Retail sales fell for the fourteenth consecutive month, representing the largest fall in the last five years.
Sales of retail trade registered an interannual decrease of 11.7% in real terms during the month of February and 9.1% if we remove the calendar effect, which represents the largest decrease in the series, as reported today the National Statistics Institute (INE), which said that sales excluding service stations fell by 10.8%.

In this way, in February retail sales fell for the fourteenth consecutive month, representing the largest fall in the last five years, while employment in the retail sector fell by 3.7% in February, the biggest decrease since 2005 and the seventh row.

Specifically, sales of foodstuffs fell by 8.8%, while those of non-food products decreased by 12.6%. Among the latter, sales in the segment of the home team fell 24.3%, the personal equipment fell 10.6%, and other goods, 7.9%.

Sales at service stations, excluding the price effect, recorded in February, a decline of 5% over the same month in 2008.

The decomposition rate of the general retail sector, according to the various forms of distribution shows that all the commercial formulas reduced their sales in February.

The decrease was highest in small channels, with a fall of 12.8%, followed by supermarkets (-11.7%), business unilocalizadas (-10.7%) and the big chains (-7 , 2%).

Drop in sales of large stores

The general index of large areas, which reflects the behavior of sales in a local area of 2,500 square meters more, recorded a decrease of 11.7% in real terms, recording the biggest drop since 2004. Food products and non-food products decreased by 10.1% and 12.6% respectively.

Retail sales fell in February in all the Autonomous Communities, the largest declines were in the Valencia (-15.4%), Rioja (-15%) and Baleares (-14%).

Employment is reduced by 3.7%

On the other hand, employment in the retail sector, both salaried and self-reported in February a rate of change for the whole sector of -3.7%.

All modes of distribution decreased employment, especially for small chains and large stores, which registered a fall in occupancy of 6.2% and 7.4% respectively.

On the other hand, employment in service stations registered a fall of 3.4% compared to February 2008.

By autonomous communities, employment in retail trade, introduced a price drop, whether we consider the use of the service stations as if it does not count.

The biggest declines in occupancy of the total retail trade occurred in the Canary Islands (-5.4%), Aragon (-5.2%) and Castilla-La Mancha (-5%).

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Onda Cero 31/03/2009

12% reduction in sales

Employment in the retail sector slashing 4% decline in February

Retail sales at constant prices decreased by 11.7% in February over the same month last year, while employment fell 3.7%, representing the largest drop since comparable data are available, in 2005.

As reported today by the National Statistics Institute (INE), if one eliminates the effect of schedule, the index of retail trade at current prices in February fell 9.1% compared to same month of 2008.

In February, all modes of distribution have decreased their sales, especially in small channels, which fell 12.8%, followed by supermarkets, 11.7%; stores, 10.7%, and the big chains , 7.2%. At service stations sales fell 5% compared to February 2008.

At current prices, sales fell 10.8%, mainly by the decrease in food products by 8.8% and 12.6% in non-food products.

All regions recorded declines in retail sales, including the Rioja and Valencia, in excess of 15%, and the Balearic Islands (-14%).

Regarding employment, occupancy fell 3.7% in February compared with data from a year ago, primarily due to a decrease of 7.4% for superstores and 6.2% for small strings.

Canary was the region where the lowest occupancy in February, followed by Aragon and Castile-La Mancha, all figures with more than 5%, while the remaining regions also had negative rates of employment.

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Finance 31/03/2009

The retail trade showed a record drop in sales and employment in February


Retail sales fell for the twelfth consecutive month
Sales of retail trade registered an interannual decrease of 11.7% in real terms during the month of February and 9.1% if we remove the calendar effect, this being the biggest drop of the series, as reported today National Statistics Institute (INE).
In this way, in February retail sales fell for the twelfth consecutive month, while employment in the retail sector fell by 3.7% in February, the biggest decline since 2005 and the eighth row.

Specifically, sales of foodstuffs fell by 8.8%, while those of non-food products decreased by 12.6%. Among the latter, sales in the segment of the home team fell 24.3%, the personal equipment fell 10.6%, and other goods, 7.9%.

Sales at service stations, excluding the price effect, recorded in February, a decline of 5% over the same month in 2008.

