Sales Begin Amid Hopes for Higher Consumer Spending



The annual winter sales period for shops across Greece is expected to start this year on Monday, January 14, 2019.

The special sales will run until Thursday, February 28, 2019, according to an official announcement issued on Monday by the Athens Trade Association.

The association clarified that during the sales period, the price before and after the discount must be clearly displayed upon the items on sale, while retailers can also indicate the percentage of the applicable discount.

The stores will be allowed to open on Sunday, January 20, the first Sunday of the sales period, with the recommended operating hours being set between 11:00 and 18:00.

The following Monday, January 21, the association proposes that shops open at noon instead of 09:00, since customer turnout on the Mondays after Sunday openings has been observed to be very low.

Greek businesses along the main streets of every city across the country hope that the 2019 sales period will bring much-needed revenue. High taxation rates, along with online retailers gaining a large proportion of consumers’ expenditures over the last few years, forced thousands of small businesses across the country to close during the last decade.

With information from A.M.N.A.