Greece: latest retail news, insights and analysis | ESM Magazine

Seven In Ten Greek Retail Executives Believe COVID Issues Will Persist Into 2022: Study

Seven in ten (70%) Greek retail executives believe that COVID-19 will continue to affect the marketplace until at least the summer of 2022, while 85% belie...

Russian Discounter Svetofor To Open Stores in Serbia

Russian discount chain Svetofor will commence operations in Serbia from January, with initial plans to open 15 stores. The company, which trades in West...

Greek Supermarkets See Employment Numbers Rise Due To Pandemic

Greece's food retail sector saw a 3.2% increase in employment in the first half of 2020, largely due to increased staff numbers at supermarkets due to the...

More Greeks Visiting Food Stores, However Traffic Remains Low Compared To Last Year

The number of Greek shoppers visiting food stores has increased by more than a third (35%) since the height of the lockdown period, however it is still dow...

AB Vassilopoulos Exempts Small Businesses From April Rent Payment

AB Vassilopoulos has announced that it will not collect rent for April from small businesses operating in its stores. The move is part of the company&rs...

COVID-19 Likely To Impact Greek Retail Sector Beyond 2020, Survey Finds

The coronavirus epidemic is likely to continue affect the retail landscape beyond 2020, a survey of leading Greek retailers and FMCG executives has found....

Greek Retail Sales Rose 10.1% In January, Study Finds

Greek retail sales rose by 10.1% in January, in value terms, according to a study by statistics firm ELSTAT, however future sales are likely to be impacted...

Masoutis To Offer 30% Of Net Profits As Bonus To Employees

Greek retailer Masoutis has announced that it will offer 30% of its net profits as a bonus to employees working in its stores and logistics facilities, ami...