Easter spending was cautious and focused on essential items

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This year’s Easter shopping period performed at a satisfactory level, according to the General Secretary of POVEK, Stefanos Koursaris. Speaking on the “Mesimeri kai Kati” programme on SIGMA, he stated that consumers mainly focused on essential items for the Easter table, setting aside purchases of clothing and footwear that were once characteristic of the season.

Referring to the payment of pensions starting from 10 April, Mr Koursaris explained that, although it provided a slight boost to the market, people were aware that they needed to “hold out” until the end of May. As a result, they shopped more cautiously, prioritising only the most necessary purchases.

According to the POVEK General Secretary, the Christmas period has now overtaken Easter in terms of clothing and footwear sales, as Easter is now focused almost exclusively on basic necessities. “People spent mainly on essential goods for the Easter table,” he noted.

Shift towards small, family-run businesses

Commenting on press reports suggesting that large shopping malls enjoyed increased popularity, Mr Koursaris expressed his disagreement. He said that, in recent years, there has been a gradual shift towards very small, family-run businesses, which consumers trust for both service and specialisation.

Small businesses do not treat the customer as just a number but offer quality and personalised service, Mr Koursaris said. He emphasised that their expertise in specific products helps customers make meaningful and appropriate purchases.

Also read: Cyprus among EU’s least active book buyers, both online and off

Source: Economy Today

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