Retail sector expects surge in card spending during Eid al-Fitr holiday
Business
ISTANBUL – Anadolu Agency The United Brands Association ( BMD ) President Sinan Öncel said that card payments during the upcoming Eid al-Fitr holiday, including the eve of the holiday, are projected to reach 130 billion Turkish Liras ($3.4 billion). In a written statement, Öncel highlighted that shopping in the branded retail sector is expected to peak on March 29, the eve of the holiday, providing a partial boost to categories such as groceries, clothing, footwear and dining. Öncel noted that
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