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Showing posts with label Holidays. Show all posts
Showing posts with label Holidays. Show all posts

Monday 31 December 2012

Greeks, Romanians, Cut Christmas Spending

Greek retailers registered the lowest Christmas sales for the past 10 years, down by 40% from 2011, according to preliminary estimations.
According to reports of the National Confederation of Hellenic Commerce, as cited by the Bulgarian National Radio (BNR), Christmas sales of clothes and footwear fell by 50% from 2011, sales of electric appliances decerased by 40%, and sales of cosmetics and books declined by 30%.
Even sales of food products prior to the 2012 Christmas holidays dropped by 20% as compared to 2011.

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