An increase of 12.1% on an annual basis, i.e. compared to the corresponding month of 2021, was recorded by the General Index of Retail Trade in Greece in June 2022, according to the data announced on Wednesday by the Hellenic Statistical Authority (ELSTAT). On a monthly basis, i.e. in relation to the corresponding index of […]
Tag: retail
Lidl – NielsenIQ agreement brings a change of scenery in Greece as well
By Giorgos Lampiris The overall way in which business is conducted and the broader strategy of businesses related to the organized retail sector, whether it is supermarkets or industry, is brought about by the agreement signed by the measuring company NieslenIQ and the supermarket chain Lidl . The consent step was taken by Lidl not […]
ELSTAT: At €15.41 billion, turnover in retail trade in the second quarter, increased by 12%
In the second quarter of 2022, the turnover of all businesses in the retail sector amounted to 15.41 billion euros, marking an increase of 12.0% compared to the second quarter of 2021, where it had been formed at 13.76 billion euros and an increase of 20.1% compared to the first quarter of 2022, which was […]
Retail: The double face of this year’s discounts
By Giorgos Lampiris The picture of this year’s sales in the shops was mixed, according to industry executives we contacted, since the picture in the tourist areas such as the center of Athens or the southern suburbs was more positive compared to the periphery, but also the urban centers of the country. This particular development […]
V. Korkidis: Many retailers will extend seasonal offers at least 10 days after the end of summer sales
“Retail is trying to make the most of the sale season, with businesses prioritizing stock liquidation to meet their financial obligations and many expected to extend seasonal offers at least a fortnight after regular sales end. summer sales, to the benefit of merchants and consumers. At least demonstrably, this year’s summer sales managed to contain […]
Retail: Energy and price hikes slow sales turnover
By Matina Harkoftakis Retail sales seem to have fallen flat in July as consumers appear restrained in their purchases. The outstanding month of sales has not, based on the data so far, lived up to expectations, as they point out in Capital.gr industry executives. “The first picture we have from the sales, which officially started […]
Increase in e-commerce sizes in July 2022
It may be that many retail storefronts are rolling down their shutters due to the summer holidays as we approach the “fifteenth of August” and make appointments for September, but the virtual storefronts of electronic stores (e-shops) never close! And they are not few, as according to figures that have seen the light of day, […]
IOBE: New decline in the economic climate index in July
The economic climate index in Greece fell in July and stood at 101.1 points, lower than the previous month (104.1 points), as well as compared to July 2021, according to the IOBE Economic Situation survey. At the European level, downward trends also prevailed, both in the EU and in the Eurozone. Business expectations fell mainly […]
Organized food retailing is in uncharted waters
The first half of 2022 was a bittersweet taste for retailers and suppliers, on the one hand due to increased operating costs that significantly reduced profit margins and on the other hand due to the increase in value sales which came solely from increased prices, as demand showed a negative trend for all major product […]
ELSTAT: Annual increase of 5.1% of turnover in retail trade in May
An increase of 5.1% was presented by the General Index of Retail Trade during the month of May 2022, compared to the corresponding index of May 2021, as ELSTAT announced today. Compared to the corresponding index of April 2022 the index showed a decrease of 10.3% At the same time, ELSTAT announced that: -The General […]
