https://knews.kathimerini.com.cy/en/news/shoppers-prioritize-food-purchases-over-clothing-this-easter
Supermarkets saw increased consumer traffic the days before Easter, celebrated in Cyprus over the last weekend, as consumers chose to spend on food and items for the holiday feast, while other retail stores did not, due to a decline in the habit of shopping for shoes and clothing during this holiday....
https://knews.kathimerini.com.cy/en/news/british-cypriot-to-challenge-london-mayor-incumbent
We seek the urgent solution to the Cyprus problem and the full, equal and meaningful participation of women at all levels of the negotiation process......
https://knews.kathimerini.com.cy/en/news/mykonos-faces-tourism-crisis-amid-declining-numbers
Despite promising signs for other parts of the country as regards the number of flights and seat bookings for the 2024 tourism season, Mykonos is seeing a decline in both indices for the second year in a row.
...
https://knews.kathimerini.com.cy/en/news/limassol-s-night-sky-lights-up-with-pink-martini-s-30th-anniversary-tour
A delightful musical cocktail in the heart of summer!...
https://knews.kathimerini.com.cy/en/comment/opinion/struggles-amidst-renovation-on-makarios-avenue
I've heard that two stores of a well-known chain recently closed down on Makarios Avenue, namely Etam and Undiz. While these brands thrive in malls and other cities, they seem to struggle in the heart of Nicosia....
https://knews.kathimerini.com.cy/en/business/prices-on-the-rise
The Consumer Protection Agency has released its latest report on product prices for February 2024, focusing on 250 key consumer items sold across 400 stores nationwide. ...
https://knews.kathimerini.com.cy/en/business/responsible-today-sustainable-tomorrow-lidl-cyprus-with-an-eye-on-cyprus-of-the-future
An event dedicated to its vision for a sustainable tomorrow was held by Lidl Cyprus at the premises of the Lidl Food Academy in the centre of Nicosia on Thursday 21 March 2023, in the presence of the honourable Minister of Energy, Trade and Industry, Mr. Giorgos Papanastasiou, as well as other institutional body representatives and partners of the company, as well as representatives of the media. ...
https://knews.kathimerini.com.cy/en/business/luxury-brand-hermes-sued-over-birkin-bag-sales
Two California residents have initiated legal action against French luxury design company Hermès, alleging discriminatory sales practices surrounding its highly coveted Birkin handbags....
https://knews.kathimerini.com.cy/en/business/iconic-cosmetics-brand-shuts-down-us-operations
The Body Shop, a UK-based cosmetics company known for its natural, sustainable, and cruelty-free products, has officially ceased all operations in the United States and is set to close numerous Canadian stores as part of a bankruptcy filing....
https://knews.kathimerini.com.cy/en/news/unveiling-the-past-of-aglantzia-in-an-enchanting-theatrical-tour
In an article written by Apostolos Kouroupakis, published in the print edition of Kathimerini's Oikonomiki, the Municipality of Aglantzia, in collaboration with ...
https://knews.kathimerini.com.cy/en/news/how-does-zero-vat-affect-your-grocery-bills
The Consumer Protection Service is keeping a close eye on how the zero VAT (Value Added Tax) rate impacts prices in stores. They've been checking 88 different products ...
https://knews.kathimerini.com.cy/en/news/police-apprehend-teens-for-store-vandalism-in-nicosia
Police arrested two 16-year-old individuals late Wednesday night in Nicosia as they were vandalizing stores along a central street in the city....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-top-employer-in-cyprus-also-in-2024
Lidl Cyprus is the Top Employer for the 7th consecutive year in Cyprus and Europe, according to the results of the internationally recognized independent organization Top Employer Institute....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-embraces-diversity-among-its-people
The diversity of Lidl Cyprus’ employees is the main subject of the company's recent campaign. ...
https://knews.kathimerini.com.cy/en/news/navigating-the-festive-frenzy
The government is grappling with significant challenges in managing and addressing the housing needs of its building stock....
https://knews.kathimerini.com.cy/en/business/makarios-avenue-struggles-to-fulfill-commercial-expectations
Two years after the official opening of Makarios Avenue (8 December 2021), the commercial success of the street has fallen short of expectations,...
