HDE expects spurt in retail sales in Germany


December 16, 2014 | By RetailME Bureau

Germany’s retail association HDE is looking optimistically at the final spurt of the Christmas shopping season, expecting particularly many last minute shoppers this year. HDE expects retail sales in the Christmas season – November and December – to total 106.5 billion, representing a 1.2% increase compared with last year. Online sales alone would total EUR10 billion, an 18% increase from last year.

“Christmas Eve falls on a Wednesday this year. This is why we are expecting a high number of last minute shoppers,” says Stefan Genth, managing director of HDE, envisaging a further increase in customer frequency in the next 10 days.

Retail sales of clothes stabilised last week after some difficult weeks because of mild weather, and retailers now hope for more winter-like weather, which would boost the sale of coats, caps and warm shoes. Retailers of entertainment electronics and of food were winners of the past few days, Genth observes.

Comments

comments

Previous Article Next Article

YOU MAY ALSO LIKE /



Union Coop, a consumer cooperative in the UAE, revealed that 78% of 

Continue Reading

August 24, 2021 | By Jibran Chouguley

Union Coop has opened its 23rd branch within the UAE in Jumeirah 

Continue Reading

August 2, 2021 | By Jibran Chouguley

Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and 

Continue Reading

July 8, 2021 | By Jibran Chouguley

UAE-based Al Maya Group announced that it will be boosting import of 

Continue Reading

June 24, 2021 | By RetailME Bureau

UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu 

Continue Reading

June 2, 2021 | By RetailME Bureau

UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand 

Continue Reading

March 31, 2021 | By RetailME Bureau

Locally owned supermarket Spinneys celebrates 60 years of doing business in the 

Continue Reading

March 9, 2021 | By RetailME Bureau
Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau

UAE-based  Lulu Group recently inaugurated its first-ever all-female staff store in Jeddah, 

Continue Reading

February 15, 2021 | By RetailME Bureau
Jones the grocer

Jones the Grocer, the gourmet grocer and cheese retailer launches the Jones 

Continue Reading

February 1, 2021 | By RetailME Bureau

UAE-based Al Maya Supermarkets is hosting a two-week food festival at select 

Continue Reading

January 17, 2021 | By Lawrence Pinto




Download Images RetailME Magazine