Dutch retail sector sees 11.3% YoY turnover growth in Jan 2023: CBS

The non-food sector saw the most significant growth, with a 21.5 per cent increase in turnover compared to the same month last year. This growth can be attributed to the strict lockdown until mid-January 2022, which significantly affected the non-food sector. All shops saw year-on-year turnover growth in January, with clothes shops (up 40 per cent) and shops selling footwear and leather products (up 35.2 per cent) experiencing significant increases, as per CBS.

On the other hand, online retail turnover decreased by 10.9 per cent YoY in January, with web shops recording a turnover decrease of 2.7 per cent YoY and multi-channel retailers achieving a 20.1 per cent YoY lower turnover in online sales. Furthermore, the online retail turnover of clothing and fashion products was down by 11.6 per cent YoY.

ALCHEMPro News Desk (DP)