read on the newspaper's website LSA February 15, 2011
No growth for retail trade in January
February 14, 2011 by Olivier COSTIL
In January the business has collapsed: the figures business decreased by 0.6% in volume and working day adjusted for seasonal variations, compared to December 2010, according to the monthly business survey from the Bank of France. Compared to January 2010, activity remained stable.
The food sales fell 2.8% from December. Industrial products have registered an increase of 0.4%, the increase involved a majority of products including consumer electronics and furniture, and to a lesser extent the new car. A decrease was recorded for the month in footwear, textiles and appliances. Sales in small businesses increased 0.3% from the previous month.
The large retailers have reported a decrease in volumes of 1.1%. While supermarkets fell 2.1% and department stores and hypermarkets have shown declined 1.1%, the distance selling nevertheless rebounded by 9.3%.
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