The amount of discounts is not such as to attract a significant volume of consumers to the market
Photos: Philippos Christou
By Maria Herakleous
From 9 in the morning, several stores opened their doors for Black Friday, mainly in the field of electrical and electronic devices, however traffic is at a low level and is certainly not comparable to previous years. According to PASYLE CEO Marios Antoniou, so far there is no increased traffic, and the traffic is the same as any other day in the market.
This is also recorded in the photos of “K”, which do not remind anything of the frenzy of previous years. For her part, the representative of the Cyprus Consumers Association, Virginia Christou, describes that observers of the association are in all the provinces and monitor prices, conveying the message that the market is numb and the products offered at a discount in the context of Black Friday are less compared to corresponding periods in the last five years.
And the businesses themselves do not expect that there will be much movement in the market today and the reasons are attributed on the one hand to the fact that the Black Friday period lasts a month in Cyprus, so consumers can do their shopping on any other day.
The amount of discounts is not such as to attract a significant volume of consumers to the market.
Consumers consider Black Friday deals to be misleading.
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It is also a finding of the retail association itself that in some cases stores proceed with virtual offers.
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The representative of the Consumers' Association told “K” that in the last two days come before the consumer complaint about products offered at a promotional price, higher than its listed price before the promotion. The specific cases concern clothing and footwear stores as mentioned. The specific cases will be evaluated as he mentioned, while he called on consumers to be very careful when shopping and also about the return policy applied by each company.
