Greeks prepare for mid-term Autumn sales, Black Friday & Cyber Monday

22 October 2019
103 Views

Consumers in Greece are getting ready for the mid-term sales of Autumn which are scheduled to kick off on November 1st and last for the first 10 days of November.

After the first discount period of November, shoppers will have the chance to save even more money, as Black Friday and Cyber Monday follow on November 22 and 25 (Cyber Monday only online shopping), respectively.

Although both Black Friday and Cyber Monday are one-day bargains, Greek stores typically extend the duration for discounted products from 3 to 5 days, or even longer.

The Athens Chamber of Commerce has urged businesses to pay particular attention to the following:

– A clear indication of both old and new price tags is mandatory.

– Discount rates may also be communicated to customers via a percentile.

– If there are different discount rates per product category, the range of the percentage provided (“from ….% to ….%”) should be indicated. In all other cases, it will be stated that discounts are for selected products with reference to the corresponding percentage.

– Owners should, in the event of an audit, be able to prove that the old sales price on the card corresponds to reality.

You may be interested

The European countries with the most millionaire bankers
FINANCE
shares8 views
FINANCE
shares8 views

The European countries with the most millionaire bankers

Panos - Nov 19, 2019

Even though people and businesses are having second thoughts about moving to the United Kingdom over Brexit, it’s still arguably…

This is how much money Tsitsipas made at the Nitto ATP Finals
FINANCE
shares8 views
FINANCE
shares8 views

This is how much money Tsitsipas made at the Nitto ATP Finals

Panos - Nov 19, 2019

On Sunday night, Stefanos Tsitsipas sent a nation into raptures after lifting the prestigious ATP trophy at the O2 Arena…

Primary budget surplus over double the forecast for 10-month term
FINANCE
shares7 views
FINANCE
shares7 views

Primary budget surplus over double the forecast for 10-month term

Panos - Nov 19, 2019

According to figures released today by Deputy Minister for Financial Policy Theodoros Skylakakis, the January-October 2019 primary surplus amounted to…

Leave a Comment

Your email address will not be published.