Tenerife Weekly
  • Home
  • About
  • El Diario
  • Diario de Avisos
  • El Dia
  • Europa Press
  • La Laguna
  • El Digital Sur
  • Atlantico
  • Press Releases
  • Essentials
  • Blog
  • Contact
No Result
View All Result
  • Home
  • About
  • El Diario
  • Diario de Avisos
  • El Dia
  • Europa Press
  • La Laguna
  • El Digital Sur
  • Atlantico
  • Press Releases
  • Essentials
  • Blog
  • Contact
No Result
View All Result
Tenerife Weekly
No Result
View All Result
Home La Provincia

Sales Surge: Major Discounts Fill Stores for Big Event Weeks

January 7, 2025
in La Provincia
Reading Time: 3 mins read
0
Sales Surge: Major Discounts Fill Stores for Big Event Weeks
3
SHARES
Share on FacebookShare on Twitter

Discounts of up to 70% aim to draw in a clientele with the strained purse following the Christmas celebrations. Consequently, retail in the Islands faces two pivotal weeks where, particularly for smaller enterprises, the essential target is to reach 80% of their revenue for the first month of the year. Apparel, accessories, and electronics, including gadgets and video games, form the selection displayed in the shop windows and interiors of Canarian outlets.

Optimism stems from the positive results observed in the closing weeks of the year. November witnessed a 4.6% rise in business volume compared to the same month in 2023. This statistic is crucial, as noted by the president of the Las Palmas Trade Federation (Fedeco), Raju Daswani, “Black Friday and Cyber Monday have turned into the peak periods for sales” within the sector. Therefore, if the penultimate month of the year presents favourable results, it can be inferred that they are on track for substantial earnings.

‘Black Friday’ and ‘Cyber Monday’ have overtaken Christmas as the peak sales season

In the absence of official figures, the anticipated growth for December, when a significant portion of Christmas shopping occurs, is estimated to range from 5% in the least favourable scenario to 8% in the most optimistic. This is the momentum that retailers hope to sustain during the sales season. The variable largely hinges on the influx of tourists, and this time of year sees an abundance of visitors as Europe endures the colder months.

Yesterday, Ritis was lounging on a bench along the commercial street of Mesa and López with a bulky bag filled with clothing. He has been in Gran Canaria for a week and was informed that excellent prices could be found during this period. He intends to take the newly acquired clothing back to Vilnius, the Lithuanian capital where he resides.

Sales Surge: Major Discounts Fill Stores for Big Event Weeks

Maria Pisaca

Less expensive than in Lithuania

“I’ve discovered items that are less expensive than those in my home country,” he remarked without much astonishment. I was already aware that this was a possibility. It will be more challenging to persuade local consumers, who are very accustomed to discounts throughout the year.

In Santa Cruz de Tenerife, the contrast between the areas dominated by independent retailers and major shopping centres was quite apparent yesterday. The former, deserted; the latter, bustling with shoppers. The influence of tourists was also palpable, with visitors nearly matching the number of locals.

In Tenerife, few locals on the streets while many are in the shopping centres

The transformations experienced by one of the principal job providers in the Archipelago are clear, beyond the distortions introduced by large online sales enterprises. Among younger generations, for instance, there is abundant utilisation of technological tools to exchange gifts that are not entirely to their taste.

Video games and apparel

A video game they may already own or a jacket that fails to match their style are blunders of the Three Wise Men that raise the query of whether it is inappropriate to request a receipt for returns. Milanuncios, a second-hand buying and selling platform, has examined, alongside Appinio, the purchasing behaviours during these times, the consumer profile, their expectations, and how an increasing number of shoppers are also turning to second-hand platforms to offload gifts.

57% of the population has returned gifts received at Christmas at some stage. When it comes to those they do not desire, 70% exchange them in-store, whilst 22% of Spaniards state that they sell unwanted gifts as they prefer to keep the money.

