Retail

Nearly 1,4000 supermarkets operated by the Agricultural Credit Cooperatives on Aug. 15 began to offer more than 30 items, at discounted prices.

Those items include, meat, poultry, flour, sugar, rice, onions, sunflower seed oil, liquid soaps and paper towels as well as some fruits.

British retail sales by volume dropped in May as soaring inflation caused consumers to limit spending, especially on food, official data showed on June 24.

Sales fell 0.5 percent compared with a rise of 0.4 percent in April, the Office for National Statistics (ONS) said.
April's data was sharply revised lower after an initial estimate showed retail sales had jumped 1.4 percent.

Volumes in Central and Eastern Europe at the end of 2022 may exceed 12 billion euros, but the uncertainty caused by the war in Ukraine and the oncoming economic winds may affect this forecast, reveals the latest report by Colliers.

A combination of Eid al-Fitr and Mother's Day has led to an increase in retail sales, according to sector representatives.

The demand for Mother's Day shopping, to be marked on May 9, has come at a time when people already have started shopping for Eid, which will take place on May 2-4 at the end of the Muslim holy month of Ramadan.

The sanctions imposed on Russia after its attempted invasion of Ukraine have mobilized Russian retailers.

CarrefourSA, one of Turkey's largest retailers, plans to add 300 new outlets to its vast network of supermarkets this year.

"Some 250 of the stores will open under the franchising system. In 2022, already 80 such stores were launched by March," said Kutay Kartallığoğlu, the general manager of CarrefourSA.

The "Elpida" severe weather front but also reduced demand, especially in the first 15 days of the year, "froze" supermarket sales in January.

According to the latest NielsenIQ measurements, sales in value at organized food retail in January this year showed a negative trend at -3.4%, compared to January 2021.

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.