Market economics)
Black Friday sales set for November 29
The Athens Traders' Association on Tuesday said that this year's Black Friday sales campaign, when retailers slash product prices to push surplus stock, will take place on November 29.
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Physical Stores Remain Fashionable in Sofia
The progressive development of online commerce globally has not significantly affected the demand for modern commercial properties in the capital in the first half of 2019. On the contrary, it has reached record levels on a half-year basis since 2015. The total utilized area for the period under review is 21,900 sq.m. This is stated in the latest report by Colliers International.
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Private labels are here to stay
Private labels, once rare in Greece, now occupy a significant space in our refrigerators and cupboards, even in a recovering economy.
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Editorial: Toxic monopoly
The social toxicity of gambling has been known to us nearly as long as the existence of contemporary societies.
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Turkey receives 61,200+ trademark applications in H1
The Turkish Patent and Trademark Office (TürkPatent) received 61,278 trademark applications -- 53,645 of them domestic -- in the first six months of 2019.
Retail sales volume down 3.7% in May
Turkey's calendar-adjusted retail sales volume with constant prices dropped 3.7% year-on-year in May this year, the country's statistical authority announced on July 17.
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The Food Trade Shrinks, the Fuel Trade Increases
Turnover of grocery stores shrank in May, both from the previous month and from May last year. The speed of petrol stations is rising. This is evident from the preliminary data of the National Statistical Institute, announced today.
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Store owners hoping to regain losses in summer sales starting Monday
Sales in Greek stores nationwide will start on Monday (July 8), with shop owners hoping to recoup some of the losses they suffered in the first six months of the year.
"Due to the economic suffocation, the first half of the year was the worst period in recent years for all retail businesses," said Stavros Kafounis, president of the Athens Traders Association.
Rigas: ‘Oil price upside is not enough anymore’
Europe's oil and gas sector is building up a crowded pipeline for stock market flotations, but investor appetite is limited given painful experiences after the last oil price crash and a backlash against fossil fuels.
Greek group Energean was one of a handful of energy companies to list in London in recent years, betting on Israeli gas production and long-term offtake agreements.
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Two Iraqis detained over Syntagma knifing
Police in Athens on Tuesday were questioning two Iraqi nationals in connection with the knifing of a kiosk worker on Monday night near Syntagma Square.
One of the two men is alleged to have stabbed the employee while robbing the kiosk on Vasilissis Amalias Avenue.
A customer at the kiosk also sustained minor injuries during the incident.
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