Greece's "Made in Greece" production that supplies retail stores and small businesses across the country has been steadily declining as the number of imported goods sold is rising, a new report says, marking the lowest point of locally produced...
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...
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,...
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...
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...
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...
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...
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...
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...
