Retailing
Greek supermarket sector posts rise in turnover
Greece's supermarket sector posted an increase in turnover in 2017, albeit small, marking the first annual rise since 2010, according to a survey conducted by Nielsen.
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Retail's high Christmas turnover projections reined in
Shoppers walk along Ermou Street, central Athens's main retail district, on Wednesday, as the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) dampened overoptimistic projections regarding the market's performance over the Christmas holidays.
Bulgarians will Spend an Average of BGN 235 For Presents During the Christmas Holidays
We are just a mere few days away from Christmas - the most valued holiday out of the entire year and the hysteria about shopping has begun. Overcrowded shopping malls, promising attractive rates, and huge shopping bags are an increasingly common sight in recent days. And the peak in shopping will be this weekend. Then we are expected to spend the most, Nova TV reported.
Union to stage rally at McArthurGlen Athens on Sunday
McArthurGlen Athens at Spata, eastern Attica, will be the focus of union protests this Sunday against the opening of stores on Sundays and unofficial holidays.
Stores can't open on Boxing Day
Facing the risk of a big Boxing Day row that looked set to erupt due to plans by some retail chains in Greece to open the day after Christmas, Labor Minister Effie Achtsioglou hastened on Wednesday to introduce an obligatory holiday on December 26 for all enterprises that are usually closed on Sundays. Meanwhile retailers are asking for state protection when they do open on Sundays.
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Shopping hours extended for holiday season
The Hellenic Retail Business Association (SELPE) announced on Monday that stores will remain open until 9 p.m. on weekdays and until 8 p.m. on Saturdays as of this Thursday, when Christmas opening hours come into force.
It added that retailers will also operate on the three remaining Sundays of the year from 11 a.m. to 8 p.m.
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Sales volume soars on Black Friday, with many more retailers benefiting
Enterprises saw turnover grow up to sixfold in some cases on Black Friday, November 24, compared with the previous Friday, as sales were more than twice the average daily rate, according to data collected by Qivos.
Scandinavian Bazaar | Athens | December 1-2
The Scandinavian Church is holding a Christmas bazaar on December 1-2, with lots of Nordic food, including sweets and chocolates, as well as Christmas decorations, handicrafts and gift items. There will also be a raffle with exciting prizes. Opening hours are noon to 9 p.m. on Friday and noon to 8 p.m. on Saturday.
Scandinavian Church, 18 Daidalou, Plaka,
tel 210.451.6564
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Americans Spent USD 7.9 Billion Online During Black Friday
Americans set a record for purchases on Thursday and Friday, buying goods and services for a total of USD 7.9 billion, according to mediapool.
Internet sales during this year's Black Friday are 17.9% more than last year, according to Addaub Digital Insight data. The company monitors sales information in the 100 largest online stores in the United States, quoted by Reuters.
US Black Friday, Thanksgiving online sales reach record high
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.