnover.
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E-shops, couriers buckling under shutdown pressure
With retail experiencing its second lockdown in a year, representatives of big chains and smaller businesses alike are insisting that stores must open as soon as possible with strict measures in place, as courier companies and e-shops are finding it increasingly difficult to meet the increased demand.
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Costs keep piling up for shops even in lockdown
Every lockdown day means the addition of more debts and the loss of any cash reserves for enterprises, as the shutdown does not mean that expenses also stop, despite measures such as the handouts, subsidies and rent reductions.
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Delivery from smart lockers
"Smart lockers" is the business idea that local startup Freshlime has successfully floated into a new network for distributing online orders.
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Startup combines e-shops with logistics
In just four months, Michalis Karypidis managed to combine electronic commerce with logistics, as he observed that amid the coronavirus pandemic, consumers want get their hands on their online orders as soon as possible.
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