https://knews.kathimerini.com.cy/en/news/leroy-merlin-to-host-stray-dogs-under-christmas-trees
In a heartwarming display of compassion, Leroy Merlin, known for its animal-friendly initiatives, is making headlines again....
https://knews.kathimerini.com.cy/en/business/lackluster-sales-show-consumer-hesitation-and-vigilance
From 9 in the morning, several stores opened their doors for Black Friday, primarily in the field of electrical and electronic devices, but the traffic is at low levels and certainly not comparable to previous years....
https://knews.kathimerini.com.cy/en/business/navigating-black-friday-discounts-vs-reality
Discounts of a few euros, or even cents, are being advertised by electronics and appliance companies in anticipation of Black Friday. However, market activity does not seem to meet the expected levels for the Black Friday period, and it is certainly considerably lower compared to the peak observed in 2018 and 2019....
https://knews.kathimerini.com.cy/en/business/major-players-unveil-ambitious-plans-for-shopping-malls-in-limassol
After Nicosia, the competition among shopping centers is shifting to the market in Limassol. The focus of the two strong players in the capital, Nicosia Mall (owned by Zorpa Group, PHC Group, Athienitis Group, and VLM Group) and Atterbury Europe (Mall of Cyprus), is set on their next investments in Limassol....
https://knews.kathimerini.com.cy/en/business/master-the-art-of-black-friday-shopping
As the Black Friday tradition, originating in the 1960s in the United States, ushers in the Christmas shopping season, Cypriots face unique economic challenges....
https://knews.kathimerini.com.cy/en/business/nicosia-mall-reveals-ambitious-plans-for-limassol-shopping-center
In a recent announcement, Nicosia Mall disclosed its intentions for the forthcoming opening in Limassol. ...
https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-swells-as-imports-surge-in-2023
Cyprus faces a growing trade deficit, reaching €6,490.8 million in January-September 2023, a €685.1 million increase from the same period in 2022, reports the Statistical Service of Cyprus. Total imports surged by 12.7% to €9,756.5 million, with exports rising by 14.6% to €3,265.7 million during the same period....
https://knews.kathimerini.com.cy/en/business/how-kotsovolos-fits-into-ppc-s-master-plan
The acquisition of "Kotsovolos" propels PPC's transformation into an integrated provider of products and services, reshaping the retail electricity market. By securing "Kotsovolos," PPC gains the means to offer a comprehensive range of services, from electricity and natural gas to cutting-edge energy solutions....
https://knews.kathimerini.com.cy/en/business/ppc-becomes-new-owner-of-kotsovolos-in-€200-million-deal
In a significant development, PPC, the Greek energy company, has emerged as the new owner of the popular retail brand "Kotsovolos." This transition was facilitated through a deal with the British group Currys, valuing the acquisition at €200 million, entirely free from loans and lease obligations....
https://knews.kathimerini.com.cy/en/news/private-labels-dominate-market-as-e-kalathi-falters
Disagreements over the specifics and philosophy of the bill concerning the creation of the e-kalathi electronic platform have led to an ongoing debate in the House Commerce Committee.
...
https://knews.kathimerini.com.cy/en/news/usa-maine-residents-on-lockdown-after-18-people-killed
Shocked and fearful Maine residents kept to their homes for a second night Thursday as hundreds of heavily armed police and FBI agents searched intensely for Robert Card, an Army reservist authorities say fatally shot 18 people at a bowling alley and a bar in the worst mass killing in state history....
https://knews.kathimerini.com.cy/en/business/types-of-coffee-loved-by-cypriots
As coffee still reigns supreme as the most popular beverage in Cyprus, our coffee culture has evolved, with Cypriots embracing varieties from distant regions of the world, such as Brazil, Nicaragua and Costa Rica. ...
https://knews.kathimerini.com.cy/en/news/did-iran-fuel-hamas-attack-on-israel
The US intelligence community is digging through its stores of data and tasking the nation’s spy agencies to hunt for fresh clues to determine whether Iran played a direct role in Saturday’s deadly attack on Israel by Hamas, a senior Biden administration official said Tuesday....
https://knews.kathimerini.com.cy/en/news/do-consumers-embrace-e-kalathi-shopping
The Consumer Protection Department, in partnership with research firm IMR, recently conducted a telephone survey aimed at gauging general consumer sentiments and assessing awareness of the e-kalathi initiative....
