Electronics industry
Deluge of complaints about online shopping
The pandemic may have boosted the country's e-commerce industry, but it has also sparked fraud.
The data of the Consumer Ombudsman are revealing, according to which there was:
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Cost of computer chip crisis to world growing: Turkish expert
The most obvious effect of the global computer chip shortage on end-users is that prices will increase due to the deterioration of the supply-demand balance, and this increase has already begun, according to a Turkish expert.
DHL continues to invest in Turkey
German logistics giant Deutsche Post DHL Group will continue its strong growth in Turkey, its CEO has said.
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ESEE disputes ELSTAT retail turnover data
Retail commerce saw its turnover drop by just 7.9% in November 2020, compared to a year earlier, a decline that appears small given that Greece entered its second lockdown on November 7. However, this is due to the significant increase in sales at supermarkets and other food stores.
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Retail sector strangled by November lockdown
The impact on retail commerce of the second lockdown starting November 7 was huge, as that month alone the sector saw revenues collapse by 329 million euros, according to the Hellenic Statistical Authority.
The turnover of apparel enterprises plunged 66%, even though online commerce posted a 39% jump.
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December online transactions save face
Online turnover declined 11% last month compared to December 2019, according to data the Finance Ministry has collected.
In April, the full month of lockdown during the first wave of the pandemic, the decline came to 21%, so it appears that the click-and-collect system and the Christmas effect saved a part of retail turnover.
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Turkey to register record volume of e-commerce in 2020
Turkey's e-commerce volume reached 190 billion Turkish liras ($24.68 billion) by the end of 2019, and expected to hit a record by the end of this year, the chairman of the Association of E-commerce Operators said on Dec. 21.
Emre Ekmekci told Anadolu Agency that Turkey's e-commerce has shown a record growth this year with the effect of the pandemic.
Turnover increase of 20% for retailers this week
The first week after the introduction of the hybrid e-commerce model known as click-and-collect (dubbed "click-away" in Greece) saw the turnover of retail enterprises boosted by about 20% compared to the previous week. However, in this can in no way offset all of the sector's festive season losses as the lockdown does not allow for the conventional operation of brick-and-mortar stores.
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Curbside pickups no solution
According to the great majority of store owners, the "click-and-collect" option - allowing them to open during the lockdown by taking phone or online orders and with shoppers picking up their purchases outside the shop - won't make a huge impact on their turnover.
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Costs keep piling up for shops even in lockdown
Every lockdown day means the addition of more debts and the loss of any cash reserves for enterprises, as the shutdown does not mean that expenses also stop, despite measures such as the handouts, subsidies and rent reductions.
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