Sales

Amazon announced discounts on “Whole Foods” products, soon after US antitrust authority and Whole Foods shareholders authorized the e-commerce giant to acquire the specialty organic foods chain.

With many Greeks leaving the larger cities for the summer holidays, large supermarket chains have taken their battle for a slice of the market beyond their traditional stomping ground.

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.

Giannis (John) Ziotas was born in the small village of Roupakia in the island of Lefkada and he remembers growing up with his six brothers and sisters that there was never enough food on the table. When he grew up he went to the US and at the age of 26 he started working in a small grocery shp of the 110th Street in Brooklyn.

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.