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Retail

Dutch Retail Turnover Up 4.2% In December 2023

By Dayeeta Das
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Dutch Retail Turnover Up 4.2% In December 2023

Retail turnover in the Netherlands increased by 4.2% year on year in December 2023, while sales volume grew by 1.7%.

The turnover of the food segment increased by 4.6%, while the non-food sector registered 2.6% growth, the latest data from the Centraal Bureau voor de Statistiek (CBS, Statistics Netherlands) showed.

Sales volume in food stores was 0.4% higher in December compared to a year earlier.

Turnover in supermarkets and specialty stores saw growth of 4.6% and 4.3% year on year, respectively.

The non-food segment saw volume up 1.2% compared to the same period a year earlier, data showed.

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Drugstores, clothing stores and shops selling shoes and leather goods generated more turnover in December 2023 than in December 2022.

Shops selling furniture and home furnishings, do-it-yourself items (including kitchens and floors), consumer electronics and white goods and recreational items saw lower turnover in December.

Online Sales

Turnover in the online channel declined 1.2% year on year in December, with stores selling online as their core activity witnessing a 1.3% increase.

Turnover of multi-channel stores, which also selll via the internet, declined by 4.6%.

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The online turnover in food and drugstore stores and stores offering other non-food items was higher in December 2023 than in the same period in the preceding year.

The online turnover in consumer electronics stores and clothing stores was lower than a year earlier, the CBS added.

Full-Year Performance

Retail turnover in the country increased by 5.6% year on year in full-year 2023, while sales volume declined 2.4%.

Turnover in food stores grew by 7.7%, non-food stores achieved growth of 3.5%, and online turnover was up 1.6% compared to 2022.

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