Retail sector reports lower turnover

Retail turnover was 0.4 percent down in May from one year previously. The less favourable shopping-day pattern is one of the factors for the downturn, according to Statistics Netherlands (CBS). With 0.7 percent, the volume of sales contracted slightly more. The food sector and the non-food sector each accounted for a turnover loss of approximately 1 percent, but online retailers boasted substantial turnover growth.

May 2016 had a Friday and Saturday less and a Monday and Tuesday more than May 2015. Traditionally, retail shops achieve good turnover results on Fridays and Saturdays. On Mondays and Tuesdays turnover results tend to be relatively poor. Adjusted for the shopping-day pattern, retail turnover would have been higher than in May last year.

Turnover developments retail sector
Turnover developments retail sector
 Turnover
2014 J1.2
2014 F0.5
2014 M-1.9
2014 A3.3
2014 M0.9
2014 J-1.9
2014 J0.6
2014 A-0.4
2014 S-0.4
2014 O2.3
2014 N-0.6
2014 D2.7
2015 J1.1
2015 F1.3
2015 M-0.6
2015 A1.4
2015 M-1.6
2015 J4.9
2015 J3.2
2015 A-1.2
2015 S4.5
2015 O2.2
2015 N-1.7
2015 D3.2
2016 J-1.4
2016 F2.8
2016 M4.1
2016 A0.2
2016 M-0.4

Turnover food sector falls by more than 1 percent

Turnover generated by food, beverages and tobacco shops was 1.2 percent below the level of twelve months previously. On average, prices of daily shopping items were 1.4 percent higher, sales slumped 2.6 percent. Specialist shops realised about the same turnover results as in May 2015, while supermarkets faced a 1.4 percent loss.

Turnover non-food sector declines by nearly 1 percent

Non-food turnover was 0.9 percent down from May last year. The average price level for non-food products was 0.9 percent higher, sales declined by 8 percent, but clothing shops boasted considerable turnover growth.

Year-on-year, home furnishing shops and DIY shops have seen turnover grow for several months in a row. This development continued in May, although household appliances shops and consumer electronics shops performed less well compared to May 2015.

Turnover non-food sector
Turnover non-food sector
 April 2016May 2016
Total food0.8-1.2
Specialised shops selling food0.9-0.1
Supermarkets0.7-1.4
Total non-food sector-0.4-0.9
Clothing-14.6
Home furnishing shops7.74
DIY shops3.82.4
Chemists shops2.31
Consumer electronics-0.1-10
Household articles-7.6-11

Robust turnover growth for e-tailers

E-tailers saw turnover soar by 26.5 percent in May, versus a 14 percent year-on-year growth in April. Pure internet retailers and multi-channelers (retailers selling goods and services over the internet and in the traditional manner) realised more or less the same online turnover growth.

Sources

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