Decline in sales turnover despite long queues

Decline in sales turnover despite long queues

The first week of the winter sales with the stores open was positive for retailers after two-and-a-half months of closure, but revenues were expected to be significantly below last year’s equivalent week, according to a survey conducted by the Athens Traders’ Association.

About four out of 10 shopkeepers (39%) reported a declined from 2020, 30% said their turnover was about the same and 31% reported an increase, the survey found.

The average discounts offered ranged around 40%-50% in clothing, 20%-40% in shoes and 10%-20% at jewelers.

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.