Greek Retailers
Business
Black Friday in Greece: Don't Believe the Hype
Black Friday fever has taken hold of many Greek consumers this week, but even a knee jerk research in sales presented as "Black Friday offers" negates the hype.
Black Friday was widely introduced to Greek consumers in 2015 with mostly...
Greece
Tension & Strikes Due to Mid-Season Sales' Sunday Opening
The optional Sunday opening of the shops due to the newly established mid-season sales, held from May 2 until May 10, has caused tension among retail workers and the Greek government.
According to the announcement of the Athens Traders Association,...
Economy
Strike Called for Mid-Season Sales' Sunday Opening
The Federation of Private Employees (OIYE) has called a 24-hour strike on May 4 for retail workers in protest at shops opening on the first Sunday of the mid-season sales period in Greece. They have also planned a protest outside Athens...
Economy
Poor Reception from Greek Retailers for the Operation of Stores on Sunday
The development ministry's announcement that a measure allowing small and medium-sized shops in Greece to open up to seven Sundays per year, to start on November 3 with the inauguration of the new law, met with a poor reception...
Economy
Greek Retailers Slump Killing Economy
With austerity-crunched Greeks keeping their wallets in their pockets, retail stores are taking a big hit, with sales dropping like a stone in 2012, for a fourth consecutive year. The businesses reported an overall 10 percent slide and expect...
Business
Greek Retailers Take 40% Hit
Greek retailers faced their worst Christmas sales turnover in a decade, posting a reduction of about 40 percent compared to 2011 across the debt-laden country, according to first estimates on Dec. 27. As the negative result exceeds their forecast...
Economy
Retailers to See Xmas Sales Down by 18%
Greek retailers will see the Christmas and New Year-related revenue decline 18% as business is blighted by the country's fifth year of recession, the National Confederation of Hellenic Commerce said.
Nationwide spending on food and gifts will fall to 7.6...
Economy
Greece's Labor Unions Call Oct. 18 Strike
Following a massive protest and general strike last month against more austerity measures being readied by Prime Minister Antonis Samaras' uneasy coalition government, Greece's two largest unions have called another strike for Oct. 18, the day of a European...