Tag: Increased

Retail sales increased, but clothing stores and shoe stores were hit hard in the fourth quarter

Clothes stores have been hit hard. Photo: DutchNews.nl

Despite the coronavirus crisis, Dutch retail sales increased by nearly 6% annually, according to new figures from the national statistic agency CBS.

This means that retail sales have increased for the seventh consecutive year, CBS said.

However, there are significant differences depending on the type of retail. In addition, shoe and clothing store sales fell 27% year-on-year during the last three months of the year, when some non-essential stores were closed.

In contrast, Internet shopping surged 55% in the previous quarter, CBS figures show.

The overall increase is due to grocery stores,

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Tinuiti’s 2020 Holiday Shopping Trends Report Predicts Increased Spending

By analyzing ecommerce trends through demographics, device usage and sub-verticals, the 2020 Holiday Shopper Study prepares businesses for a jam-packed Q4 featuring a postponed Amazon Prime Day in October along with Cyber Week and traditional holiday sales. The study shows that despite the economic hardships and uncertainties surrounding the pandemic, the overwhelming majority (81.3 percent) of consumers said that they plan to spend about the same or more on holiday gifts compared to 2019—the highest level in the past three years.

“Over the last year, the increase in spending can be heavily attributed to the growth of Super Spenders, or

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