Shopping sale days to bring 60 billion Turkish Lira boon to retail industry

November's shopping spree is expected to boost the sales of both physical and online retailers by as much as 60 billion Turkish Liras (around $6.2 billion).

Retailers are keenly waiting for the Singles' Day on Nov. 11, the "Legendary Friday" on Nov. 26 and the Cyber Monday on Nov. 29.

Legendary Friday is the Turkish equivalent of Black Friday.

Yemeksepeti co-founder steps down as CEO

Nevzat Aydın, the co-founder and CEO of Turkish online food delivery application Yemeksepeti, announced yesterday that he is stepping down after staying at the helm of the company for two decades.

"It's now time to leave my post as CEO at Yemeksepeti to a young and new viewpoint," he said on Twitter, adding that he will spend more time with his family and focus on philanthropy.

Ξεκινούν τη Δευτέρα οι φθινοπωρινές εκπτώσεις - Ποιες Κυριακές θα είναι ανοιχτά τα καταστήματα

Φθινοπωρινές εκπτώσεις 2021: Πότε «πέφτουν» Black Friday και Cyber Monday

Chinese white goods producer invests 85 mln euros in Turkey’s Eskişehir

China-based home appliances producer Haier has established a factory in the Central Anatolian province of Eskişehir, Haier Europe CEO Yannick Fierling said in a press meeting on Oct. 24.

The total of the investment will rise from its initial level of 40 million euros to 85 million euros next year to create 1,600 jobs., the company executives said.

In Central Europe, Concern over Toll, Fairness of Amazon Algorithms

So when Amazon set up shop on the outskirts of the capital, Prague, in 2015, many Most residents rushed to apply; the hourly pay rate of 6.5 euros, Amazon's willingness to overlook bad credit when hiring and the offer of free transport to and from work was compensation enough for the 160-kilometre round trip each day. Máková, 53, joined in 2017.