Distribution business)

The Istanbul Shopping Fest (ISF), which was initiated seven years ago to make the city a shopping destination and a center of attraction, will be organized between July 1 and 16. 

The event will provide the joy of modern and traditional shopping with Design ISF pavilions that will be set up in malls and close to the Grand Bazaar. 

Sales at supermarkets remained in negative territory after the first five months of the year, with turnover shrinking by between 5 and 6 percent, according to sector estimates.

The SELPE association of Greek retail businesses on Tuesday announced opening hours for the week ahead of Greek Orthodox Easter on Sunday, April 16.

According to the announcement, shops including supermarkets will be open on Sunday, April 9, from 11 a.m. to 8 p.m., and Monday through Thursday next week from 9 a.m. to 9 p.m.

The supermarket sector in Greece expects to continue its market concentration that has been going on for seven years now.

The Competition Commission on Thursday issued its conditional approval of the Sklavenitis supermarket group's takeover of the outlets of its bankrupt rival Marinopoulos, demanding the sale of 22 stores belonging to the two chains (19 of them in Attica), and the increased protection of suppliers with a high dependence on the two major retailers.

The second mall in terms of revenue in Bulgaria - The Mall on Tsarigradsko Shose Blvd. is for sale, read the notification sent to the Commission for Protection of Competition at the end of 2016.

The German police said on Friday they arrested two men on suspicion that they planned to carry out an attack in the town of Oberhausen.

Their target was one of the country's largest shopping centers.

Neighborhood minimarkets and discount chains were last year's net gainers in food retailing (excluding open-air street markets). These two categories saw their turnover grow in 2015 compared to 2014, according to a report issued by research firm IRI.

Retail stores and chains that opted to offer special discounts on November 25, Black Friday, have reported up to 500 percent increases in turnover compared to a regular Friday at the end of November.

Shoppers crowd outside a central department store in the northern port city of Thessaloniki hoping to bag a bargain on the occasion of so-called Black Friday. The event, a day of discounts at stores which started in the United States for the day after Thanksgiving, lures consumers with generous discounts that can reach up to 80 percent.