Record sales in retail

German retailers achieved record sales in 2021 despite Corona restrictions and delivery problems. Income rose by 3.1 percent compared to the previous record year 2020, as the Federal Statistical Office estimated on the basis of the results for the first eleven months. However, things were far from going well everywhere: For example, the retail trade with textiles, clothing, shoes and leather goods had to accept sales losses in the second year of the Corona crisis. In contrast, the booming online business once again grew double-digit. The dealers were recently burdened by stricter corona rules. With the exception of shops for daily needs, only those who have been vaccinated or recovered have been allowed to enter the shops in the past few weeks. In addition, the industry is plagued by delivery problems: Ironically, in the high-turnover time before Christmas, almost 82 percent of retailers complained that they could not offer all products.

Related Post

Leave a Reply

Your email address will not be published. Required fields are marked *