Supermarket

The new consumer habits the pandemic has created are here to stay, at least for most of the consumers who are picking them up during lockdown.

Some of the habits originally expected to be adopted within three years by a large part of the population, such as buying groceries online, were in fact adopted within a few days and now are considered routine for many Greeks.

Greek cosmetics firms are expected to show an 11% decline in turnover at the end of the year, ending a growth run that itself had followed seven lean years during the financial crisis.

According to data by market research firm ICAP, total turnover for Greek cosmetics firms will reach 772 million euros, in wholesale prices, from €867 million in 2019.

Supermarkets are expected to post 5.3% growth in turnover this year, as any losses in the second half from the expected contraction of the economy will have been offset by the jump in demand as soon as the first case of the coronavirus was recorded in Greece.

Online commerce, disinfectants and cooking at home are here to stay. In contrast, habits from the pre-Covid-19 era, such as having a leisurely wander around the supermarket or eating out at restaurants or tavernas, aren't likely to make a regular appearance anytime soon, at least for most people, a new survey has shown.

The Health Ministry has announced a series of measures to be taken in 11 sectors in an effort to curb the spread of the coronavirus as Turkey has already rolled out its normalization plan.

The new measures are mostly directed at retail stores, such as white goods shops, supermarkets, gas stations, and real estate agencies.

In the 10 weeks up to May 3 - i.e. from the time the first coronavirus cases were announced in Greece up to just before the end of the lockdown - turnover at supermarkets in Greece reached a remarkable 1.5 billion euros.

General Secretary for Commerce and Consumer Protection Panos Stampoulidis has announced the launch of a permanent mechanism to monitor the stocks of a series of products in Greek stores and the online version of the 1520 consumer hotline, as well as the upgrading of the e-Katanalotis supermarket price comparison app.

A supermarket employee distributes fliers to shoppers outside a major Greek chain in Athens, on Wednesday. Supermarket workers across the country held protests demanding more measures from their employers and the government to protect them from daily exposure to the novel coronavirus. 'Supermarket workers are paid a pittance to work exhausting hours, without the means to protect themselves...

Officials at supermarket chains and their suppliers are anticipating a considerable drop in sales in the second half of the year due to the Greek economy's entry into a new cycle of deep recession.

Prodea Investments expects no more than a 10 percent reduction in its turnover from rentals due to the measures related to the expansion of Covid-19.