December, the most productive month for food retail chains is
bringing supermarkets and hypermarkets sales put at more than 600
million euros, 30-35% more than the average of a regular
month.
Eastern and Christmas holidays generate record sales in large
stores, with lots of people standing in line at the tills, because
the client traffic increases by as much as 50% compared with
November, according to data from players on the market.
Last year, supermarket and hypermarket networks (discounters
included) posted cumulated sales of 6 billion euros, according to
Finance Ministry data, that is a 450-500 million-euro average.
Taking into account the estimates of the networks about the growth
rate of sales registered around Easter and Christmas, 30-35%, sales
in December can be put at 600-650 million euros. This year 13
hypermarkets were opened and three closed on the market, but,
considering the consumer spending decline, the segment should
stagnate at its 2008 level.
Preparation of Christmas dinner and presents could therefore
generate an additional 100-200 million euros in revenues to
supermarket and hypermarket chains in the last month of 2009.
“Generally, the number of clients in Carrefour hypermarkets goes up
by approximately 50% in December compared with a regular month,”
says Andreea Mihai, marketing manager of Carrefour Romania. On the
average, the traffic increase in hypermarkets stands at about
30-35% in December, according to market data.
In Bucharest, an over 10,000-15,000 square metre hypermarket
attracts up to 150,000 clients in December, but the representatives
of the stores are unwilling to provide details about the value of
this month’s sales.
This year, however, retailers are no longer talking about growth in
sales or client traffic, so that the December 2008 peak may not be
reached in 2009.
Supermarket and hypermarket chains on the Romanian market total
almost 500 stores at present, with almost one million square metres
in sales area.
ZF English
Romanians spend 600 million euros in supermarkets in December
December, the most productive month for food retail chains is bringing supermarkets and hypermarkets sales put at more than 600 million euros, 30-35% more than the average of a regular month