Merchandising

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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 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. 

'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.

The jump in inflation compared to last year has brought significant changes in the behavior of Greek consumers.

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).

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.

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.

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.

Nearly 56 per cent of Bulgarians never shop online, according to a nationally representative poll conducted by the Trend agency between July 16 and 22 among 1,007 Bulgarians aged 18 or over. Its findings were presented at BTA's National Press Club on Monday at a joint news conference with Bosch Home Appliance Group Bulgaria

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.