Marketing strategy
Survey: Citizens prefer discount markets more
While household consumption expenditures were affected by the increase in prices, one of the solutions that citizens resorted to was to use discount markets more, with their share in households' grocery expenditures increasing more than 3 percent in 2022, according to a survey conducted by Ipsos.
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Hard discount retailer Şok freezes prices on 1,000 items
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Şok, one of Türkiye's largest hard discount retailers, will freeze prices on 1,000 items, including staple products such as rice, flour, vegetable oil, sugar and tear, until the end of January.
If other supermarkets follow suit, such a move is likely to have a positive impact on the inflation outlook, according to a consumers' association.
Winter sales to start next week
Winter sales will begin on Monday, January 9 and will run until February 28, the Association of Retail Enterprises (SELPE) has announced.
It also said that on the first Sunday of the winter sales, on January 15, commercial stores will have the option of operating from 11 a.m. to 8.p.m.
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Türkiye eyes more foreign shoppers
The Culture and Tourism Ministry will work on new strategies for boosting tourism in Türkiye via ad campaigns and promotional videos centered on attracting foreign shoppers to the country, says Sinan Öncel, chair of the United Brands' Association (BMD).
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Business plan: a vision for your business
Planning for the future is a virtue of successful people and successful companies. It represents proactive and responsible behavior, which does not depend only on external factors, but creates its own path, in harmony with the external environment. Some entrepreneurs run businesses intuitively, and there is nothing wrong with that, if they are choosing the best solutions this way.
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The Business Climate in Bulgaria is Deteriorating, Retail is Suffering the Most
The economic attitudes of the companies in the country are deteriorating for the sixth consecutive month. The general indicator for the business climate in November decreased by 2.2 points compared to October and reached 13.6 points according to NSI surveys. Estimates of the business environment are declining most dramatically in retail trade - 8.4 points down from last month.
Turkey's retail sales volume jumps 16% in September
Turkey's retail sales volume, a marker of growing consumer spending, surged 16% in September compared to the same month last year, the country's statistical authority said on Nov. 12.
Non-food sales- excluding automotive fuel- jumped 24.2%, while automotive sales climbed 7.4% year-on-year in September, the Turkish Statistical Institute (TÜİK) said.
Wholesale and retail sees 5.7% drop in sales in 2020
Ljubljana – Turnover from the sale of goods in Slovenia declined in both wholesale and retail trade in 2020. It totalled EUR 26.2 billion, down 5.7% on 2019. Due to the lower mobility of the population, fuel sales revenue fell markedly, according to the Statistics Office.
NSI Poll: Business Climate in Bulgaria Shows Slight Improvement
A regular monthly poll by the National Statistical Institute has found that managers saw the business climate in Bulgaria in April largely unchanged compared with March.
The monthly polls earlier this year had seen slight improvements in the business climate in Bulgaria, after the indicator plunged in the first half of 2020 against the background of the Covid-19 pandemic.
Covid-19 lockdown – Decisions on re-opening expected on Wednesday or Thursday
Proposals include the opening of education and retail under conditions