Retail trade turnover, except of motor vehicles and motorcycles sales increased, in the first four months of the year, by 6.5 percent, as compared to the similar interval in 2017, following the positive results especially recorded in the trade with food products, beverages and tobacco, with non-food products, respectively, show data with the National Institute of Statistics (INS), released on T
Small and medium-sized retail traders are none too pleased with their stores' turnover during the spring sales that ended on Tuesday. The view is very different among retail chains, with market professionals saying their takings posted an increase, while the first four months of the year were seen to have been positive for the entire retail market.
The turnover of retail trade (except for the trade in vehicles and motorcycles) dropped in January 2018 compared to the previous month, both as gross series, by 25.3 percent, and as series adjusted by the number of working days and seasonality by 0.9 percent, according to data from the National Institute of Statistics (INS), released on Monday.
The winter sales began Monday, with thousands of shoppers taking to Ermou Street, central Athens's main commercial strip, in search of bargains. The sales run through February 28. Retailers are obliged by law to display items' presale prices alongside their sale prices. The Hellenic Confederation of Commerce and Entrepreneurship (ESEE) warned of fines for those who do not do so. [ANA-MPA]
So, you want to start a retail business? Perhaps you've cottoned on to the success of online sellers and want to start your own e-commerce site, or maybe you've always dreamt of owning your own store? Whatever your reasons, the dream of starting a retail business can soon become a reality, but it is a tough market to crack.
The head of a Turkish association of hundreds of retail firms called on the government on Nov. 27 to halve value added tax on store rents to help retailers hit by the lira’s recent fall to record lows.
Black Friday and Thanksgiving online sales in the United States surged to record highs as shoppers bagged deep discounts and bought more on their mobile devices, heralding a promising start to the key holiday season, according to retail analytics firms.