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Retail in Europe

  • UK Retail Sales Fall More Than Forecast

    UNITED KINGDOM, 2017/04/21 UK retail sales declined additional than expected in March, figures from the Office for National Statistics revealed Friday. Retail sales inclunding automotive fuel decreased 1.8 % month-on-month in March, reversing a 1.7 % rise in February. Sales were estimate to fall moderately by 0.5 %.

  • Bosnian Firms Claim Slovenian Supermarket Chain 'Robbed' Them

    SERBIA, 2014/11/19 Around a hundred Bosnian companies, which claim they were financially damaged by the withdrawal of the supermarket chain, Tus, launched a joint fight for compensation on Monday. Next the Slovenian company recently announced it was withdrawing from Bosnia and Herzegovina, a lot of domestic companies complained that Tus had left them in the lurch and owed them millions of euro in unpaid supplies. Tus's debts to producers and suppliers in Bosnia and Herzegovina are believed to be worth around 10 million euro, in various amounts to different companies.

  • Poland Consumer Prices Fall In September

    POLAND, 2014/10/15 Poland's consumer prices continued to fall in September, data from the Central Statistical Office showed Wednesday. Consumer prices decreased 0.3 % year-on-year in September, the same rate as seen in August. Economists had estimate a 0.4 % fall for September. On a monthly basis, consumer prices remained flat versus a 0.1 % decrease expected by economists.

  • Over $1bn worth of Swiss watches shipped to UAE in 2013

    UNITED ARAB EMIRATES, 2014/03/06 The price of Swiss watches imported into the UAE has risen 36 % in the last three years, putting the emirates in the top ten of nations for the luxury accessories, official figures showed. Cumulative 2013 figures released by the Federation of the Swiss Watch Industry have ranked the UAE as the primary Middle Eastern country for the importation of Swiss timepieces. The total price of Swiss watches into the UAE last year was 934.1 million Swiss Francs ($1.05bn), up a staggering 36 % since 2011 and up 9 % since 2012, reflecting the strengthening position of the UAE’s luxury retail market in 2013.

  • British retail sales declined at the sharpest pace since April 2012

    UNITED KINGDOM, 2014/02/23 British retail sales declined at the sharpest pace since April 2012 as food store sales weakened notably next Christmas, data from the Office for National Statistics showed on Friday. The budget surplus fell short of expectations in January and remained below last year's level due to a fall in gain tax, an extra statement revealed. Retail sales volume, inclunding automotive fuel, fell 1.5 % month-on-month in January, which was the initial decline in three months and the biggest since April 2012. Economists had expected sales to fall 1 %, next a 2.5 % rise in December.

  • Retail sales in Greece decreased further in October,

    GREECE, 2014/01/01 Retail sales in Greece decreased further in October, but at a slower rate than in the previous month, initial estimates published by the Hellenic Statistical Authority showed Tuesday. Retail sales volume, excluding automotive fuel, decreased 2.3 % in October from the corresponding month of 2012, continuing the downward trend seen in recent months. In September, sales had recorded a 5.6 % fall. Sales of food products decreased 3.2 % annually, and non-food sales fell 0.9 %. Meanwhile, trade in automotive fuel increased by 7.2 %.

  • Eurozone retail sales declined slightly

    EUROPEAN UNION, 2013/11/07 Eurozone retail sales declined slightly additional-than-expected in September driven by the weakness in both food and non-food product turnover, data showed Wednesday. Elsewhere, a Purchasing Managers' survey today showed that services increase slowed in October, but at a slower than initially estimated pace. Services activity remained in positive territory for the third month running. The volume of retail sales dropped 0.6 % month-on-month, reversing August's 0.5 % rise, Eurostat reported. Economists had estimate sales to fall 0.4 % in September. Sales declined for the initial time in three months.

  • Retail sales in Italy during August remained unchanged

    ITALY, 2013/10/28 Retail sales in Italy during August remained unchanged from the previous month as spending on food held steady, while non-food consumption shrunk, data released by the statistical office ISTAT showed on Friday. The seasonally adjusted retail trade index remained unchanged from July, at the same time as sales declined a revised 0.2 %. This was in line with economists' expectations and came next a 0.2 % decreases in the previous two months. Sales of food were stable in August, following a 0.1 % gain in the previous month. Non-food sales declined for the fourth straight month, down 0.1 %.

  • Serbs Flock to Country's First H&M Store

    SERBIA, 2013/09/04 Hundreds of eager shoppers queued in front of Belgrade’s Delta City mall from early morning on Thursday to witness the opening of the initial H&M store in the Serbian capital. A lot of came as early as 5am in order to be part the initial to enter the store, and crowds continued to gather in front of the store throughout the day. One attraction for early birds is that each of the initial 300 shoppers won a voucher for 1,500 dinars [13 euros] to spend in the shop, while each buyer enjoyed a discount of 20 % discount on one purchased item.

  • Monoprix opens 1st international supermarket chain in Libya

    FRANCE, 2013/08/12 France's Monoprix will be the initial international supermarket chain to set up shop in Libya, with 52 outlets in the next five years. Monoprix was brought to Libya by the HBG group under the Libyan entrepreneur Husny Bey through a franchising with the Tunisian Société Nouvelle Maison de la Ville de Tunis (SNMVT), which uses the Monoprix name. The initial supermarket was opened in the capital in March on a surface area of some 5,000 square metres and an extra 52 will be opened over the coming months in other areas of the capital and the rest of the country.
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