Greek retail sales down 30 percent News
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A headline in the Times read "The Greeks do not do Christmas this year." Gloom descended on the retail sector as even the cut price pre-Christmas offers and discounts had sales down by 30 percent on last year.
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Greek retail sales down 30 percent Headlines
Suzanne O'Halloran analyzes the morning business headlines.
Retail sales in December rose to $400.6 billion, an increase of 0.1 percent but less than the 0.3 to 0.4 percent many economists had expected. Customers responded to deep discounts during the holiday season though analysts are waiting to see if consumers will continue their...
 Statistics Canada says Canada's retailers suffered a weak final month during last year's holiday shopping season, with December retail sales edging down 0.2 per cent to $38.6 billion.
Sales of petrol over Easter fell by a third compared with the same period last year, independent retailers' group the RMI says.
Retail sales fell in January as shoppers reined in their spending at the start of the year, the CBI says.
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