Berlin The retailers in the shopping streets of German inner cities have to cope with losses, some of them significant, due to the corona pandemic, high inflation and delivery bottlenecks. Sales in stationary retail clothing fell from January to September, adjusted for inflation, by 11.0 percent compared to the same period in the pre-corona year 2019, as the Federal Statistical Office announced on Thursday. “A similar development can also be seen in other shops typically found in inner cities,” the statisticians explained.
Sales in the retail trade with books fell by 21.0 percent in the period mentioned, and in the toy business by 17.5 percent. The declines in consumer electronics retail (-7.4 percent) and shoes (-4.9 percent) were somewhat smaller. “An exception is the retail trade in jewelry and watches,” it said. This was able to increase its sales by 17.8 percent in real terms.
The drop in sales of the shops typical of the city centers is dampening the development of stationary retailing overall: In the first three quarters, retailers with sales rooms did have a price-adjusted 3.0 percent more sales than in the same period of 2019. At the same time, competing online trading managed a more than ten times such a strong jump in sales of 31.2 percent.
E-commerce, which has been booming since the corona crisis in particular, is putting many shops under pressure. The industry is hoping for the backing of politicians in order to take action against the dying of shops in many places with more attractive inner cities. With Galeria, the last German department store giant has applied for a protective shield procedure, the aim of which is economic recovery. Galeria had lost feathers in the Corona crisis, now the chain is suffering from rising energy prices and bad mood among consumers.
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