10-7 and Sat. Most stores are also open from 1-5 on Sundays. Of course Reykjav k also has stores specializing in traditional souvenirs, stocking a diverse selection of merchandise including books, crafts, ceramics, jewelry, playing cards, calendars, sheepskin products - and Iceland's famous woolens. Every now and again, fashion stores will have clearance sales, sometimes collectively. In such cases, they usually rent a space together, fill it with clothes, shoes, or whatever, and throw open the doors to rummagers.
Excellent buys are available.
Alas, there seems to be no rhyme or reason to the timing of such sales, so the best thing is to ask tourist information offices, your hotel, or anyone else who might be in the know. Bargain hunters should also check out Reykjav k's only indoor market, Kolaporti . Essentially, it is a large garage sale, though some stands are permanent. Kolaporti 's food section is a tourist attraction in its own right, with its traditional Icelandic fare of pickled herring, cured shark, dried fish, and various other delicacies. Kolaporti is open weekends from 11-5.