United Brands' Association

Retailer organizations have voiced concern that their businesses would be hugely affected if some harsh measures are introduced to curb credit card spending.

Both online orders and sales at stores during the week when the Valentine's Day is celebrated, are expected to increase strongly, according to the representatives from the retail industry.

The Culture and Tourism Ministry will work on new strategies for boosting tourism in Türkiye via ad campaigns and promotional videos centered on attracting foreign shoppers to the country, says Sinan Öncel, chair of the United Brands' Association (BMD).

Retailers in Turkey made a rather weak start into 2022 as their businesses declined in January more than usual.

Turnovers of retailers fell by 20 percent in the first month of this year compared with December 2021, according to a survey the United Brands' Association (BMD) conducted among member companies.