Sales

Winter sales are set to begin on January 13 and run until February 28. Stores may voluntarily open on the first two Sundays of the sales, January 19 and 26, with proposed hours from 11 am to 6 pm, according to retail associations.

On Monday, January 13, the winter sales will begin and run through Friday, February 28.

As the Thessaloniki Trade Association said in a statement, stores are allowed to open voluntarily on the first two Sundays of the regular winter sales, i.e. on January 19 and 26, 2025, with suggested opening hours on those two days, from 11:00 to 18:00.

Summer sales started on Monday across Greece and will end on August 31.

Under the current law, stores can open voluntarily this Sunday, July 14, the first Sunday of the sales period, on a schedule of 11 a.m. to 8 p.m.

Summer sales begin on July 8, 2024 at stores across the country, and stores are expected to be open on the second Sunday in July.

The second half of the year will start on Sunday, with the first day of the second half of the year being the second day of the second half.

The summer sales and will run through Aug. 31.

The Ministry of Tourism in Bulgaria has unveiled plans for significant reforms in the tender procedures for beach rentals across the country, aiming to enhance transparency and fairness in the process.

Supermarket executives expect the continuation of a decline in sales volume in the first half of 2024, reflecting the impact of price increases on demand, the Research Institute for Retail Consumer Goods (IELKA) said in a survey released on Tuesday.

Outrageous discounts are the first "mystery" in the Greek market, with supermarket chains successively advertising 50% off specific products. Are they selling below cost to drum up new custom? Probably, but then we see those same products going for half-price at every other supermarket. 

Plaisio Computers will not bid for the acquisition of electrical appliances and electronics retailer Kotsovolos, Kathimeini understands, leaving Quest Group as the only, non-binding, bidder so far. 

But, as Kotsovolos said in a statement Monday, "it is not certain that the process willl lead to a final agreement." 

Home sales are on track for a figure approaching 170,000 this year, meaning they will record the highest volume of sales since the late 2000s.

House sales to foreigners in Türkiye decreased by 27.0 percent in February compared to the same month last year, the Turkish Statistical Institute (TÜİK) announced on March 15.

A total of 3,350 houses were sold to foreigners last month, accounting for 4.2 percent of the country's total house sales of 80,031.