The stores of the future are also coming to Greece

The stores of the future are also coming to Greece

New experiences Greek consumers are also waiting for their daily shopping. The digital transformation of businesses as well as the introduction of artificial intelligence applications are changing the image of stores and slowly bringing consumers into a new era. The new profile of the consumer demands convenience, time savings and quick reflexes from businesses that … Read more

The ceiling on the profit margin is on the table

The ceiling on the profit margin is on the table

Gradual removal of the measures imposed by the government regarding the prices of the products demanded by industry and retail. The deceleration of food inflation, too, said to be from 4.8% to 2.4%, the lowest level in three years, from July 2021, along with the decline in inflation overall, which was hinted at last week … Read more

“Honey I’ve shrunk the…packs but left the prices the same”

“Honey I’ve shrunk the…packs but left the prices the same”

It’s a trend that’s spreading internationally as commodity prices climb. It is related to shrinking the size of the product package, but not the price, and is described by the term shrinkflation, from the combination of the English words shrink which means to shrink and inflation which means inflation. Popular brands all over the world … Read more

Costs greater via 1.1% in April

The stores of the future are also coming to Greece

Value build up 1.1% in supermarkets in April presentations an IELKA survey. Consistent with the survey, there is a rise in comparison to remaining yr, despite the fact that there may be an obtrusive value restraint in lots of product classes in fresh months. The “Grocery Meals” class, which contains olive oil, recorded an build … Read more

Price reductions of up to 50% on 4,000 products

Price reductions of up to 50% on 4,000 products

They are now beyond the 4,000 product codes in which reductions in their original prices are recorded after the full implementation of the measures of the Ministry of Development to combat precision. The majority of them mainly concern household cleaners, laundry detergents, shampoos, shower gels, diapers, baby milk and toothpastes. A significant reduction of up … Read more