Number of POS terminals up 15 per cent as cashless transactions rise
Point of sales (POS) terminals have seen a 15 per cent rise in Cyprus between 2018 and 2020, according to a survey of 14 countries...
shops
Why some businesses are closing while others are thriving
We have studied the announcement by the small shopkeepers association (Povek) warning the state not to reduce the subsidies being paid to shopkeepers. The union...
Our View: Shopkeepers right to express gloom over new mall
Fears are being expressed that the imminent opening of the Metropolis Mall in Larnaca would adversely affect the business of shops in the commercial centre...
Greece’s largest retail electrical company opening in Cyprus
Greece’s largest retail electrical company, Kotsovolos is opening two shops in Cyprus nest week, promising a “unique shopping experience”. The company announced that its two...
Coronavirus: Shops slash prices to draw crowds as they re-open
Shops re-opened on Monday, the first day of phase two of the easing of the coronavirus lockdown, with special offers as they try to recoup...
Joy and caution as Greek shops re-open amid strict safety limits
Shops in Greece reopened for the first time in two months on Monday as the government took its first steps towards easing coronavirus restrictions, in...
Nicosia awards best city-centre Christmas window displays
Nicosia Municipality on Thursday announced the winners of its competition for the best Christmas shop window within the city walls. The municipality said the initiative...
Retailers see reduced Black Friday traffic, Povek says
There was reduced traffic in shops on Black Friday compared with previous years, small shopkeepers’ union Povek said on Friday. While some people wearing face...
Coronavirus: Struggling Paralimni shopkeepers seeking state help with rents
Paralimni shopkeepers on Friday appealed to the government for a partial funding of their rent arguing many stores have been forced to close because their...
Financial support needed for businesses affected by infrastructure delays, MPs hear
The state should look into affording some financial support to businesses affected by infrastructure projects, especially when there are delays in their completion, ruling Disy...
