News - EPG GPI

Latest news from EPG

Stay tuned for the latest news and exciting updates from the EPG world
Central Most Plecháč 10 let

Fashion retailers are launching their summer sales, with some aiming to resell extensive inventories.

Prague – Fashion retailers in the Czech Republic are gradually starting traditional summer sales. This year, some of them hope to sell out the stocks that they accumulated in previous months due to lower demand, according to their statements to ČTK. Traders are focusing on the biggest events between July and August, when the rate of discount reaches several tens of percent. According to data from the Czech Statistical Office, sales for clothing, footwear and leather goods stagnated year-on-year from

Continue reading >

Fashion retailers in Czechia launch summer sales, some want to restock large inventories

Fashion retailers in the Czech Republic are gradually launching their traditional summer sales. This year, some of them are hoping to sell off the stock they have accumulated in previous months due to lower demand, according to their statements. Retailers are targeting the biggest sales for July to August, when the discount rate reaches several tens of percent. From January to April, sales of clothing, footwear and leather goods were stagnant year-on-year, having fallen by almost six percent last year,

Continue reading >

Reconstruction will temporarily close the hypermarket

The Albert hypermarket located in the the Varyáda shopping center will be open until the beginning of August. After that, the store will be closed for a few weeks just to welcome customers back in mid-September. The announced closing of the hypermarket is related to the extensive reconstruction of the entire shopping center.

Continue reading >

Shopping centers are coming back to life in the Czech Republic. Merchants are helped to grow interest in services and plan new branches

The first three months of this year indicate that retail in the country has already come to terms with the effects of the coronavirus pandemic. Visits to domestic shopping centers increased by four percent year-on-year which led the sales to experience a six percent boost. This is reflected in the Shopping Center Index of the CBRE consulting company,which long-term monitors the performance of 23 important shopping centers outside of Prague.

Continue reading >