RETAIL

stores-to-partially-reopen-in-thessaloniki-achaia
NEWS

The two new systems developed during the pandemic for the operation of retail commerce will resume in the regions of Thessaloniki and Achaia on Monday (April 12), following intense pressure from the sector which has remained closed for three months.


A checkout worker wears a mask and gloves to protect herself from Covid-19 at an Athens supermarket in this March 2020 file photo. Ian Bremmer notes that the virus has disproportionately hit the earnings of low-income and service workers. [InTime News]
RETAIL

Sklavenitis and Lidl Hellas appear to have benefited the most in the battle of supermarkets amid the pandemic, though the increased turnover recorded in 2020 due to the expansion of the client base has bolstered the entire sector.

confusion-at-retail-s-reopening
RETAIL

Both shoppers and the market appeared somewhat reserved upon the reopening of retail stores on Monday in Attica following two months of shuttering.


People wearing masks wait to enter a shop on the first day of the re-opening of retail stores, amid the coronavirus disease pandemic, in Athens, Monday. [Louiza Vradi/Reuters]
ECONOMY

Greece will provide more financial aid to businesses hit by coronavirus restrictions in April, the finance minister said on Monday, as shops reopened despite surging case numbers that have put health services under severe strain.


[Pantelis Saitas/ANA]
NEWS

As Greece enters the most critical phase since the beginning of the coronavirus pandemic last year, the government’s decision to “partially decompress” rather than open the economy entirely is seen as the best way forward.



reopening-not-a-relief-to-all
RETAIL

The Fourlis Group has decided to restrict the operation of most IKEA stores to the click-and-collect mode, as the government decision to set strict limits on customer numbers inside shops means their full operation doesn’t make any financial sense.

A man wearing a face mask to protect against the spread of the coronavirus, walks next to a truck in Athens, Wednesday, March 31, 2021. [Thanassis Stavrakis/AP]
NEWS

Greece is relaxing some coronavirus restrictions despite a surge in infections that’s straining hospitals to their limits, with retail stores to reopen and people allowed to drive to places outside their home municipalities for exercise.


pandemic-highlights-problems-in-the-retail-sector
RETAIL

The broader sector of retail trade beyond food stores and pharmacies is about to reopen, saddled with debts to suppliers, the inability to secure funding, the cancellation of investments and a very low degree of digital transformation, threatening the sustainability mainly of small companies that constitute the backbone of the Greek economy.

retail-set-to-resume-on-april-5
ECONOMY

Τhe government wants retail commerce to reopen on April 5, even if that means having a transition period until April 12 during which purchases will be made through the “click-in-shop” method – i.e. after an appointment – according to sources.