Merchandising
Turkish retailers go online amid outbreak
Consumers have increasingly moved shopping to online platforms in the wake of the coronavirus outbreak which is also forcing Turkey's retailers to adapt to this new trend.
The country has introduced a series measures and restrictions to curb the spread of the virus, including the closure of shopping malls and non-essential stores.
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Retail sales volume up 10.6 pct in February
Retail sales volume with constant prices in the Turkish economy jumped 10.6 percent year-on-year in February, according to official figures released on April 13.
During the month, the highest annual hike was seen in non-food sales -- except automotive fuel -- with 14.7 percent, the Turkish Statistical Institute (TÜİK) stated.
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Supermarkets playing catch-up
Greek supermarkets are trying to handle the sudden jump in demand at their online stores through cooperations with courier companies, online food order and delivery platforms, and even Uber. This is in a period when their physical stores have also come under great pressure due to panic buying amid the coronavirus outbreak, especially last month.
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Greek e-stores inundated with orders
The penetration of e-stores in Greece has soared in the last year, with the share of the population that has shopped online rising from 21 percent at the end of 2019 to 44 percent in late March and early April - i.e.
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E-stores are inundated with orders
The penetration of e-stores in Greece has soared in the last year, with the share of the population that has shopped online rising from 21 percent at the end of 2019 to 44 percent in late March and early April - i.e.
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E-shops struggle with demand
The electronic commerce sector in Greece has proven unable to respond to the extraordinary conditions created by the measures put in place to curb the Covid-19 epidemic.
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Greek January retail sales rise 8.4 pct, led by furniture, appliances
Greek retail sales by volume rose 8.4 percent in January compared to the same month a year earlier after an upwardly revised 0.6 percent increase in December, statistics service ELSTAT said on Tuesday.
Retail sales were led higher by furniture, electrical appliances, apparel, footwear, cosmetics and pharmaceuticals, the data showed.
H&M to close stores, including some in Greece, due to virus
H&M, the world's second-biggest fashion retailer, said on Monday it was evaluating all its activities and temporarily closing stores in 12 more markets due to the coronavirus as it reported a 24 percent quarterly sales slump in China.
Stricter rules at supermarkets to be enforced from Monday
As of Monday, supermarkets across Greece are to start restricting the number of customers allowed inside a shop at any given time, in line with new, stricter regulations issued by the government to curb the spread of the coronavirus.
E-supermarket struggle with demand surge
Online supermarkets are currently so inundated with orders that deliveries can take up to a week.
As e-supermarket visitor numbers were low - albeit growing - before the coronavirus epidemic hit, most didn't have the necessary infrastructure to deal with a threefold increase in orders in just a few days. The demand for storage space and delivery vehicles has shot up.
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