Winter sales in Greece are set to kick off on Monday, January 13, 2025, and will run until friday, Febuary 28. During this period, stores in Thessaloniki will have the option to open on the Sundays of January 19 and 26, with recommended operating hours from 11:00 AM to 6:00 PM. The Thessaloniki Chamber of Commerce emphasizes the importance of adhering to discount regulations, warning that violations could result in fines equivalent to 1% of a businessS annual turnover, with a minimum penalty of €10,000. Shoppers can look forward to significant savings as retailers prepare for this highly anticipated shopping season.
Winter Sales in Greece: Exclusive Interview with Retail Expert
Time.news editor: As we approach the winter sales starting on January 13, 2025, what can you tell us about the meaning of this shopping season for both consumers and retailers in Greece?
Retail Expert: Winter sales are crucial for retailers in Greece as thay represent a important opportunity to boost sales and clear out seasonal inventory. Retailers prepare for these sales months in advance, planning discounts to attract shoppers. Consumers can expect considerable savings, making it an ideal time to purchase both winter clothing and other seasonal goods.
Time.news Editor: The Thessaloniki Chamber of Commerce has pointed out that stores have the option to open on sundays during this sale period. What impact do you think this will have on sales?
Retail Expert: Allowing stores in Thessaloniki to open on Sundays is a strategic move to increase foot traffic and sales during the peak shopping period. It provides more opportunities for consumers to shop, which could lead to higher overall sales. Sunday openings are particularly beneficial for working individuals who may not have time to shop during the week.
Time.news Editor: There is a significant emphasis on adhering to discount regulations. What are the potential consequences for retailers who do not comply with these regulations?
Retail Expert: The regulations are quite strict, and violation can result in fines up to 1% of a business’s annual turnover, with a minimum penalty of €10,000. This underscores the need for retailers to follow the guidelines closely to avoid financial penalties. Compliance not only protects businesses but also ensures that consumers receive genuine discounts.
Time.news Editor: Considering these regulations, what advice would you give to retailers to navigate the sales season effectively?
Retail Expert: Retailers should ensure they clearly understand the discount regulations and plan their pricing strategies accordingly. They should actively educate their staff about compliance to avoid penalties. Furthermore,effective marketing strategies,including promotions and social media campaigns,can help attract customers while staying within legal boundaries.
Time.news Editor: How do you foresee consumer behavior during this sales period, especially in terms of online versus in-store shopping?
Retail Expert: While in-store shopping can benefit from the holiday atmosphere and immediate gratification, online shopping continues to grow in popularity. Many consumers prefer the convenience of online sales, especially for larger purchases or if they want to avoid crowds. Retailers should therefore utilize both channels effectively and offer online-exclusive deals to attract a wider audience.
Time.news Editor: is there anything else you would like to add regarding the upcoming winter sales in Greece?
retail Expert: I encourage consumers to plan their shopping trips and make a list of items they want to purchase. This helps in making informed decisions and ensures they make the most out of the discounts available. For retailers, being proactive in preparing for customer inquiries and managing stock during this busy season can make a significant difference in their sales performance.
With the winter sales just around the corner, both consumers and retailers in Greece have much to look forward to. Make sure to mark your calendars for January 13, 2025, as the shopping season kicks off with promises of significant savings and potential for increased sales across the board.