Retail

Cyprus app to compare prices

Following the withdrawal of the Household Basket proposal in Cyprus, the Consumer Protection Agency is now promoting the preparation of a bill for the provision of a digital tool that will allow for the daily comparison of products' retail prices.

Disproportionate rise in Greek food prices

Eurostat figures show lower food inflation in Greece than the European average, but higher price increases in food that this country is self-sufficient in.

Is this yet another Greek paradox or the result of the structural problems of the Greek market and the various distortions that still exist throughout the production, distribution and marketing chain, from the field to the shelf? 

Decision to ban trucks in Athens comes at heavy cost for supermarkets

The implementation of the recent decision of the Regional Authority of Attica to ban trucks over 2 tons from 9 a.m. until 9 p.m. is estimated to signify an additional burden of 5 million euros per year for the supermarkets located within the limits of the Municipality of Athens.

Turkey presses strained retailers for price freezes ahead of elections

Turkey's unusual request that its retailers partially freeze prices ahead of elections has prompted some supermarkets and industry groups to warn they could only do so for a short period.

Finance Minister Nureddin Nebati asked clothing and shoe stores to launch their discount season well ahead of usual March after grocers had done the same.

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