RETAIL

consumers-retailers-want-larger-spaces
RETAIL

Before the pandemic the trend in retail commerce globally as well as in Greece was for city stores, even in the form of display shops (especially for homeware retailers), as consumers didn’t want to spend time and money visiting stores outside of the city.


supermarket-prices-post-2-2-increase
RETAIL

The first four months of the year saw a 2.2% average increase in the prices of basic supermarket goods, according to the findings of the IRI market research company, confirming concerns that inflationary pressures could weigh on the economic recovery.


store-rental-rates-in-decline
PROPERTY TAXATION

Store rental rates continued to slide in the first quarter of the year in the most popular commercial areas of the Greek capital.

stores-supermarkets-to-open-on-sunday
ECONOMY

Stores can stay open this Sunday following a joint ministerial decision outlining the protection measures against the spread of the coronavirus that are in effect from May 14 until Monday morning.

april-sees-consumption-leap
ECONOMY

Optimism is growing at the Finance Ministry as the figures for April and the lifting of restrictions on retail commerce, the food service and travel point to a return to normality that will pave the way for the economy to start recovering from the pandemic blues.


apparel-groups-reduce-number-of-stores-and-lay-off-staff
ECONOMY

The pandemic is bringing new changes to the country’s commercial map, as the shifts in consumer habits have not only affected the economic performance of retail commerce in the last 14 months, but also the strategy of the sector’s enterprises in the coming years.

[Thanassis Stavrakis/AP]
NEWS

Starting on Friday, the SMS system for leaving home will end, the night curfew will begin at 12.30 a.m. instead of 11 p.m., while domestic travel restrictions will be lifted as part of Greece’s phased returned to normality after months of restrictions. 



[Yorgos Karahalis/AP]
NEWS

The Greek government announced it will lift a ban on travel between regions and abolish a system requiring an SMS or a form for people to leave the house on Friday, abandoning most of the lockdown restrictions that still applied in the country, to coincide with the start of the tourism season.

[Reuters]
ECONOMY

Interim sales started in stores on May 5 and will last until May 15, with store owners hoping to boost business a few days after the sector reopened following months of lockdown.


retailers-count-the-first-closures-seek-more-support
ECONOMY

Thessaloniki’s high street, Tsimiski, is already seeing the second impact of the pandemic on commerce, as 17 enterprises have been forced to close for good, according to the president of the Thessaloniki Tradesmen Association Pantelis Filippidis.

subdued-consumer-traffic-in-stores-ahead-of-easter
RETAIL

Shopkeepers are reporting subdued activity in the Easter market, despite the reopening of malls since last Saturday, as the click-inside system of shopping by appointment appears to deter some consumers.