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12.1% increase in retail turnover in June on an annual basis

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...

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...

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...

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...

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....

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,...