Retailing
Commission for Consumer Protection: Let's Not Go Hysterical over Black Friday Sales
Traders cheat us with discount rates, watch out for prices, advises CPC chairman
Controlling the market on the eve of Black Friday, we are monitoring online trading first and foremost, as it has seen a turbulent rise in recent months, Chairman of the Consumer Protection Commission Dimitar Margaritov explained on the Bulgarian National Radio (BNR).
Mercator group’s net loss at EUR 69m in first nine months
Ljubljana – The retail group Mercator saw its sales revenue rise by 2.1% to EUR 1.6 billion in the first nine months compared to the same period last year, but the group operated with a net loss, which climbed to EUR 69m, shows a report released on Thursday.
The Evergrowing Hunt for Black Friday Deals (infographic)
The rise of e-commerce has helped the concept of Black Friday discounts become a global phenomenon over the past decade
Greeks buying Christmas decorations online in record numbers
E-stores are enjoying another peak during this second lockdown. This coincides with the fall sales and the runup to Black Friday - an event which has spread well beyond the Friday in question that marks the launch of the Christmas shopping season.
Competition to replace use of plastics
Through the first innovation event under the name "SUP Free Hackathon," Lidl Hellas and the A.C. Laskaridis Charitable Foundation are seeking new technological solutions to replace some of the single-use plastics (SUP) that next year must be withdrawn.
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IKEA set to open ‘urban’ store in Piraeus
Popular Swedish furniture and houseware retailer IKEA is set to open an "urban concept store" in downtown Piraeus, following the success two years ago of a pop-up store opened in the Greek port city.
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Retail chains pushing for renegotiation of lease deals
The commercial property market is bracing for recessionary phenomena in the coming months that will be reminiscent of the 2012-13 slump, as chains and stores are struggling to stay afloat.
Electronic commerce skyrockets in April
Online commerce recorded an even higher growth rate in April than in March, as consumers continued to shop from e-stores - and not just for food and pharmaceuticals - as almost all conventional retail stores were shuttered by government order.
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Stores selling clothes, cosmetics, home appliances reopening on May 11
Deputy Development and Investments Minister Nikos Papathanassis on Friday announced a second wave of loosened restrictions in business activity as of May 11, that includes stores selling clothing, home appliances and cosmetics.
Turkish gov’t plans to cap prices of face masks at 1 lira each
The Turkish government will allow the sales of face masks with the maximum price of 1 Turkish Lira each, and the price will depend on the quality of the masks, daily Hürriyet reported on May 6.