The decomposition rate of the general retail sector, according to the various forms of distribution shows that all the commercial formulas reduced their sales in February. The decrease was highest in small channels, with a fall of 12.8%, followed by supermarkets (-11.7%), business unilocalizadas (-10.7%) and the big chains (-7 , 2%).

The general index of large areas, which reflects the behavior of sales in a local area of 2,500 square meters more, recorded a decrease of 11.7% in real terms, recording the biggest drop since 2004. Food products and non-food products decreased by 10.1% and 12.6% respectively.

as retail sales fell in February in all the Autonomous Communities, the largest declines were in the Valencia (-15.4%), Rioja (-15%) and Baleares (-14%).

On the other hand, employment in the retail sector, both salaried and self-reported in February a rate of change for the whole sector of -3.7%. All modes of distribution decreased employment, especially for small chains and large stores, which registered a fall in occupancy of 6.2% and 7.4% respectively. On the other hand, employment in service stations registered a fall of 3.4% compared to February 2008.

By autonomous communities, employment in retail trade, introduced a price drop, whether we consider the use of the service stations as if it does not count .. The biggest declines in occupancy of the total retail trade occurred in the Canary Islands (-5.4%), Aragon (-5.2%) and Castilla-La Mancha (-5%).

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Distribution Update 31/03/2009

Fashion can expect

Sales of textiles fell by 6%

The stagnation in consumption and lower prices were the main causes of the collapse in sales generated by textiles, which fell 5.9% during 2008, according to Worldpanel Fashion.

The price has become the primary driver of purchase, compared to attribute the quality or design. This explains the reduction in the average expenditure, as each spent 584 euros for Spanish clothing equipment (37 euros less than in 2007), with a mean of 38.6 items, versus the 39 we acquired last year.


In 2008, prices showed a negative trend (-5.0%), marked by the advancement of the rebates and promotions. Segment, the worst hit was the fashion for men, which reached 7% contraction, while the fall in the categories of women and children was somewhat lower, 5.3% and 5.4% respectively.


In this context, specialist chains and managed to weather the crisis grew by 2.6%, increasing its share by more than two percentage points to 31.9%. It also focused the bulk of the business, 33.2% of the business, while hypermarkets and supermarkets and markets scatter obtained a share of 6.2% and 5.1% respectively.

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The World 31/03/2009

Spaniards spend 6% less on clothes

Spanish consumers in 2008 spent an average of 584 euros in textile garments, which is 5.9% less than the previous year and 8.75% less than in 2006, according to the first annual Fashion Worldpanel of TNS Worldpanel.

Specifically, the total turnover of the textile sector amounted to 18,427 million euros in 2008, representing a decrease of 5.9% over 2007, largely due to lower prices, which last year had an evolution negative 5%, which was more pronounced in the Christmas season for the advancement of promotions and rebates.

In 2008, every purchase made a Spanish average of 38.6 pieces, compared to the 39 products purchased in 2007 or 40 2006, with an average cost of 584 euros, 37 euros less than a year earlier and 56 euros less than in 2006.

Segment, the most criminalized was for men (over 15), where spending fell by 7%, while purchases by women decreased by 5.3%, and children's fashion showed a decrease of 5 4%.

In this context, specialist chains and managed to avoid the crisis grew by 2.6% in value terms, which led to an increase to raise its market share in more than two percentage points, from 29.3% in 2007 to 31.9% in 2008.

Falls in the purchase market hawkers

The independent shops and markets were traveling hit hardest by the adjustment of the family budget, as it decreased in value by 10.7% and 10.5% respectively, while shopping in hypermarkets and supermarkets fell by 9.1 %.

For contributions, the independent shops continued to concentrate the bulk of the purchases of the sector, generating 33.2% of the business in 2008, although its share decreased by nearly two percentage points.

Moreover, channels are not so massive for the purchase of textiles such as hypermarkets, supermarkets and street vendors and markets best defended and won its share by 6.2% (versus 6.4% in 2007) and 5.1% ( compared to 5.4% in 2007), respectively.

Fashion Worldpanel analysis also reveals that the search for price becomes the primary motivator of purchase, against other factors such as quality, design, variety, or the care of dependents.