Sales

Greece's supermarket sector posted an increase in turnover in 2017, albeit small, marking the first annual rise since 2010, according to a survey conducted by Nielsen.

McArthurGlen Athens at Spata, eastern Attica, will be the focus of union protests this Sunday against the opening of stores on Sundays and unofficial holidays.

Overtaxation has forced Greeks to cut down on grocery spending, as IRI Hellas researchers have found that supermarket sales in the January-September 2017 period were 6.7 percent below the level recorded two years earlier and 7.4 percent below the 2014 level.

Shoppers line up outside a central department store in Athens hoping to bag a bargain on the occasion of so-called Black Friday. One in 10 Greeks was expected to take advantage of Black Friday to do their Christmas shopping even though it is more than a month before the holiday, on November 24, according to a recent survey conducted by Deloitte.

The stories of "firsts" are testaments to the forward-thinking mind-set and courage of those who decide to try something new, despite the risks. The story of the first supermarket in Athens is no different. The Thanopoulos family business became the catalyst for the modernization of the wholesale and retail trade of food and non-food items in Greece.

The sale of cheaper red meat to two supermarket chains under the coordination of authorities will continue until the market becomes steady and stable, a top Turkish official has announced.

Greeks have reduced their spending on grocery goods by about 20 percent since the beginning of the financial crisis, changing purchasing as well as dietary habits under the pressure of tax hikes and shrinking incomes, according to the results of a survey released this week in Athens.

Greeks have reduced their spending on grocery goods by about 20 percent since the beginning of the financial crisis, changing purchasing as well as dietary habits under the pressure of tax hikes and shrinking incomes, according to the results of a survey released this week in Athens.

German supermarket chain Lidl is being criticized for editing a photo showing a Greek church by removing the Orthodox cross on top of it.

The photograph is used in packaging of the Eridanous range of Greek products, and the company has responded by saying that they did this wishing to be "religiously neutral."

Shares in Carrefour slumped on Aug. 31 after the world's second-largest retailer warned 2017 operating profit could fall by around 12 percent.

Carrefour shares were down by around 10 percent in early trading, while Carrefour's French rival Casino also lost ground.