Business Retail
22:23 20 February 2024
Post by: WBJ

Small retail stores record sales growth of 1.3% y/y in January

Small retail stores record sales growth of 1.3% y/y in January
Source: Pixabay

In January 2024, sales in small format stores under 300 sqm increased by 1.3% compared to the previous year, while transactions decreased by nearly 8%. Compared to December 2023, turnover dropped by 12%, and transactions decreased by 4%. This decline is attributed to fewer visits to stores and a decrease in the total number of items sold, primarily due to a reduction in the number of stores. However, the average receipt value rose by 10%, mainly because of an increase in the average number of products per receipt.

Small format stores include small, medium, and large grocery stores, as well as specialized alcohol stores.

Source: inwestycje.pl


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