Subscribe to continue reading

Related Posts

Wind and Fog Leave Hundreds of Passengers Stranded in Tenerife
La Provincia

Wind and Fog Leave Hundreds of Passengers Stranded in Tenerife

July 6, 2025
Canaries Roll: From Sancheski to Skate
La Provincia

Canaries Roll: From Sancheski to Skate

July 6, 2025
Coque Malla stars in ‘The Threepenny Opera’, new project from ‘Segunda Lectura’ at the Pérez Galdós Theatre.
La Provincia

Coque Malla stars in ‘The Threepenny Opera’, new project from ‘Segunda Lectura’ at the Pérez Galdós Theatre.

July 2, 2025
No Result
View All Result

Click Image to Join Community

Tenerife Forum Community

Previous News

The Santa Cruz Carnival will meet tomorrow the winning Children’s Murga in the last phase of the contest

The Santa Cruz Carnival will meet tomorrow the winning Children’s Murga in the last phase of the contest

1 year ago
The Plenary refuses to return 420,000 euros to the promoter of Opuntia

The Plenary refuses to return 420,000 euros to the promoter of Opuntia

4 years ago
The Cabildo de Tenerife works to reopen the Teno road before summer

The Cabildo de Tenerife works to reopen the Teno road before summer

3 years ago
Women for flowers, men for fires

Women for flowers, men for fires

3 years ago
Almost a million to channel wastewater from Punta Larga to the Basilica

Almost a million to channel wastewater from Punta Larga to the Basilica

3 years ago
The cheapest gasoline this Friday in the province of Santa Cruz de Tenerife

The cheapest gasoline this Friday in the province of Santa Cruz de Tenerife

3 years ago
No Result
View All Result

News Highlights

The National Geographic Institute detects eleven minor tremors in under four hours in Tenerife.

The iconic Los Patos beach in Tenerife, closed for over a year with no plans to reopen.

A new group calls on the Canary Islands Government and the Tenerife Cabildo to halt Cuna del Alma due to the site’s significant archaeological value.

Belgian Tourists Evacuated by Helicopter Affected by Fatigue and Heat

Confirmed Opening: Starbucks Launches a New Store in Tenerife

Protest Scheduled for This Saturday Against the Cuna del Alma Mega Tourism Project Moves Venue

Trending News

San Benito Abad Regional Celebrations and Pilgrimage La Laguna 2025: Events for This Friday, 11th July
La Laguna

San Benito Abad Regional Celebrations and Pilgrimage La Laguna 2025: Events for This Friday, 11th July

by Admin
July 11, 2025
0

Religious Events Friday 11th July At 18:30, Liturgical Feast of St. Benedict Abbot, 2nd Day of the...

Santa Cruz Council outlines its plan for Las Teresitas on social media without mentioning the hotel, and users pass judgment.

Santa Cruz Council outlines its plan for Las Teresitas on social media without mentioning the hotel, and users pass judgment.

July 11, 2025
Jamie Oliver’s Favourite Canary Island: “Home to Innovative Chefs and World-Class Wineries”

Jamie Oliver’s Favourite Canary Island: “Home to Innovative Chefs and World-Class Wineries”

July 11, 2025
The National Geographic Institute detects eleven minor tremors in under four hours in Tenerife.

The National Geographic Institute detects eleven minor tremors in under four hours in Tenerife.

July 11, 2025
The iconic Los Patos beach in Tenerife, closed for over a year with no plans to reopen.

The iconic Los Patos beach in Tenerife, closed for over a year with no plans to reopen.

July 11, 2025
Tenerife Weekly

© 2025 Tenerife Weekly

Navigate Site

  • Tenerife Forum
  • Tenerife Travel Shop
  • Ask Tenerife
  • Guide
  • Adobe
  • Linkedin
  • Privacy Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • About
  • El Diario
  • Diario de Avisos
  • El Dia
  • Europa Press
  • La Laguna
  • El Digital Sur
  • Atlantico
  • Press Releases
  • Essentials
  • Blog
  • Contact

© 2025 Tenerife Weekly