E-sales on Black Friday reached a record 4.2 billion crowns, according to
the Association for Electronic Sales. This amounts to a 19 percent increase
On Friday E-shops saw a 300 percent increase in sales as compared to regular days. The annual sales event was so successful this year that Alza decided to stretch it to a fortnight. An increasing number of Czechs have got used to buying Christmas gifts online.
Cheaper train and bus fares for people under 26 and over 65 were introduced
in the Czech Republic on Saturday. They will now have to pay just a quarter
the price of regular tickets.
The move represents the fulfilment of one of the promises made by Prime Minister Andrej Babiš’s ANO party in pre-election campaigning. It will cost the state up to CZK 6 billion crowns, though no precise estimate can be made, iDnes.cz reported.
The news website said Czech Railways had set aside 50 extra carriages with a capacity of 4,000 seats in case there were a sudden spike in traveller numbers.
Retailers addressed by the Czech News Agency say they have seen an increase in post-Christmas sales of up to 20 percent year-on-year. Consumer interest is traditionally boosted by slashes in prices of as much as 70 or even 75 percent on some items. Retailers traditionally offer major discounts between December 26 and January 6, although some continue sales even longer in January. According to the Czech News Agency, customers express the greatest interest in discounted winter apparel, electronic items, foodstuffs as well as firecrackers and fireworks for New Year's Eve.
Both online and 'brick and mortar' stores in the Czech Republic have launched or are preparing to launch post-Christmas sales, slashing prices on items by as much as 70 percent, the Czech News Agency reports. According to the news service, winter sporting goods are among products being sold at discounted prices; the unseasonably warm weather this December means items have not been moving off shelves quickly. Sellers are also betting on costumers who received cash gifts as presents on Christmas Eve. The head of one commercial website told ČTK that consumers at this time of year are especially interested in items focussing on self-improvement (tied to New Years resolutions) such as fitness club memberships, language or other courses, and health food.
In Business News this week: the Czech economy grew by four percent year-on-year in first quarter of 2015; E15: MAFRA shows interest in acquiring Slevomat; Car sales in the Czech Republic went up by five percent in the first six months of this year; Czech cinemas charge an average 129 crowns for a seat.