Dawn queues, traf­fic jams as Black Fri­day de­buts in Greece

Kuwait Times - - BUSINESS -

ATHENS:

Long queues snaked out­side depart­ment stores and roads were blocked near malls thou­sands of Greeks bucked fall­ing wages and job­less­ness to join the country’s first-ever Black Fri­day shop­ping craze. In Athens, Thes­sa­loniki and other ma­jor Greek cities, the queues formed be­fore par­tic­i­pat­ing stores-mostly tech and clothes chains-opened at 0600 GMT.

It was soon clear that most of the shop­pers were young­sters skip­ping school to take ad­van­tage of up to 80-per­cent re­duc­tions in the sales. At a prom­i­nent depart­ment store, Xbox One home video game con­soles priced at 199 eu­ros ($210) sold out in less than two hours. De­spite large crowds, no ma­jor dis­tur­bances or fights oc­ca­sion­ally seen at such pro­mo­tions abroad were re­ported. Greek re­tail groups have ex­pressed scep­ti­cism about the pro­mo­tion which fur­ther threat­ens to un­der­mine strug­gling small business own­ers. Niko­las Kou­gioumt­sis, head of the Athens trade as­so­ci­a­tion, said Black Fri­day was “not a pos­i­tive” day for many sellers. — AFP

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