Friday, March 4, 2011

Piraeus shops turnover down during winter sales

The overwhelming majority of shops in Piraeus recorded a drop of at least 40 percent in their turnover during this year's winter sales season due to the crisis, despite substantial discounts, while the use of credit cards has also dropped even further, according to the Association of Piraeus Merchants in a survey of the market movement in the regular winter sales held among a sampling of 150 ships in Piraeus. 
 
The survey showed that 90 percent of the respondents are dissatisfied with their sales during the sales period, saying they were down, with only seven percent saying that sales were at the same level as last year and just three percent posting a rise. 
 
 
source: ANA-MPA