Merchandising

Jumbo sales rise 7.6 pct in H2 2018

Toy and homeware retailer Jumbo on Tuesday reported group sales of 476.7 million euros in the July-December 2018 period, up 7.6 percent on the same period in 2017.

This was mainly thanks to the 30 percent jump in sales in Romania and the 9 percent increase in Bulgaria, while sales rose 1 percent in Greece and 2 percent in Cyprus.

Official statistics: Jan - Nov 2018 turnover of motor vehicle, motorcycle trade up 6.7 pct YoY

The turnover of wholesale and retail trade in motor vehicles and motorcycles over January - November 2018 was 6.7 percent higher YoY expressed as raw series, while the turnover for market services provided to the population in the same period was up 5.9 pct as raw series, shows data released on Tuesday by the National Institute of Statistics (INS).

NSI: Industrial Production in Bulgaria up 0.4% MoM in November

In November 2018, the industrial production index rose by 0.4% month-on-month and by 1.2% compared to November 2017, the National Statistical Institute (NSI)said. On annual basis, manufacturing production grew by 2%, while a decrease was registered in power, gas, steam and air conditioning supply and in the mining and quarrying industry, by 3.9% and 2.6%, respectively.

Greek e-shops earn greater market share

Homegrown online shops are gaining ground in Greece, as 85 percent of consumers in the country use them for the vast majority of their online purchases, according to a survey by the E-Business Research Center of the Athens University for Economics and Business (ELTRUN) and the Association of Business and Retail Sales in Greece (SELPE).

Mid-season sales start Thursday, some stores open Sunday

The mid-season autumn sales begun on Thursday and will end on November 10, according to the country's retail associations.

Shops may also optionally open on Sunday, November 4, from 11 a.m. to 6 p.m.

During the sales, shops must display both the new price and the old price of items, as well as advertising and displaying the percentage discount given on items. 

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