Re­tail­ers ex­pect win­ter sales to post smaller drop than last year

Kathimerini English - - Front Page - DIM­I­TRA MANIFAVA

Trades­men are re­servedly op­ti­mistic about the win­ter sales pe­riod that be­gins on Mon­day and lasts un­til the end of Fe­bru­ary. Al­though they ex­pect turnover to go down from the same pe­riod last year, they be­lieve the drop will be smaller than that wit­nessed a year ago.

Es­ti­mates from the Na­tional Con­fed­er­a­tion of Hel­lenic Com­merce (ESEE) put the ex­pected turnover in this sales win­dow at 5 bil­lion eu­ros, down from 5.5 bil­lion in 2013 – i.e. a de­cline of just un­der 10 per­cent. The an­nual drop last year had amounted to 14 per­cent, while in 2012 it had come to 14.89 per­cent.

Re­tail­ers also be­lieve that the op­er­a­tion of stores on the first Sun­day of the sales pe­riod, Jan­uary 19, will con­trib­ute to a rise in turnover.

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